Inceptionr LLC lifted its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI – Free Report) by 114.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,018 shares of the real estate investment trust’s stock after purchasing an additional 12,269 shares during the quarter. Inceptionr LLC’s holdings in Apollo Commercial Real Estate Finance were worth $199,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its position in shares of Apollo Commercial Real Estate Finance by 139.4% in 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 period. Barclays PLC raised its stake in shares of Apollo Commercial Real Estate Finance by 65.9% during the 3rd quarter. Barclays PLC now owns 329,462 shares of the real estate investment trust’s stock worth $3,028,000 after purchasing an additional 130,892 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Apollo Commercial Real Estate Finance by 72.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 468,335 shares of the real estate investment trust’s stock worth $4,304,000 after purchasing an additional 196,122 shares in the last quarter. Atria Wealth Solutions Inc. raised its stake in shares of Apollo Commercial Real Estate Finance by 168.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 73,992 shares of the real estate investment trust’s stock worth $641,000 after purchasing an additional 46,458 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter worth approximately $93,000. 54.43% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
ARI has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods dropped their price target on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. StockNews.com upgraded Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Finally, UBS Group increased their price target on 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. Five equities research analysts have rated the stock with a hold rating, According to MarketBeat, Apollo Commercial Real Estate Finance currently has an average rating of “Hold” and a consensus 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 transaction, the director now owns 9,624 shares in the company, valued at $95,855.04. This trade represents a 53.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.68% of the company’s stock.
Apollo Commercial Real Estate Finance Stock Down 0.6 %
ARI stock opened at $9.96 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 51.19 and a quick ratio of 51.19. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of -10.48 and a beta of 1.74. The business’s fifty day moving average price is $9.35 and its two-hundred day moving average price is $9.31. Apollo Commercial Real Estate Finance, Inc. has a fifty-two week low of $8.44 and a fifty-two week high of $11.64.
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 earnings per share 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 analysts anticipate that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current year.
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.
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