2 weeks Ago By Defense World Staff
Xponance Inc. purchased a new stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The fund purchased 10,028 shares of the real estate investment trust’s stock, valued at approximately $87,000. Several other institutional investors and hedge funds have also bought and sold shares of ARI. Smartleaf Asset Management LLC raised its position in shares of Apollo Commercial Real Estate Finance by 327.
1% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 2,332 shares in the last quarter. SG Americas Securities LLC acquired a new position in Apollo Commercial Real Estate Finance during the fourth quarter valued at approximately $93,000.
CIBC Asset Management Inc bought a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth $112,000. Cibc World Markets Corp acquired a new stake in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at $112,000. Finally, EMC Capital Management increased its stake in shares of Apollo Commercial Real Estate Finance by 272.
1% in the 4th quarter. EMC Capital Management now owns 14,089 shares of the real estate investment trust’s stock valued at $122,000 after purchasing an additional 10,303 shares during the last quarter. Institutional investors own 54.
43% of the company’s stock. Insider Buying and SellingIn other Apollo Commercial Real Estate Finance news, Director Carmencita N.M.
Whonder sold 11,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now owns 9,624 shares in the company, valued at approximately $95,855.04.
This trade represents a 53.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 transaction of $520,219.
26. Following the completion of the sale, the chief executive officer now directly owns 385,928 shares in the company, valued at approximately $3,855,420.72.
This represents 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 corporate insiders. Apollo Commercial Real Estate Finance Price PerformanceApollo Commercial Real Estate Finance stock opened at $9.
66 on Friday. The stock has a 50-day moving average price of $9.64 and a two-hundred day moving average price of $9.
27. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $8.
44 and a 12 month high of $11.20. The company has a market capitalization of $1.
34 billion, a PE ratio of -10.16 and a beta of 1.74.
The company has a current ratio of 51.19, a quick 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 earnings results 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 negative net margin of 39.40% and a positive return on equity of 9.37%.
Analysts expect that Apollo Commercial Real Estate Finance, Inc. will post 0.63 EPS for the current year.
Apollo Commercial Real Estate Finance Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.25 dividend.
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.
36%. Apollo Commercial Real Estate Finance’s payout ratio is -105.26%.
Analyst Ratings ChangesARI has been the subject of several recent analyst reports. Keefe, Bruyette & Woods dropped their price objective on Apollo Commercial Real Estate Finance from $9.00 to $8.
75 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. UBS Group raised their price target on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.
00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Finally, StockNews.com upgraded shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th.
Five investment analysts have rated the stock with a hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $9.08.Check Out Our Latest Analysis on Apollo Commercial Real Estate FinanceAbout Apollo Commercial Real Estate Finance (Free Report)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.
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