AE Wealth Management LLC decreased its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 18.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,377 shares of the real estate investment trust’s stock after selling 12,799 shares during the period. AE Wealth Management LLC’s holdings in Apollo Commercial Real Estate Finance were worth $661,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Arete Wealth Advisors LLC acquired a new stake in shares of Apollo Commercial Real Estate Finance in the 1st quarter valued at $5,537,625,000,000. Nisa Investment Advisors LLC raised its position in shares of Apollo Commercial Real Estate Finance by 2.5% in the 1st quarter. Nisa Investment Advisors LLC now owns 62,601 shares of the real estate investment trust’s stock valued at $583,000 after acquiring an additional 1,510 shares during the period. Virtu Financial LLC boosted its position in shares of Apollo Commercial Real Estate Finance by 154.7% during the first quarter. Virtu Financial LLC now owns 32,117 shares of the real estate investment trust’s stock worth $299,000 after purchasing an additional 19,506 shares in the last quarter. Conversant Capital LLC bought a new position in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at about $5,380,000. Finally, HRT Financial LP bought a new stake in Apollo Commercial Real Estate Finance in the 4th quarter valued at $193,000. Institutional investors and hedge funds own 53.74% of the company’s stock.
Apollo Commercial Real Estate Finance Stock Down 1.2 %
Shares of NYSE:ARI opened at $10.19 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 49.19 and a quick ratio of 49.19. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $7.91 and a 1 year high of $12.74. The business’s 50-day moving average is $10.73 and its 200-day moving average is $10.38. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 13.23 and a beta of 1.62.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.40 annualized dividend and a yield of 13.74%. Apollo Commercial Real Estate Finance’s payout ratio is 181.82%.
Analyst Upgrades and Downgrades
Several research firms have commented on ARI. JPMorgan Chase & Co. upgraded Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 target price on the stock in a research note on Wednesday, August 2nd. StockNews.com initiated coverage on shares of Apollo Commercial Real Estate Finance in a report on Thursday, August 17th. They issued a “hold” rating on the stock. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.10.
Get Our Latest Research Report on ARI
Insider Transactions at Apollo Commercial Real Estate Finance
In other Apollo Commercial Real Estate Finance news, Director Mark C. Biderman sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Apollo Commercial Real Estate Finance news, Director Mark C. Biderman sold 10,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total transaction of $106,000.00. Following the sale, the director now owns 66,485 shares of the company’s stock, valued at approximately $704,741. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Stuart Rothstein sold 40,000 shares of the company’s stock in a transaction on Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
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Want to see what other hedge funds are holding ARI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Bartlett & Co. LLC grew its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 12,720.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,025 shares of the real estate investment trust’s stock after purchasing an additional 15,900 shares during the quarter. Bartlett & Co. LLC’s holdings in Apollo Commercial Real Estate Finance were worth $187,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its stake in shares of Apollo Commercial Real Estate Finance by 721.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,310 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 3,785 shares in the last quarter. Belpointe Asset Management LLC increased its stake in shares of Apollo Commercial Real Estate Finance by 154.8% in the 1st quarter. Belpointe Asset Management LLC now owns 9,173 shares of the real estate investment trust’s stock worth $85,000 after acquiring an additional 5,573 shares in the last quarter. Metropolitan Life Insurance Co NY increased its stake in shares of Apollo Commercial Real Estate Finance by 11.7% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 8,666 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 907 shares in the last quarter. Covestor Ltd increased its stake in shares of Apollo Commercial Real Estate Finance by 131.9% in the 1st quarter. Covestor Ltd now owns 7,213 shares of the real estate investment trust’s stock worth $100,000 after acquiring an additional 4,102 shares in the last quarter. Finally, Point72 Middle East FZE bought a new position in shares of Apollo Commercial Real Estate Finance in the 4th quarter worth about $106,000. 53.74% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $10.60, for a total value of $106,000.00. Following the transaction, the director now owns 66,485 shares of the company’s stock, valued at $704,741. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several analysts recently commented on ARI shares. StockNews.com started coverage on shares of Apollo Commercial Real Estate Finance in a research report on Thursday, August 17th. They set a “hold” rating on the stock. JPMorgan Chase & Co. raised shares of Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective on the stock in a research report on Wednesday, August 2nd. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Apollo Commercial Real Estate Finance presently has a consensus rating of “Hold” and a consensus price target of $11.10.
Read Our Latest Stock Report on ARI
Apollo Commercial Real Estate Finance Stock Performance
Shares of NYSE ARI opened at $10.43 on Tuesday. The firm’s 50-day moving average price is $10.83 and its 200-day moving average price is $10.38. The company has a quick ratio of 49.19, a current ratio of 49.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $1.47 billion, a PE ratio of 13.55 and a beta of 1.62. Apollo Commercial Real Estate Finance, Inc. has a 52-week low of $7.91 and a 52-week high of $12.74.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.42%. The ex-dividend date is Thursday, September 28th. Apollo Commercial Real Estate Finance’s payout ratio is 181.82%.
Apollo Commercial Real Estate Finance Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Impact Partnership Wealth LLC acquired a new position in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 51,919 shares of the real estate investment trust’s stock, valued at approximately $588,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its holdings in Apollo Commercial Real Estate Finance by 721.0% in the first quarter. Geneos Wealth Management Inc. now owns 4,310 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 3,785 shares during the last quarter. Belpointe Asset Management LLC grew its holdings in Apollo Commercial Real Estate Finance by 154.8% in the first quarter. Belpointe Asset Management LLC now owns 9,173 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 5,573 shares during the last quarter. Metropolitan Life Insurance Co NY grew its holdings in Apollo Commercial Real Estate Finance by 11.7% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 8,666 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 907 shares during the last quarter. Covestor Ltd grew its holdings in Apollo Commercial Real Estate Finance by 131.9% in the first quarter. Covestor Ltd now owns 7,213 shares of the real estate investment trust’s stock valued at $100,000 after purchasing an additional 4,102 shares during the last quarter. Finally, Point72 Middle East FZE acquired a new stake in Apollo Commercial Real Estate Finance in the fourth quarter valued at $106,000. Institutional investors and hedge funds own 53.74% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts recently commented on the company. JPMorgan Chase & Co. raised Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective on the stock in a research note on Wednesday, August 2nd. StockNews.com assumed coverage on Apollo Commercial Real Estate Finance in a research note on Thursday, August 17th. They set a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Apollo Commercial Real Estate Finance presently has an average rating of “Hold” and a consensus price target of $11.10.
Check Out Our Latest Analysis on Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance Trading Up 1.3 %
NYSE ARI traded up $0.13 during trading hours on Friday, hitting $10.38. 779,161 shares of the company’s stock were exchanged, compared to its average volume of 737,091. The business’s 50 day moving average is $10.86 and its 200-day moving average is $10.39. Apollo Commercial Real Estate Finance, Inc. has a 12-month low of $7.91 and a 12-month high of $12.74. The firm has a market capitalization of $1.47 billion, a P/E ratio of 13.48 and a beta of 1.62. The company has a debt-to-equity ratio of 0.65, a quick ratio of 49.19 and a current ratio of 49.19.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 29th will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.40 annualized dividend and a yield of 13.49%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently 181.82%.
Insider Buying and Selling
In related news, CEO Stuart Rothstein sold 40,000 shares of the stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at $6,263,038.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $10.60, for a total value of $106,000.00. Following the completion of the transaction, the director now owns 66,485 shares in the company, valued at $704,741. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.
About Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Further Reading
Want to see what other hedge funds are holding ARI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Get Free Report) Director Mark C. Biderman sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $10.60, for a total value of $106,000.00. Following the completion of the sale, the director now directly owns 66,485 shares of the company’s stock, valued at approximately $704,741. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Apollo Commercial Real Estate Finance Stock Performance
ARI traded up $0.10 on Friday, reaching $10.69. 461,382 shares of the stock were exchanged, compared to its average volume of 1,086,514. The company’s 50-day moving average price is $11.01 and its 200 day moving average price is $10.45. Apollo Commercial Real Estate Finance, Inc. has a fifty-two week low of $7.91 and a fifty-two week high of $12.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 49.19 and a quick ratio of 49.19. The firm has a market capitalization of $1.51 billion, a PE ratio of 13.86 and a beta of 1.62.
Apollo Commercial Real Estate Finance Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, June 29th. This represents a $1.40 dividend on an annualized basis and a yield of 13.10%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently 181.82%.
Analyst Ratings Changes
A number of analysts have recently weighed in on ARI shares. JPMorgan Chase & Co. raised Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective for the company in a research report on Wednesday, August 2nd. StockNews.com started coverage on Apollo Commercial Real Estate Finance in a research report on Thursday, August 17th. They issued a “hold” rating for the company. Six research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.10.
Read Our Latest Report on Apollo Commercial Real Estate Finance
Institutional Trading of Apollo Commercial Real Estate Finance
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC acquired a new stake in Apollo Commercial Real Estate Finance during the 1st quarter worth about $5,537,625,000,000. Nisa Investment Advisors LLC raised its stake in shares of Apollo Commercial Real Estate Finance by 2.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 62,601 shares of the real estate investment trust’s stock valued at $583,000 after buying an additional 1,510 shares during the last quarter. Virtu Financial LLC raised its stake in shares of Apollo Commercial Real Estate Finance by 154.7% during the 1st quarter. Virtu Financial LLC now owns 32,117 shares of the real estate investment trust’s stock valued at $299,000 after buying an additional 19,506 shares during the last quarter. Conversant Capital LLC purchased a new position in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at about $5,380,000. Finally, Swiss National Bank raised its stake in shares of Apollo Commercial Real Estate Finance by 1.8% during the 4th quarter. Swiss National Bank now owns 322,439 shares of the real estate investment trust’s stock valued at $3,469,000 after buying an additional 5,700 shares during the last quarter. Institutional investors and hedge funds own 53.74% of the company’s stock.
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Swiss National Bank decreased its stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 10.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 288,339 shares of the real estate investment trust’s stock after selling 34,100 shares during the period. Swiss National Bank owned 0.20% of Apollo Commercial Real Estate Finance worth $2,684,000 as of its most recent filing with the SEC.
A number of other hedge funds have also made changes to their positions in ARI. Mackenzie Financial Corp grew its holdings in Apollo Commercial Real Estate Finance by 6.1% in the 1st quarter. Mackenzie Financial Corp now owns 15,016 shares of the real estate investment trust’s stock valued at $209,000 after buying an additional 857 shares during the last quarter. Captrust Financial Advisors grew its holdings in Apollo Commercial Real Estate Finance by 6.0% in the 3rd quarter. Captrust Financial Advisors now owns 15,230 shares of the real estate investment trust’s stock valued at $126,000 after buying an additional 861 shares during the last quarter. Metropolitan Life Insurance Co NY grew its holdings in Apollo Commercial Real Estate Finance by 11.7% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 8,666 shares of the real estate investment trust’s stock valued at $93,000 after buying an additional 907 shares during the last quarter. NFJ Investment Group LLC grew its holdings in Apollo Commercial Real Estate Finance by 0.3% in the 4th quarter. NFJ Investment Group LLC now owns 314,951 shares of the real estate investment trust’s stock valued at $3,389,000 after buying an additional 1,049 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in Apollo Commercial Real Estate Finance by 3.8% in the 4th quarter. Arizona State Retirement System now owns 37,689 shares of the real estate investment trust’s stock valued at $406,000 after buying an additional 1,394 shares during the last quarter. Institutional investors and hedge funds own 53.74% of the company’s stock.
Apollo Commercial Real Estate Finance Price Performance
Shares of ARI stock opened at $10.93 on Tuesday. The stock has a 50 day moving average of $11.05 and a two-hundred day moving average of $10.46. The company has a current ratio of 49.19, a quick ratio of 49.19 and a debt-to-equity ratio of 0.65. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $7.91 and a 12 month high of $12.74. The company has a market capitalization of $1.54 billion, a P/E ratio of 14.19 and a beta of 1.62.
Apollo Commercial Real Estate Finance Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were given a $0.35 dividend. The ex-dividend date was Thursday, June 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 12.81%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently 181.82%.
Analyst Ratings Changes
A number of analysts have issued reports on ARI shares. StockNews.com started coverage on Apollo Commercial Real Estate Finance in a report on Thursday, August 17th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. raised Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 target price on the stock in a report on Wednesday, August 2nd. Six analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.10.
Read Our Latest Stock Analysis on ARI
Insiders Place Their Bets
In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the completion of the sale, the chief executive officer now owns 530,766 shares in the company, valued at approximately $6,263,038.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.61% of the company’s stock.
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat’s analysts have just released their top five short plays for September 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,541 shares of the real estate investment trust’s stock, valued at approximately $117,000.
A number of other large investors have also added to or reduced their stakes in ARI. Mackenzie Financial Corp grew its stake in Apollo Commercial Real Estate Finance by 6.1% during the first quarter. Mackenzie Financial Corp now owns 15,016 shares of the real estate investment trust’s stock valued at $209,000 after acquiring an additional 857 shares in the last quarter. Captrust Financial Advisors grew its stake in Apollo Commercial Real Estate Finance by 6.0% in the 3rd quarter. Captrust Financial Advisors now owns 15,230 shares of the real estate investment trust’s stock worth $126,000 after acquiring an additional 861 shares in the last quarter. Metropolitan Life Insurance Co NY increased its position in shares of Apollo Commercial Real Estate Finance by 11.7% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 8,666 shares of the real estate investment trust’s stock worth $93,000 after acquiring an additional 907 shares during the period. NFJ Investment Group LLC boosted its holdings in shares of Apollo Commercial Real Estate Finance by 0.3% in the fourth quarter. NFJ Investment Group LLC now owns 314,951 shares of the real estate investment trust’s stock valued at $3,389,000 after purchasing an additional 1,049 shares during the period. Finally, Arizona State Retirement System grew its stake in Apollo Commercial Real Estate Finance by 3.8% in the fourth quarter. Arizona State Retirement System now owns 37,689 shares of the real estate investment trust’s stock worth $406,000 after purchasing an additional 1,394 shares in the last quarter. Institutional investors own 53.74% of the company’s stock.
Insider Activity at Apollo Commercial Real Estate Finance
In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $11.80, for a total transaction of $472,000.00. Following the sale, the chief executive officer now owns 530,766 shares of the company’s stock, valued at approximately $6,263,038.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.
Apollo Commercial Real Estate Finance Stock Performance
Shares of ARI stock opened at $10.93 on Monday. Apollo Commercial Real Estate Finance, Inc. has a 12-month low of $7.91 and a 12-month high of $12.74. The business’s fifty day simple moving average is $11.06 and its 200-day simple moving average is $10.47. The company has a current ratio of 49.19, a quick ratio of 49.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $1.54 billion, a PE ratio of 14.19 and a beta of 1.61.
Apollo Commercial Real Estate Finance Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, June 29th. This represents a $1.40 annualized dividend and a dividend yield of 12.81%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is currently 181.82%.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective for the company in a research note on Wednesday, August 2nd. StockNews.com started coverage on shares of Apollo Commercial Real Estate Finance in a report on Thursday, August 17th. They set a “hold” rating on the stock. Six equities research analysts have rated the stock with a hold rating, According to MarketBeat, Apollo Commercial Real Estate Finance currently has an average rating of “Hold” and a consensus price target of $11.10.
Check Out Our Latest Analysis on ARI
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Click the link below and we’ll send you MarketBeat’s list of seven stocks and why their long-term outlooks are very promising.
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Get Free Report) has been assigned an average rating of “Hold” from the five research firms that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $11.10.
A number of equities analysts recently weighed in on ARI shares. JPMorgan Chase & Co. raised shares of Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 target price for the company in a research note on Wednesday, August 2nd. StockNews.com initiated coverage on Apollo Commercial Real Estate Finance in a research report on Thursday, August 17th. They issued a “hold” rating for the company.
View Our Latest Analysis on Apollo Commercial Real Estate Finance
Insider Transactions at Apollo Commercial Real Estate Finance
In related news, CEO Stuart Rothstein sold 40,000 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the completion of the sale, the chief executive officer now directly owns 530,766 shares of the company’s stock, valued at approximately $6,263,038.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company’s stock.
Institutional Trading of Apollo Commercial Real Estate Finance
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. US Bancorp DE grew its holdings in shares of Apollo Commercial Real Estate Finance by 84.8% during the second quarter. US Bancorp DE now owns 2,230 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,023 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Apollo Commercial Real Estate Finance by 801.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 2,984 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 2,653 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new position in Apollo Commercial Real Estate Finance during the 2nd quarter valued at about $38,000. Belpointe Asset Management LLC bought a new stake in Apollo Commercial Real Estate Finance during the 4th quarter worth approximately $39,000. Finally, Signaturefd LLC raised its stake in shares of Apollo Commercial Real Estate Finance by 56.2% in the second quarter. Signaturefd LLC now owns 4,096 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 1,474 shares during the last quarter. Institutional investors own 55.66% of the company’s stock.
Apollo Commercial Real Estate Finance Stock Up 0.7 %
Apollo Commercial Real Estate Finance stock opened at $10.38 on Monday. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 13.48 and a beta of 1.61. Apollo Commercial Real Estate Finance has a 52-week low of $7.91 and a 52-week high of $12.77. The company has a debt-to-equity ratio of 0.65, a quick ratio of 49.19 and a current ratio of 49.19. The firm has a 50 day moving average price of $11.08 and a two-hundred day moving average price of $10.50.
Apollo Commercial Real Estate Finance Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a dividend of $0.35 per share. The ex-dividend date was Thursday, June 29th. This represents a $1.40 annualized dividend and a dividend yield of 13.49%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently 181.82%.
Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Truist Financial Corp lifted its holdings in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 526.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,896 shares of the real estate investment trust’s stock after purchasing an additional 60,428 shares during the period. Truist Financial Corp owned about 0.05% of Apollo Commercial Real Estate Finance worth $669,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fox Run Management L.L.C. bought a new position in Apollo Commercial Real Estate Finance during the fourth quarter valued at $174,000. Arete Wealth Advisors LLC bought a new position in shares of Apollo Commercial Real Estate Finance during the 1st quarter worth $5,537,625,000,000. Nisa Investment Advisors LLC grew its stake in shares of Apollo Commercial Real Estate Finance by 2.5% during the 1st quarter. Nisa Investment Advisors LLC now owns 62,601 shares of the real estate investment trust’s stock worth $583,000 after acquiring an additional 1,510 shares during the period. Virtu Financial LLC increased its holdings in Apollo Commercial Real Estate Finance by 154.7% in the 1st quarter. Virtu Financial LLC now owns 32,117 shares of the real estate investment trust’s stock worth $299,000 after acquiring an additional 19,506 shares during the last quarter. Finally, Conversant Capital LLC bought a new stake in Apollo Commercial Real Estate Finance in the 4th quarter valued at about $5,380,000. 55.66% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on ARI shares. StockNews.com started coverage on shares of Apollo Commercial Real Estate Finance in a research note on Thursday, August 17th. They issued a “hold” rating for the company. JPMorgan Chase & Co. upgraded Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price target for the company in a research report on Wednesday, August 2nd. Six analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.10.
Read Our Latest Report on Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance Stock Performance
NYSE ARI opened at $10.35 on Thursday. The company’s 50 day simple moving average is $11.12 and its two-hundred day simple moving average is $10.54. The company has a debt-to-equity ratio of 0.65, a current ratio of 49.19 and a quick ratio of 49.19. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $7.91 and a 1 year high of $12.78. The stock has a market capitalization of $1.46 billion, a PE ratio of 13.44 and a beta of 1.61.
Apollo Commercial Real Estate Finance Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were given a $0.35 dividend. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 13.53%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently 181.82%.
Insider Activity at Apollo Commercial Real Estate Finance
In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 40,000 shares of the company’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $11.80, for a total value of $472,000.00. Following the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is owned by corporate insiders.
About Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Read More
Want to see what other hedge funds are holding ARI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
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Y Intercept Hong Kong Ltd lessened its stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 56.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,510 shares of the real estate investment trust’s stock after selling 21,711 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Apollo Commercial Real Estate Finance were worth $154,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Apollo Commercial Real Estate Finance by 1.0% in the third quarter. Vanguard Group Inc. now owns 15,281,156 shares of the real estate investment trust’s stock valued at $126,833,000 after purchasing an additional 158,216 shares during the period. State Street Corp boosted its stake in shares of Apollo Commercial Real Estate Finance by 2.4% in the second quarter. State Street Corp now owns 5,263,454 shares of the real estate investment trust’s stock valued at $56,764,000 after purchasing an additional 122,504 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Apollo Commercial Real Estate Finance by 0.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,014,351 shares of the real estate investment trust’s stock valued at $28,064,000 after purchasing an additional 14,741 shares during the period. Invesco Ltd. boosted its stake in shares of Apollo Commercial Real Estate Finance by 24.6% in the first quarter. Invesco Ltd. now owns 2,715,545 shares of the real estate investment trust’s stock valued at $37,827,000 after purchasing an additional 536,101 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Apollo Commercial Real Estate Finance by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 2,479,778 shares of the real estate investment trust’s stock valued at $26,682,000 after purchasing an additional 78,221 shares during the period. Hedge funds and other institutional investors own 55.66% of the company’s stock.
Apollo Commercial Real Estate Finance Stock Down 0.7 %
ARI stock opened at $10.05 on Tuesday. The company has a current ratio of 49.19, a quick ratio of 49.19 and a debt-to-equity ratio of 0.65. Apollo Commercial Real Estate Finance, Inc. has a twelve month low of $7.91 and a twelve month high of $12.78. The company’s 50 day moving average is $11.16 and its two-hundred day moving average is $10.56. The stock has a market cap of $1.42 billion, a P/E ratio of 13.05 and a beta of 1.61.
Apollo Commercial Real Estate Finance Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, June 29th. This represents a $1.40 dividend on an annualized basis and a yield of 13.93%. Apollo Commercial Real Estate Finance’s payout ratio is currently 181.82%.
Insiders Place Their Bets
In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $11.80, for a total transaction of $472,000.00. Following the sale, the chief executive officer now owns 530,766 shares of the company’s stock, valued at $6,263,038.80. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several research analysts have recently commented on ARI shares. JPMorgan Chase & Co. raised shares of Apollo Commercial Real Estate Finance from an “underweight” rating to a “neutral” rating and set a $10.50 price objective for the company in a research note on Wednesday, August 2nd. StockNews.com assumed coverage on shares of Apollo Commercial Real Estate Finance in a research note on Thursday, August 17th. They issued a “hold” rating for the company. Finally, BTIG Research reiterated a “neutral” rating on shares of Apollo Commercial Real Estate Finance in a research note on Tuesday, April 25th. Six investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Apollo Commercial Real Estate Finance presently has an average rating of “Hold” and an average target price of $11.10.
Read Our Latest Research Report on Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance Profile
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
See Also
Want to see what other hedge funds are holding ARI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
Which stocks are likely to thrive in today’s challenging market? Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment.
Apollo Commercial Real Estate Finance (NYSE:ARI – Get Free Report) will announce its earnings results after the market closes on Monday, July 31st. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Apollo Commercial Real Estate Finance Stock Performance
Shares of ARI opened at $11.53 on Monday. The company’s fifty day moving average is $10.94 and its 200-day moving average is $10.68. Apollo Commercial Real Estate Finance has a 12 month low of $7.91 and a 12 month high of $13.10. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 6.30 and a beta of 1.61. The company has a quick ratio of 42.44, a current ratio of 42.44 and a debt-to-equity ratio of 0.63.
Apollo Commercial Real Estate Finance Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 12.14%. The ex-dividend date was Thursday, June 29th. Apollo Commercial Real Estate Finance’s dividend payout ratio is presently 76.50%.
Insider Buying and Selling
In related news, CEO Stuart Rothstein sold 40,000 shares of the stock in a transaction that occurred on Monday, July 17th. The stock was sold at an average price of $11.80, for a total transaction of $472,000.00. Following the sale, the chief executive officer now directly owns 530,766 shares in the company, valued at approximately $6,263,038.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Apollo Commercial Real Estate Finance news, Director Robert A. Kasdin bought 25,000 shares of Apollo Commercial Real Estate Finance stock in a transaction dated Monday, May 8th. The shares were bought at an average price of $9.54 per share, with a total value of $238,500.00. Following the purchase, the director now owns 85,739 shares of the company’s stock, valued at $817,950.06. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $11.80, for a total transaction of $472,000.00. Following the completion of the transaction, the chief executive officer now directly owns 530,766 shares in the company, valued at $6,263,038.80. The disclosure for this sale can be found here. 0.61% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. MAS Advisors LLC increased its holdings in Apollo Commercial Real Estate Finance by 17.1% during the 1st quarter. MAS Advisors LLC now owns 110,840 shares of the real estate investment trust’s stock worth $1,535,000 after purchasing an additional 16,168 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Apollo Commercial Real Estate Finance by 1.0% in the first quarter. Bank of New York Mellon Corp now owns 1,378,310 shares of the real estate investment trust’s stock valued at $19,200,000 after purchasing an additional 13,735 shares during the last quarter. Natixis Advisors L.P. grew its position in Apollo Commercial Real Estate Finance by 28.0% in the first quarter. Natixis Advisors L.P. now owns 22,392 shares of the real estate investment trust’s stock valued at $312,000 after purchasing an additional 4,899 shares in the last quarter. MetLife Investment Management LLC grew its position in Apollo Commercial Real Estate Finance by 57.3% in the first quarter. MetLife Investment Management LLC now owns 73,379 shares of the real estate investment trust’s stock valued at $1,022,000 after purchasing an additional 26,742 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Apollo Commercial Real Estate Finance by 14.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 113,890 shares of the real estate investment trust’s stock valued at $1,586,000 after purchasing an additional 14,502 shares in the last quarter. Institutional investors and hedge funds own 55.66% of the company’s stock.
Analysts Set New Price Targets
ARI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price objective on Apollo Commercial Real Estate Finance from $11.00 to $9.00 in a research note on Monday, April 24th. StockNews.com began coverage on shares of Apollo Commercial Real Estate Finance in a research note on Thursday, May 18th. They set a “hold” rating for the company. BTIG Research reissued a “neutral” rating on shares of Apollo Commercial Real Estate Finance in a report on Tuesday, April 25th. Finally, Keefe, Bruyette & Woods dropped their target price on Apollo Commercial Real Estate Finance from $11.50 to $10.00 and set a “market perform” rating for the company in a report on Thursday, April 13th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat.com, Apollo Commercial Real Estate Finance has a consensus rating of “Hold” and an average target price of $10.80.
About Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Reduce” rating among analysts, top-rated analysts believe these five stocks are better buys.
Which stocks are major institutional investors including hedge funds and endowments buying in today’s market? Click the link below and we’ll send you MarketBeat’s list of thirteen stocks that institutional investors are buying up as quickly as they can.