Vanguard Group Inc. Grows Holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Vanguard Group Inc. raised its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,236,601 shares of the real estate investment trust's stock after acquiring an additional 135,785 shares during the period. Vanguard Group Inc. owned about 11.03% of Apollo Commercial Real Estate Finance worth $131,949,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC grew its holdings in shares of Apollo Commercial Real Estate Finance by 139.4% during the 3rd quarter. Jane Street Group LLC now owns 302,388 shares of the real estate investment trust's stock valued at $2,779,000 after purchasing an additional 176,101 shares during the last quarter. Barclays PLC grew its stake in shares of Apollo Commercial Real Estate Finance by 65.9% during the third quarter. Barclays PLC now owns 329,462 shares of the real estate investment trust's stock worth $3,028,000 after buying an additional 130,892 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of Apollo Commercial Real Estate Finance by 168.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 73,992 shares of the real estate investment trust's stock worth $641,000 after buying an additional 46,458 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at $578,000. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Apollo Commercial Real Estate Finance by 18.0% during the 4th quarter. Advisors Asset Management Inc. now owns 552,586 shares of the real estate investment trust's stock valued at $4,785,000 after acquiring an additional 84,251 shares in the last quarter. Institutional investors and hedge funds own 54.43% of the company's stock.

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Apollo Commercial Real Estate Finance Trading Down 1.4 %

ARI traded down $0.12 during midday trading on Friday, hitting $8.10. 1,627,452 shares of the company were exchanged, compared to its average volume of 1,077,521. The firm's 50 day moving average price is $9.58 and its 200-day moving average price is $9.19. Apollo Commercial Real Estate Finance, Inc. has a 1-year low of $7.70 and a 1-year high of $11.20. The firm has a market capitalization of $1.12 billion, a P/E ratio of -8.52 and a beta of 1.41. 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, 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%. As a group, equities analysts forecast that Apollo Commercial Real Estate Finance, Inc. will post 0.63 EPS for the current fiscal year.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 12.35%. The ex-dividend date is Monday, March 31st. Apollo Commercial Real Estate Finance's dividend payout ratio (DPR) is presently -105.26%.

Insider Buying and Selling

In related news, 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 transaction, the chief executive officer now owns 385,928 shares in the company, valued at $3,855,420.72. The trade was a 11.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Carmencita N.M. Whonder sold 11,000 shares of the firm's 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 completion of the sale, the director now owns 9,624 shares of the company's stock, valued at $95,855.04. The trade was a 53.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ARI has been the subject of several research reports. UBS Group increased their target price on 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. StockNews.com raised Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a research note on Saturday, February 15th. Finally, Keefe, Bruyette & Woods upgraded shares of Apollo Commercial Real Estate Finance from a "market perform" rating to an "outperform" rating and set a $10.00 target price on the stock in a research report on Monday, April 7th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Apollo Commercial Real Estate Finance presently has an average rating of "Hold" and an average target price of $9.50.

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.