Ladder Capital (NYSE:LADR) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “Ladder Capital Corp is a commercial real estate finance company. The Company operates in three segments: Loans, Securities and Real Estate. It focused on midmarket senior secured commercial real estate first mortgage loans, investment grade-rated securities secured by first mortgage loans on commercial real estate and investing in net leased and other commercial real estate. The company also provides services of the commercial real estate industry which includes origination, credit, underwriting, structuring, capital markets and asset management. Ladder Capital Corp is headquartered in New York City. “

Several other research firms have also recently commented on LADR. BidaskClub cut Ladder Capital from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Keefe, Bruyette & Woods restated a “buy” rating and issued a $16.00 price target on shares of Ladder Capital in a research report on Friday, September 22nd. Bank of America upgraded Ladder Capital from a “neutral” rating to a “buy” rating in a research report on Tuesday. ValuEngine upgraded Ladder Capital from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Finally, B. Riley restated a “buy” rating on shares of Ladder Capital in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, one has given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $15.83.

Shares of Ladder Capital (NYSE LADR) opened at $14.62 on Wednesday. The company has a market capitalization of $1,505.05, a price-to-earnings ratio of 11.98, a PEG ratio of 1.93 and a beta of 1.03. Ladder Capital has a 52 week low of $12.82 and a 52 week high of $15.23. The company has a debt-to-equity ratio of 2.86, a current ratio of 77.86 and a quick ratio of 77.86.

Ladder Capital (NYSE:LADR) last released its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The company had revenue of $69.30 million during the quarter, compared to analysts’ expectations of $59.05 million. Ladder Capital had a return on equity of 9.78% and a net margin of 27.38%. During the same period last year, the firm earned $0.40 EPS. sell-side analysts predict that Ladder Capital will post 1.36 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of LADR. Schwab Charles Investment Management Inc. boosted its position in shares of Ladder Capital by 50.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 329,902 shares of the real estate investment trust’s stock worth $4,424,000 after purchasing an additional 111,040 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Ladder Capital by 58.3% in the 2nd quarter. Rhumbline Advisers now owns 81,908 shares of the real estate investment trust’s stock worth $1,098,000 after purchasing an additional 30,161 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Ladder Capital by 39.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 322,253 shares of the real estate investment trust’s stock worth $4,322,000 after purchasing an additional 90,430 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Ladder Capital by 69.9% in the 2nd quarter. Legal & General Group Plc now owns 17,465 shares of the real estate investment trust’s stock worth $235,000 after purchasing an additional 7,187 shares during the last quarter. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Ladder Capital by 833.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 10,199 shares of the real estate investment trust’s stock worth $137,000 after purchasing an additional 9,106 shares during the last quarter. Institutional investors and hedge funds own 46.18% of the company’s stock.

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About Ladder Capital

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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