Universal Beteiligungs und Servicegesellschaft mbH Grows Stock Holdings in Ladder Capital Corp $LADR

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Ladder Capital Corp (NYSE:LADR) by 62.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 233,488 shares of the real estate investment trust’s stock after buying an additional 89,588 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ladder Capital were worth $2,547,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC raised its stake in Ladder Capital by 192.4% during the second quarter. CWM LLC now owns 3,798 shares of the real estate investment trust’s stock valued at $41,000 after buying an additional 2,499 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Ladder Capital during the third quarter valued at $60,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Ladder Capital in the 2nd quarter worth about $108,000. Tower Research Capital LLC TRC boosted its stake in Ladder Capital by 89.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 10,425 shares of the real estate investment trust’s stock worth $112,000 after purchasing an additional 4,910 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Ladder Capital in the 3rd quarter worth about $113,000. Institutional investors own 62.25% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on LADR. HSBC set a $13.00 target price on shares of Ladder Capital in a report on Wednesday, January 21st. B. Riley started coverage on shares of Ladder Capital in a research report on Monday, January 5th. They set a “buy” rating and a $13.00 price target for the company. Citigroup restated a “market outperform” rating on shares of Ladder Capital in a report on Wednesday, January 21st. Wall Street Zen downgraded Ladder Capital from a “hold” rating to a “sell” rating in a research note on Friday, January 23rd. Finally, Susquehanna set a $13.00 target price on Ladder Capital in a report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.80.

Ladder Capital Stock Up 0.7%

Shares of Ladder Capital stock opened at $11.16 on Friday. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 17.71, a price-to-earnings-growth ratio of 7.08 and a beta of 1.01. The company’s 50 day moving average is $11.10 and its 200 day moving average is $11.06. Ladder Capital Corp has a twelve month low of $9.68 and a twelve month high of $11.92. The company has a quick ratio of 35.60, a current ratio of 35.60 and a debt-to-equity ratio of 2.01.

Ladder Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend was Wednesday, December 31st. Ladder Capital’s dividend payout ratio is presently 146.03%.

About Ladder Capital

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.