Corient Private Wealth LLC Has $171,000 Stock Holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Corient Private Wealth LLC lifted its holdings in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 71.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,747 shares of the real estate investment trust’s stock after buying an additional 8,262 shares during the period. Corient Private Wealth LLC’s holdings in Apollo Commercial Real Estate Finance were worth $171,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Smartleaf Asset Management LLC grew its position in Apollo Commercial Real Estate Finance by 327.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 2,332 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at approximately $93,000. CIBC Asset Management Inc bought a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter valued at approximately $112,000. EMC Capital Management increased its position in Apollo Commercial Real Estate Finance by 272.1% during the 4th quarter. EMC Capital Management now owns 14,089 shares of the real estate investment trust’s stock worth $122,000 after purchasing an additional 10,303 shares in the last quarter. Finally, SVB Wealth LLC bought a new position in Apollo Commercial Real Estate Finance in the 4th quarter valued at approximately $127,000. 54.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Apollo Commercial Real Estate Finance Price Performance

Shares of NYSE:ARI opened at $9.58 on Wednesday. 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 52 week low of $8.44 and a 52 week high of $11.20. The firm has a market cap of $1.33 billion, a PE ratio of -10.08 and a beta of 1.74. The firm’s fifty day moving average is $9.66 and its 200-day moving average is $9.26.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its 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 positive return on equity of 9.37% and a negative net margin of 39.40%. Sell-side analysts predict that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current year.

Apollo Commercial Real Estate Finance Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 10.44%. The ex-dividend date of this dividend is Monday, March 31st. Apollo Commercial Real Estate Finance’s payout ratio is presently -105.26%.

Insider Buying and Selling at Apollo Commercial Real Estate Finance

In other news, CEO Stuart Rothstein sold 52,074 shares of the stock in a transaction on Monday, March 17th. The shares were sold at an average price of $9.99, for a total transaction of $520,219.26. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Carmencita N.M. Whonder sold 11,000 shares of Apollo Commercial Real Estate Finance stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $9.96, for a total transaction of $109,560.00. Following the transaction, the director now directly owns 9,624 shares of the company’s stock, valued at $95,855.04. This represents a 53.34 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.