Xponance Inc. Makes New Investment in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Xponance Inc. acquired a new stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,028 shares of the real estate investment trust’s stock, valued at approximately $87,000.

A number of other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its position in Apollo Commercial Real Estate Finance by 7.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,263,378 shares of the real estate investment trust’s stock valued at $19,601,000 after purchasing an additional 162,089 shares during the period. Van ECK Associates Corp grew its holdings in shares of Apollo Commercial Real Estate Finance by 12.1% during the fourth quarter. Van ECK Associates Corp now owns 1,063,511 shares of the real estate investment trust’s stock valued at $9,210,000 after buying an additional 115,109 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Apollo Commercial Real Estate Finance by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,022,941 shares of the real estate investment trust’s stock worth $8,859,000 after acquiring an additional 56,284 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Apollo Commercial Real Estate Finance by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 617,114 shares of the real estate investment trust’s stock worth $5,344,000 after acquiring an additional 16,040 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Apollo Commercial Real Estate Finance by 1.1% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 578,210 shares of the real estate investment trust’s stock worth $5,314,000 after acquiring an additional 6,200 shares during the last quarter. 54.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Apollo Commercial Real Estate Finance

In other Apollo Commercial Real Estate Finance news, 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 value of $109,560.00. Following the completion of the sale, the director now directly owns 9,624 shares of the company’s stock, valued at $95,855.04. This trade represents a 53.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 value of $520,219.26. Following the transaction, the chief executive officer now directly owns 385,928 shares in the company, valued at $3,855,420.72. This represents a 11.89 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

ARI has been the subject of a number of analyst reports. Keefe, Bruyette & Woods cut their price target on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. UBS Group upped their price target on Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Finally, StockNews.com upgraded Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Five analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $9.08.

Apollo Commercial Real Estate Finance Trading Down 1.7 %

NYSE:ARI opened at $9.66 on Friday. Apollo Commercial Real Estate Finance, Inc. has a 52 week low of $8.44 and a 52 week high of $11.20. The firm has a 50-day moving average price of $9.64 and a two-hundred day moving average price of $9.27. The company has a debt-to-equity ratio of 0.67, a quick ratio of 51.19 and a current ratio of 51.19. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of -10.16 and a beta of 1.74.

Apollo Commercial Real Estate Finance (NYSE:ARI) last issued its quarterly earnings results on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, beating 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%. On average, equities analysts expect that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current fiscal year.

Apollo Commercial Real Estate Finance Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.36%. The ex-dividend date is Monday, March 31st. Apollo Commercial Real Estate Finance’s payout ratio is -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.