Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Director Sells $109,560.00 in Stock

Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Director Carmencita N.M. Whonder sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $9.96, for a total value of $109,560.00. Following the transaction, the director now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Apollo Commercial Real Estate Finance Stock Performance

Shares of Apollo Commercial Real Estate Finance stock opened at $9.97 on Friday. The business has a 50-day simple moving average of $9.30 and a 200-day simple moving average of $9.33. The company has a debt-to-equity ratio of 0.67, a quick ratio of 51.19 and a current ratio of 51.19. Apollo Commercial Real Estate Finance, Inc. has a one year low of $8.44 and a one year high of $11.64. The company has a market cap of $1.38 billion, a PE ratio of -10.49 and a beta of 1.74.

Apollo Commercial Real Estate Finance (NYSE:ARI) last posted its quarterly 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%. On average, equities research 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 10.04%. The ex-dividend date was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently -105.26%.

Analyst Ratings Changes

Several analysts have recently issued reports on ARI shares. Keefe, Bruyette & Woods reduced their price target on shares of Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th. UBS Group increased their target price on shares of 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 shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $9.08.

Institutional Trading of Apollo Commercial Real Estate Finance

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its holdings 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 acquiring an additional 176,101 shares during the last quarter. Barclays PLC boosted its holdings in Apollo Commercial Real Estate Finance by 65.9% in the third quarter. Barclays PLC now owns 329,462 shares of the real estate investment trust’s stock valued at $3,028,000 after purchasing an additional 130,892 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Apollo Commercial Real Estate Finance by 72.0% in the third quarter. Advisors Asset Management Inc. now owns 468,335 shares of the real estate investment trust’s stock valued at $4,304,000 after purchasing an additional 196,122 shares during the last quarter. Atria Wealth Solutions Inc. raised its holdings in 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 purchasing an additional 46,458 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth approximately $93,000. 54.43% of the stock is currently owned by institutional investors and hedge funds.

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.