Ladder Capital (NYSE:LADR) Downgraded to “Strong Sell” Rating by Zacks Research

Ladder Capital (NYSE:LADR) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Other analysts have also issued research reports about the company. HSBC set a $13.00 target price on Ladder Capital in a research note on Wednesday, January 21st. Susquehanna set a $13.00 price objective on shares of Ladder Capital in a research note on Wednesday, January 21st. B. Riley Financial began coverage on Ladder Capital in a research note on Monday, January 5th. They set a “buy” rating and a $13.00 price objective on the stock. Citigroup reaffirmed a “market outperform” rating on shares of Ladder Capital in a research note on Wednesday, January 21st. Finally, Capital One Financial set a $13.00 price objective on Ladder Capital in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $12.92.

Ladder Capital Trading Up 0.7%

Shares of LADR stock opened at $10.46 on Monday. The business has a 50-day moving average price of $11.00 and a two-hundred day moving average price of $11.02. Ladder Capital has a 12-month low of $9.68 and a 12-month high of $11.92. The company has a quick ratio of 29.65, a current ratio of 29.65 and a debt-to-equity ratio of 2.37. The firm has a market cap of $1.33 billion, a P/E ratio of 20.50, a price-to-earnings-growth ratio of 4.27 and a beta of 1.01.

Institutional Investors Weigh In On Ladder Capital

A number of large investors have recently modified their holdings of LADR. Focus Partners Wealth bought a new stake in shares of Ladder Capital during the fourth quarter valued at approximately $7,989,000. M&T Bank Corp purchased a new stake in shares of Ladder Capital in the 4th quarter worth about $7,943,000. Goldman Sachs Group Inc. increased its stake in shares of Ladder Capital by 30.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,930,524 shares of the real estate investment trust’s stock worth $32,206,000 after acquiring an additional 682,511 shares in the last quarter. Adage Capital Partners GP L.L.C. purchased a new position in Ladder Capital during the 2nd quarter valued at about $6,289,000. Finally, Russell Investments Group Ltd. boosted its stake in Ladder Capital by 148.2% during the third quarter. Russell Investments Group Ltd. now owns 923,588 shares of the real estate investment trust’s stock worth $10,076,000 after acquiring an additional 551,478 shares in the last quarter. Institutional investors own 62.25% of the company’s stock.

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.