Yousif Capital Management LLC Lowers Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Yousif Capital Management LLC trimmed its holdings in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,272 shares of the real estate investment trust’s stock after selling 1,711 shares during the quarter. Yousif Capital Management LLC’s holdings in Apollo Commercial Real Estate Finance were worth $418,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARI. Hotchkis & Wiley Capital Management LLC boosted its stake in Apollo Commercial Real Estate Finance by 1.1% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 578,210 shares of the real estate investment trust’s stock worth $5,314,000 after buying an additional 6,200 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Apollo Commercial Real Estate Finance by 72.0% in 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 acquiring an additional 196,122 shares during the last quarter. Barclays PLC boosted its position 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 during the period. Jane Street Group LLC increased its holdings in 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 last quarter. Finally, Baker Avenue Asset Management LP raised its position in Apollo Commercial Real Estate Finance by 7.1% in the third quarter. Baker Avenue Asset Management LP now owns 169,289 shares of the real estate investment trust’s stock valued at $1,556,000 after purchasing an additional 11,179 shares during the period. 54.43% of the stock is currently owned by hedge funds and other institutional investors.

Apollo Commercial Real Estate Finance Trading Up 0.2 %

ARI opened at $10.10 on Tuesday. The business has a fifty day moving average price of $9.06 and a 200 day moving average price of $9.33. The company has a debt-to-equity ratio of 0.67, a current ratio of 46.13 and a quick ratio of 46.13. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $8.44 and a 12 month high of $11.64. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of -10.97 and a beta of 1.74.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a positive return on equity of 9.11% and a negative net margin of 35.84%. Sell-side analysts expect that Apollo Commercial Real Estate Finance, Inc. will post 0.2 earnings per share for the current fiscal year.

Apollo Commercial Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 9.91%. Apollo Commercial Real Estate Finance’s payout ratio is -105.26%.

Analyst Upgrades and Downgrades

ARI has been the subject of a number of research reports. UBS Group dropped their price objective on Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating for the company in a research note on Friday, November 15th. Keefe, Bruyette & Woods cut 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 note on Tuesday, January 14th. Finally, StockNews.com raised shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat, Apollo Commercial Real Estate Finance currently has an average rating of “Hold” and an average price target of $9.31.

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.