New Age Alpha Advisors LLC Invests $1.59 Million in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

New Age Alpha Advisors LLC bought a new position in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 183,183 shares of the real estate investment trust's stock, valued at approximately $1,586,000. New Age Alpha Advisors LLC owned 0.13% of Apollo Commercial Real Estate Finance as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Inspire Investing LLC increased its holdings in Apollo Commercial Real Estate Finance by 3.0% during the 4th quarter. Inspire Investing LLC now owns 46,143 shares of the real estate investment trust's stock worth $400,000 after purchasing an additional 1,364 shares during the period. LPL Financial LLC increased its stake in shares of Apollo Commercial Real Estate Finance by 0.8% during the fourth quarter. LPL Financial LLC now owns 278,588 shares of the real estate investment trust's stock valued at $2,413,000 after buying an additional 2,164 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Apollo Commercial Real Estate Finance by 9.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 25,746 shares of the real estate investment trust's stock valued at $223,000 after acquiring an additional 2,204 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in 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. Finally, AM Investment Strategies LLC grew its holdings in Apollo Commercial Real Estate Finance by 2.8% during the 4th quarter. AM Investment Strategies LLC now owns 111,498 shares of the real estate investment trust's stock worth $966,000 after acquiring an additional 3,081 shares in the last quarter. Institutional investors own 54.43% of the company's stock.

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Insiders Place Their Bets

In other news, Director Carmencita N.M. Whonder sold 11,000 shares of Apollo Commercial Real Estate Finance stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $9.96, for a total transaction of $109,560.00. Following the completion of the sale, the director now directly owns 9,624 shares in the company, 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 filing with the SEC, which is accessible through the SEC website. Also, CEO Stuart Rothstein sold 52,074 shares of the business's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $9.99, for a total transaction of $520,219.26. Following the sale, the chief executive officer now directly owns 385,928 shares in the company, valued at $3,855,420.72. This trade represents a 11.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ARI shares. 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. UBS Group boosted their price objective 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. Finally, 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 on the stock in a research report on Tuesday, January 14th. Five analysts have rated the stock with a hold rating, According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $9.08.

Apollo Commercial Real Estate Finance Stock Down 2.0 %

Shares of Apollo Commercial Real Estate Finance stock traded down $0.19 on Thursday, reaching $9.29. The stock had a trading volume of 535,025 shares, compared to its average volume of 990,164. The company has a quick ratio of 51.19, a current ratio of 51.19 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $1.29 billion, a P/E ratio of -9.78 and a beta of 1.74. The company has a 50 day moving average price of $9.67 and a 200 day moving average price of $9.26. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $8.44 and a 1 year high of $11.20.

Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts forecast 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 declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders 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 10.76%. 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%.

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.