Atria Wealth Solutions Inc. Grows Stock Holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Atria Wealth Solutions Inc. boosted its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) by 168.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 73,992 shares of the real estate investment trust's stock after acquiring an additional 46,458 shares during the quarter. Atria Wealth Solutions Inc. owned 0.05% of Apollo Commercial Real Estate Finance worth $641,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its position in shares of Apollo Commercial Real Estate Finance by 12.1% in the fourth quarter. Van ECK Associates Corp now owns 1,063,511 shares of the real estate investment trust's stock valued at $9,210,000 after purchasing an additional 115,109 shares during the period. Principal Financial Group Inc. boosted its holdings in Apollo Commercial Real Estate Finance by 2.7% in the 4th quarter. Principal Financial Group Inc. now owns 617,114 shares of the real estate investment trust's stock worth $5,344,000 after buying an additional 16,040 shares during the last quarter. Hotchkis & Wiley Capital Management LLC increased its stake in Apollo Commercial Real Estate Finance by 1.1% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 578,210 shares of the real estate investment trust's stock worth $5,314,000 after buying an additional 6,200 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Apollo Commercial Real Estate Finance by 72.0% during the third quarter. Advisors Asset Management Inc. now owns 468,335 shares of the real estate investment trust's stock valued at $4,304,000 after acquiring an additional 196,122 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Apollo Commercial Real Estate Finance by 4.1% in the fourth quarter. Rhumbline Advisers now owns 426,873 shares of the real estate investment trust's stock valued at $3,697,000 after acquiring an additional 16,908 shares in the last quarter. Hedge funds and other institutional investors own 54.43% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages recently commented on ARI. StockNews.com upgraded Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a research report on Saturday, February 15th. Keefe, Bruyette & Woods dropped their target price on shares of Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a "market perform" rating for the company in a report on Tuesday, January 14th. Finally, UBS Group raised their price target on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat, Apollo Commercial Real Estate Finance has an average rating of "Hold" and a consensus target price of $9.44.

Apollo Commercial Real Estate Finance Trading Up 0.7 %

NYSE ARI traded up $0.07 on Friday, reaching $10.14. 957,099 shares of the company were exchanged, compared to its average volume of 935,208. The company has a current ratio of 51.19, a quick ratio of 51.19 and a debt-to-equity ratio of 0.67. The business's fifty day moving average price is $9.23 and its 200 day moving average price is $9.32. The stock has a market capitalization of $1.41 billion, a P/E ratio of -10.67 and a beta of 1.74. Apollo Commercial Real Estate Finance, Inc. has a fifty-two week low of $8.44 and a fifty-two week high of $11.64.

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

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 9.86%. Apollo Commercial Real Estate Finance's dividend payout ratio (DPR) is -105.26%.

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, the United Kingdom, and Europe.