New York State Common Retirement Fund Has $2.81 Million Holdings in Ladder Capital Corp $LADR

New York State Common Retirement Fund boosted its stake in Ladder Capital Corp (NYSE:LADR) by 52.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 257,895 shares of the real estate investment trust’s stock after acquiring an additional 89,100 shares during the period. New York State Common Retirement Fund owned 0.20% of Ladder Capital worth $2,814,000 at the end of the most recent quarter.

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

Ladder Capital Trading Down 0.7%

Shares of LADR stock opened at $10.27 on Friday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 20.14, a P/E/G ratio of 4.11 and a beta of 1.01. Ladder Capital Corp has a 12-month low of $9.68 and a 12-month high of $11.92. The company has a current ratio of 35.60, a quick ratio of 35.60 and a debt-to-equity ratio of 2.01. The firm’s 50 day moving average is $11.07 and its 200 day moving average is $11.05.

Ladder Capital Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 9.0%. The ex-dividend date was Wednesday, December 31st. Ladder Capital’s dividend payout ratio is currently 146.03%.

Key Stories Impacting Ladder Capital

Here are the key news stories impacting Ladder Capital this week:

• Positive Sentiment: Management highlighted strong loan originations and a healthy pipeline in Q4, which supports future fee and interest income growth and offsets some concerns about the quarter. Yahoo Finance: Q4 Highlights
• Neutral Sentiment: The earnings call and slide presentation provide detail on portfolio composition, capital position and management’s outlook—useful for assessing timing of loan yields and potential dispositions. (Transcript and slides available.) Seeking Alpha: Q4 Presentation
• Negative Sentiment: Reported EPS and revenue missed analyst estimates (quarterly EPS below consensus; revenue materially below expectations), reducing near-term earnings visibility and pressuring the share price. Zacks: Earnings and Revenues Lag
• Negative Sentiment: Net interest income underperformed and the market reacted negatively—coverage and news outlets report the stock dipped after the Q4 release, reflecting investor concern over near-term profitability and margin pressure. Seeking Alpha: Stock Dips After Q4

Analyst Ratings Changes

Several analysts have issued reports on the stock. Citigroup reiterated a “market outperform” rating on shares of Ladder Capital in a research note on Wednesday, January 21st. BTIG Research reiterated a “buy” rating and set a $13.50 price objective on shares of Ladder Capital in a research report on Monday, February 2nd. B. Riley Financial started coverage on shares of Ladder Capital in a report on Monday, January 5th. They set a “buy” rating and a $13.00 target price on the stock. HSBC set a $13.00 price objective on Ladder Capital in a research note on Wednesday, January 21st. Finally, Capital One Financial set a $13.00 target price on shares of Ladder Capital in a report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.92.

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.