Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Director Sells 11,000 Shares

Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Get Free Report) Director Carmencita N.M. Whonder sold 11,000 shares of Apollo Commercial Real Estate Finance stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $9.96, for a total value of $109,560.00. Following the transaction, the director now owns 9,624 shares in the company, valued at approximately $95,855.04. The trade was a 53.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Apollo Commercial Real Estate Finance Stock Performance

ARI traded down $0.07 during trading on Monday, hitting $9.96. 1,104,776 shares of the stock were exchanged, compared to its average volume of 973,884. The stock has a fifty day moving average price of $9.32 and a two-hundred day moving average price of $9.31. The firm has a market capitalization of $1.38 billion, a P/E ratio of -10.48 and a beta of 1.74. Apollo Commercial Real Estate Finance, Inc. has a 1-year low of $8.44 and a 1-year high of $11.64. The company has a quick ratio of 51.19, a current ratio of 51.19 and a debt-to-equity ratio of 0.67.

Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a positive return on equity of 9.37% and a negative net margin of 39.40%. As a group, sell-side analysts predict that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current year.

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Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 10.05%. Apollo Commercial Real Estate Finance's payout ratio is currently -105.26%.

Analyst Ratings Changes

A number of equities research analysts have commented on ARI shares. Keefe, Bruyette & Woods reduced their target price on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a "market perform" rating on the stock in a research report on Tuesday, January 14th. UBS Group increased their price objective on Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Finally, StockNews.com upgraded shares of Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a report on Saturday, February 15th. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, Apollo Commercial Real Estate Finance currently has a consensus rating of "Hold" and a consensus price target of $9.08.

Institutional Trading of Apollo Commercial Real Estate Finance

Institutional investors have recently modified their holdings of the business. Smartleaf Asset Management LLC boosted its holdings in Apollo Commercial Real Estate Finance by 327.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust's stock worth $27,000 after buying an additional 2,332 shares in the last quarter. Sterling Capital Management LLC increased its position in Apollo Commercial Real Estate Finance by 783.8% during the 4th quarter. Sterling Capital Management LLC now owns 4,366 shares of the real estate investment trust's stock worth $38,000 after purchasing an additional 3,872 shares in the last quarter. CF Capital LLC purchased a new stake in Apollo Commercial Real Estate Finance in the 4th quarter worth approximately $52,000. KBC Group NV boosted its stake in Apollo Commercial Real Estate Finance by 57.7% in the 3rd quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust's stock worth $64,000 after buying an additional 2,562 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at about $67,000. 54.43% of the stock is currently owned by hedge funds and other institutional investors.

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, the United Kingdom, and Europe.