SG Americas Securities LLC Takes Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

SG Americas Securities LLC purchased a new position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,705 shares of the real estate investment trust’s stock, valued at approximately $93,000.

Several other large investors also recently bought and sold shares of the business. Inspire Investing LLC grew its holdings in Apollo Commercial Real Estate Finance by 23.7% during the 3rd quarter. Inspire Investing LLC now owns 44,779 shares of the real estate investment trust’s stock valued at $412,000 after purchasing an additional 8,591 shares during the last quarter. Everence Capital Management Inc. boosted its stake in shares of Apollo Commercial Real Estate Finance by 17.2% during the third quarter. Everence Capital Management Inc. now owns 24,020 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 3,530 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of Apollo Commercial Real Estate Finance by 9.0% during the third quarter. Private Advisor Group LLC now owns 28,872 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 2,382 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Apollo Commercial Real Estate Finance during the third quarter valued at approximately $1,130,000. Finally, PFG Investments LLC boosted its stake in shares of Apollo Commercial Real Estate Finance by 2.9% during the third quarter. PFG Investments LLC now owns 48,584 shares of the real estate investment trust’s stock valued at $446,000 after purchasing an additional 1,352 shares in the last quarter. Institutional investors own 54.43% of the company’s stock.

Apollo Commercial Real Estate Finance Price Performance

Shares of ARI stock opened at $10.07 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 46.13 and a quick ratio of 46.13. The firm’s 50-day moving average is $9.00 and its two-hundred day moving average is $9.35. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $8.44 and a 12 month high of $11.64. The company has a market capitalization of $1.40 billion, a PE ratio of -10.94 and a beta of 1.74.

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

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 9.94%. The ex-dividend date was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently -105.26%.

Wall Street Analyst Weigh In

A number of research firms recently commented on ARI. Keefe, Bruyette & Woods decreased their target price on shares of 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. StockNews.com raised shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. 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 report on Thursday, October 17th. Finally, UBS Group dropped their target price 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 report on Friday, November 15th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat.com, Apollo Commercial Real Estate Finance presently 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.