Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC raised its position 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 (SEC). The institutional investor owned 95,975 shares of the real estate investment trust's stock after acquiring an additional 55,393 shares during the period. Intech Investment Management LLC owned approximately 0.07% of Apollo Commercial Real Estate Finance worth $831,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its stake 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 valued at $27,000 after purchasing an additional 2,332 shares in the last quarter. KBC Group NV raised its position in shares of Apollo Commercial Real Estate Finance by 57.7% during the 3rd quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust's stock valued at $64,000 after buying an additional 2,562 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at about $93,000. CIBC Asset Management Inc purchased a new position in Apollo Commercial Real Estate Finance in the fourth quarter worth about $112,000. Finally, Cibc World Markets Corp purchased a new stake in Apollo Commercial Real Estate Finance during the fourth quarter valued at approximately $112,000. 54.43% of the stock is currently owned by institutional investors.

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Apollo Commercial Real Estate Finance Trading Up 0.5 %

ARI stock traded up $0.05 during midday trading on Thursday, reaching $9.84. The company's stock had a trading volume of 796,159 shares, compared to its average volume of 1,004,095. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $8.44 and a 1 year high of $11.20. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of -10.36 and a beta of 1.74. The stock has a fifty day simple moving average of $9.61 and a two-hundred day simple moving average of $9.27. The company has a debt-to-equity ratio of 0.67, a quick ratio of 51.19 and a current ratio of 51.19.

Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, topping 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%. On average, equities research analysts predict that Apollo Commercial Real Estate Finance, Inc. will post 0.63 EPS for the current year.

Apollo Commercial Real Estate Finance Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 10.16%. The ex-dividend date of this dividend is Monday, March 31st. Apollo Commercial Real Estate Finance's dividend payout ratio (DPR) is presently -105.26%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on ARI shares. Keefe, Bruyette & Woods dropped their target price on 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. UBS Group boosted their price objective on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Finally, StockNews.com raised shares of Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a research note on Saturday, February 15th. Five 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 $9.08.

Insiders Place Their Bets

In other Apollo Commercial Real Estate Finance news, Director Carmencita N.M. Whonder sold 11,000 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $9.96, for a total transaction of $109,560.00. Following the sale, the director now owns 9,624 shares of the company's stock, valued at approximately $95,855.04. This trade represents a 53.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stuart Rothstein sold 52,074 shares of the business's stock in a transaction on Monday, March 17th. The stock was 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 directly owns 385,928 shares of the company's stock, valued at approximately $3,855,420.72. The trade was a 11.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

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.