Intech Investment Management LLC Buys 55,393 Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Intech Investment Management LLC boosted its stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) by 136.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,975 shares of the real estate investment trust's stock after buying an additional 55,393 shares during the quarter. Intech Investment Management LLC owned approximately 0.07% of Apollo Commercial Real Estate Finance worth $831,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Smartleaf Asset Management LLC lifted its stake in shares of Apollo Commercial Real Estate Finance by 327.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 2,332 shares during the period. KBC Group NV lifted its position in shares of 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 purchasing an additional 2,562 shares during the period. SG Americas Securities LLC bought a new stake in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at $93,000. CIBC Asset Management Inc bought a new stake in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at $112,000. Finally, Cibc World Markets Corp acquired a new stake in shares of Apollo Commercial Real Estate Finance during the fourth quarter worth $112,000. Institutional investors own 54.43% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on ARI. UBS Group boosted their target price on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Keefe, Bruyette & Woods cut 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. Finally, StockNews.com upgraded Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a report on Saturday, February 15th. Five research 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 price target of $9.08.

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Apollo Commercial Real Estate Finance Stock Down 0.5 %

ARI traded down $0.05 during midday trading on Tuesday, hitting $9.82. The company had a trading volume of 418,865 shares, compared to its average volume of 1,004,988. The stock's 50 day moving average price is $9.57 and its 200 day moving average price is $9.27. Apollo Commercial Real Estate Finance, Inc. has a 52 week low of $8.44 and a 52 week high of $11.55. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of -10.33 and a beta of 1.74. 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 results on Monday, February 10th. The real estate investment trust reported $0.30 earnings per share for the quarter, topping analysts' consensus estimates 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%. On average, research analysts anticipate that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current fiscal year.

Apollo Commercial Real Estate Finance Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 10.19%. Apollo Commercial Real Estate Finance's dividend payout ratio (DPR) is currently -105.26%.

Insider Transactions at Apollo Commercial Real Estate Finance

In other Apollo Commercial Real Estate Finance news, Director Carmencita N.M. Whonder sold 11,000 shares of the business's stock in a transaction 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 of the company's stock, valued at approximately $95,855.04. The trade was a 53.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Stuart Rothstein sold 52,074 shares of the company's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $9.99, for a total value of $520,219.26. Following the completion of the transaction, the chief executive officer now owns 385,928 shares of the company's stock, valued at $3,855,420.72. This trade represents a 11.89 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company's stock.

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, the United Kingdom, and Europe.