Kelly Amanda Porcella Sells 20,000 Shares of Ladder Capital Corp (NYSE:LADR) Stock

Ladder Capital Corp (NYSE:LADRGet Rating) insider Kelly Amanda Porcella sold 20,000 shares of the stock in a transaction that occurred on Monday, April 11th. The shares were sold at an average price of $11.75, for a total value of $235,000.00. Following the completion of the sale, the insider now directly owns 150,594 shares of the company’s stock, valued at $1,769,479.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Kelly Amanda Porcella also recently made the following trade(s):

  • On Friday, April 8th, Kelly Amanda Porcella sold 20,000 shares of Ladder Capital stock. The stock was sold at an average price of $11.61, for a total value of $232,200.00.

NYSE:LADR opened at $11.77 on Tuesday. The stock has a fifty day moving average price of $11.70 and a two-hundred day moving average price of $11.79. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 26.16 and a beta of 2.08. The company has a debt-to-equity ratio of 2.79, a quick ratio of 103.29 and a current ratio of 103.29. Ladder Capital Corp has a 1 year low of $10.48 and a 1 year high of $12.65.

Ladder Capital (NYSE:LADRGet Rating) last released its quarterly earnings data on Wednesday, February 9th. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.06. Ladder Capital had a return on equity of 3.03% and a net margin of 15.78%. During the same period in the previous year, the business earned ($0.10) earnings per share. On average, analysts predict that Ladder Capital Corp will post 0.71 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 15th. Shareholders of record on Thursday, March 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 6.80%. The ex-dividend date is Wednesday, March 30th. Ladder Capital’s payout ratio is 177.78%.

LADR has been the subject of several analyst reports. StockNews.com initiated coverage on Ladder Capital in a research note on Thursday, March 31st. They set a “buy” rating for the company. TheStreet upgraded Ladder Capital from a “c” rating to a “b-” rating in a research note on Thursday, February 10th. BTIG Research restated a “buy” rating and set a $13.50 price target on shares of Ladder Capital in a research note on Friday, February 11th. Finally, Zacks Investment Research upgraded Ladder Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, March 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Ladder Capital presently has a consensus rating of “Buy” and an average target price of $13.13.

Institutional investors have recently bought and sold shares of the business. Point72 Hong Kong Ltd acquired a new stake in Ladder Capital in the fourth quarter valued at $46,000. Capital Analysts LLC acquired a new stake in Ladder Capital in the third quarter valued at $47,000. Catalyst Capital Advisors LLC grew its holdings in Ladder Capital by 29.2% in the third quarter. Catalyst Capital Advisors LLC now owns 5,260 shares of the real estate investment trust’s stock valued at $58,000 after purchasing an additional 1,190 shares during the last quarter. Penserra Capital Management LLC acquired a new stake in Ladder Capital in the third quarter valued at $86,000. Finally, Gator Capital Management LLC acquired a new stake in Ladder Capital in the fourth quarter valued at $128,000. 56.42% of the stock is currently owned by institutional investors.

About Ladder Capital (Get Rating)

The Loans segment originates conduit first mortgage loans that are secured by cash-flowing commercial real estate; and originates and invests in balance sheet first mortgage loans secured by commercial real estate properties that are undergoing transition, including lease-up, sell-out, and renovation or repositioning.

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Insider Buying and Selling by Quarter for Ladder Capital (NYSE:LADR)

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