Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Stock Holdings Increased by Rhumbline Advisers

Rhumbline Advisers lifted its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 426,873 shares of the real estate investment trust’s stock after purchasing an additional 16,908 shares during the quarter. Rhumbline Advisers owned 0.31% of Apollo Commercial Real Estate Finance worth $3,697,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Van ECK Associates Corp raised its position in 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 acquiring an additional 115,109 shares in the last quarter. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Apollo Commercial Real Estate Finance by 1.1% in 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 acquiring an additional 6,200 shares during the last quarter. Advisors Asset Management Inc. lifted its position 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 worth $4,304,000 after purchasing an additional 196,122 shares during the period. Barclays PLC lifted its position 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 worth $3,028,000 after purchasing an additional 130,892 shares during the period. Finally, Jane Street Group LLC lifted its position in Apollo Commercial Real Estate Finance by 139.4% in the third quarter. Jane Street Group LLC now owns 302,388 shares of the real estate investment trust’s stock worth $2,779,000 after purchasing an additional 176,101 shares during the period. 54.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. StockNews.com raised Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. UBS Group lifted their price objective on Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Keefe, Bruyette & Woods cut their price objective on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $9.44.

Apollo Commercial Real Estate Finance Price Performance

Apollo Commercial Real Estate Finance stock opened at $10.14 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of -10.67 and a beta of 1.74. The business has a 50-day moving average of $9.20 and a 200-day moving average of $9.33. The company has a current ratio of 51.19, a quick ratio of 51.19 and a debt-to-equity ratio of 0.67. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $8.44 and a 1 year high of $11.64.

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 earnings per share (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 9.37% and a negative net margin of 39.40%. On average, equities analysts anticipate that Apollo Commercial Real Estate Finance, Inc. will post 0.63 EPS for the current year.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 9.86%. The ex-dividend date was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio is -105.26%.

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.