45,953 Shares in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 45,953 shares of the real estate investment trust’s stock, valued at approximately $422,000.

A number of other large investors have also recently made changes to their positions in ARI. Triad Wealth Partners LLC purchased a new stake in shares of Apollo Commercial Real Estate Finance during the second quarter worth approximately $43,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Apollo Commercial Real Estate Finance during the third quarter worth approximately $44,000. EverSource Wealth Advisors LLC purchased a new stake in shares of Apollo Commercial Real Estate Finance during the second quarter worth approximately $59,000. Quest Partners LLC increased its stake in Apollo Commercial Real Estate Finance by 7,689.4% in the second quarter. Quest Partners LLC now owns 9,581 shares of the real estate investment trust’s stock valued at $94,000 after purchasing an additional 9,458 shares during the last quarter. Finally, Algert Global LLC purchased a new position in Apollo Commercial Real Estate Finance in the second quarter valued at approximately $133,000. 54.43% of the stock is currently owned by hedge funds and other institutional investors.

Apollo Commercial Real Estate Finance Stock Performance

Shares of ARI opened at $9.12 on Thursday. The company has a current ratio of 46.13, a quick ratio of 46.13 and a debt-to-equity ratio of 0.67. The firm has a market cap of $1.26 billion, a PE ratio of -9.91 and a beta of 1.75. The company’s 50 day simple moving average is $9.11 and its 200-day simple moving average is $9.84. Apollo Commercial Real Estate Finance, Inc. has a 12-month low of $8.52 and a 12-month high of $12.74.

Apollo Commercial Real Estate Finance Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.25 per share. The ex-dividend date was Monday, September 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.97%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently -108.70%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on ARI shares. JPMorgan Chase & Co. dropped their price target on shares of Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating on the stock in a research note on Thursday, October 17th. StockNews.com lowered shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a research note on Monday, November 4th. Finally, UBS Group dropped their price target on shares of Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating on the stock in a research note on Friday, November 15th. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Apollo Commercial Real Estate Finance currently has an average rating of “Hold” and an average target price of $9.63.

Apollo Commercial Real Estate Finance 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.