ValuEngine lowered shares of Ladder Capital (NYSE:LADR) from a strong-buy rating to a buy rating in a report released on Wednesday morning.
Several other equities research analysts have also weighed in on the stock. Bank of America upgraded shares of Ladder Capital from a neutral rating to a buy rating in a report on Tuesday, January 16th. Zacks Investment Research lowered shares of Ladder Capital from a buy rating to a hold rating in a report on Thursday, November 9th. Finally, Keefe, Bruyette & Woods reiterated a buy rating and issued a $16.50 target price on shares of Ladder Capital in a report on Thursday, March 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of $16.67.
Ladder Capital (LADR) opened at $15.23 on Wednesday. Ladder Capital has a 52 week low of $12.82 and a 52 week high of $15.35. The stock has a market cap of $1,694.86, a P/E ratio of 15.38, a price-to-earnings-growth ratio of 2.16 and a beta of 0.96. The company has a quick ratio of 62.36, a current ratio of 62.36 and a debt-to-equity ratio of 2.94.
Institutional investors and hedge funds have recently bought and sold shares of the business. Atlantic Trust Group LLC acquired a new stake in Ladder Capital in the third quarter worth $2,060,000. GSA Capital Partners LLP raised its holdings in Ladder Capital by 518.2% in the third quarter. GSA Capital Partners LLP now owns 124,232 shares of the real estate investment trust’s stock worth $1,712,000 after purchasing an additional 104,136 shares during the period. Royal Bank of Canada raised its holdings in Ladder Capital by 61.9% in the second quarter. Royal Bank of Canada now owns 57,973 shares of the real estate investment trust’s stock worth $778,000 after purchasing an additional 22,162 shares during the period. California State Teachers Retirement System raised its holdings in shares of Ladder Capital by 45.8% during the second quarter. California State Teachers Retirement System now owns 125,052 shares of the real estate investment trust’s stock worth $1,677,000 after acquiring an additional 39,300 shares during the period. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Ladder Capital during the third quarter worth $491,000. Institutional investors own 49.53% of the company’s stock.
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Ladder Capital Company Profile
Ladder Capital Corp is a commercial real estate finance company. The Company’s segments include loans, securities, real estate and corporate/other. The loans segment includes mortgage loan receivables held for investment (balance sheet loans) and mortgage loan receivables held for sale (conduit loans).
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