UBS Group AG Raises Position in Apollo Commercial Real Estate Finance (ARI)

UBS Group AG increased its position in Apollo Commercial Real Estate Finance (NYSE:ARI) by 3.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,778,762 shares of the real estate investment trust’s stock after buying an additional 63,000 shares during the period. UBS Group AG’s holdings in Apollo Commercial Real Estate Finance were worth $33,459,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new stake in shares of Apollo Commercial Real Estate Finance during the fourth quarter worth $1,787,000. Wesbanco Bank Inc. bought a new stake in shares of Apollo Commercial Real Estate Finance during the fourth quarter worth $172,000. Van ECK Associates Corp boosted its stake in shares of Apollo Commercial Real Estate Finance by 32.6% in the fourth quarter. Van ECK Associates Corp now owns 279,461 shares of the real estate investment trust’s stock worth $4,645,000 after buying an additional 68,785 shares during the period. Martingale Asset Management L P boosted its stake in shares of Apollo Commercial Real Estate Finance by 47.4% in the fourth quarter. Martingale Asset Management L P now owns 51,612 shares of the real estate investment trust’s stock worth $858,000 after buying an additional 16,600 shares during the period. Finally, Marshall Wace LLP bought a new stake in shares of Apollo Commercial Real Estate Finance during the fourth quarter worth $4,423,000. Hedge funds and other institutional investors own 50.39% of the company’s stock.

Institutional Ownership by Quarter for Apollo Commercial Real Estate Finance (NYSE:ARI)

Apollo Commercial Real Estate Finance (ARI) traded up 1.05% during midday trading on Monday, reaching $19.17. The company’s stock had a trading volume of 1,229,450 shares. The stock’s 50-day moving average price is $18.57 and its 200 day moving average price is $18.01. The firm has a market capitalization of $1.76 billion, a PE ratio of 10.00 and a beta of 0.66. Apollo Commercial Real Estate Finance has a 1-year low of $15.53 and a 1-year high of $19.92.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings results on Tuesday, May 2nd. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.08. The business had revenue of $57.81 million for the quarter. Apollo Commercial Real Estate Finance had a return on equity of 9.79% and a net margin of 88.07%. Equities analysts anticipate that Apollo Commercial Real Estate Finance will post $1.91 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be issued a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 9.60%. The ex-dividend date of this dividend is Wednesday, June 28th. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is 96.84%.

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ARI has been the subject of a number of analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $19.00 price objective on shares of Apollo Commercial Real Estate Finance in a research note on Wednesday, March 1st. JMP Securities cut Apollo Commercial Real Estate Finance from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 1st. They noted that the move was a valuation call. Keefe, Bruyette & Woods restated a “hold” rating and set a $18.00 price objective on shares of Apollo Commercial Real Estate Finance in a research note on Thursday, March 2nd. Finally, Zacks Investment Research upgraded Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Tuesday, April 25th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $18.75.

In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 25,000 shares of Apollo Commercial Real Estate Finance stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $18.72, for a total transaction of $468,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.62% of the stock is owned by insiders.

Apollo Commercial Real Estate Finance Company Profile

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.

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