66,561 Shares in Ladder Capital Corp $LADR Acquired by FJ Capital Management LLC

FJ Capital Management LLC acquired a new stake in Ladder Capital Corp (NYSE:LADR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 66,561 shares of the real estate investment trust’s stock, valued at approximately $732,000. FJ Capital Management LLC owned 0.05% of Ladder Capital at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of LADR. Denali Advisors LLC raised its stake in Ladder Capital by 99.6% during the 3rd quarter. Denali Advisors LLC now owns 490,600 shares of the real estate investment trust’s stock worth $5,352,000 after buying an additional 244,776 shares during the period. SG Americas Securities LLC raised its holdings in Ladder Capital by 116.7% during the 4th quarter. SG Americas Securities LLC now owns 95,414 shares of the real estate investment trust’s stock worth $1,049,000 after buying an additional 51,374 shares during the period. M&T Bank Corp bought a new position in Ladder Capital in the fourth quarter valued at approximately $7,943,000. Aptus Capital Advisors LLC boosted its holdings in shares of Ladder Capital by 15.2% in the third quarter. Aptus Capital Advisors LLC now owns 658,015 shares of the real estate investment trust’s stock valued at $7,179,000 after buying an additional 86,916 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in shares of Ladder Capital by 3.6% in the third quarter. Victory Capital Management Inc. now owns 2,800,065 shares of the real estate investment trust’s stock valued at $30,549,000 after buying an additional 96,813 shares during the period. Institutional investors own 62.25% of the company’s stock.

Insider Activity

In other news, insider Robert Perelman sold 17,505 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $10.25, for a total transaction of $179,426.25. Following the completion of the transaction, the insider owned 428,684 shares of the company’s stock, valued at approximately $4,394,011. The trade was a 3.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 12.00% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on LADR. Wall Street Zen upgraded shares of Ladder Capital from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Keefe, Bruyette & Woods reduced their target price on shares of Ladder Capital from $11.50 to $11.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Zacks Research downgraded shares of Ladder Capital from a “hold” rating to a “strong sell” rating in a research report on Monday, February 16th. Finally, Weiss Ratings lowered shares of Ladder Capital from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $12.75.

Ladder Capital Price Performance

NYSE:LADR opened at $10.14 on Friday. The firm’s fifty day moving average price is $10.14 and its two-hundred day moving average price is $10.51. The company has a debt-to-equity ratio of 2.79, a current ratio of 58.90 and a quick ratio of 58.90. The company has a market cap of $1.29 billion, a P/E ratio of 23.03, a P/E/G ratio of 0.90 and a beta of 0.95. Ladder Capital Corp has a one year low of $9.61 and a one year high of $11.92.

Ladder Capital (NYSE:LADR) last posted its earnings results on Thursday, April 23rd. The real estate investment trust reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The company had revenue of $51.88 million for the quarter, compared to the consensus estimate of $57.03 million. Ladder Capital had a return on equity of 5.73% and a net margin of 13.82%.During the same quarter in the prior year, the business earned $0.20 earnings per share. Equities analysts expect that Ladder Capital Corp will post 0.78 earnings per share for the current year.

Ladder Capital Company Profile

Ladder Capital Corp (NYSE: LADR) is a publicly traded commercial real estate finance company structured as a real estate investment trust. The firm specializes in originating, acquiring and managing a diversified portfolio of commercial mortgage loans, subordinate financings such as mezzanine loans and B-notes, and equity investments. In addition to direct lending activities, Ladder Capital invests in and manages commercial mortgage‐backed securities (CMBS) and commercial real estate collateralized loan obligations (CRE CLOs), providing financing across a range of property types including office, retail, multifamily, industrial and hospitality assets.

Since its inception in 2008, Ladder Capital has developed a platform that supports both balance-sheet lending and structured securitization.