WINTON GROUP Ltd Trims Stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

WINTON GROUP Ltd lowered its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARIGet Rating) by 30.3% during the second quarter, Holdings Channel.com reports. The firm owned 32,074 shares of the real estate investment trust’s stock after selling 13,915 shares during the period. WINTON GROUP Ltd’s holdings in Apollo Commercial Real Estate Finance were worth $335,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARI. SG Americas Securities LLC raised its holdings in shares of Apollo Commercial Real Estate Finance by 557.8% in the 1st quarter. SG Americas Securities LLC now owns 50,164 shares of the real estate investment trust’s stock valued at $699,000 after buying an additional 42,538 shares during the period. Mutual of America Capital Management LLC raised its holdings in shares of Apollo Commercial Real Estate Finance by 5.9% in the 1st quarter. Mutual of America Capital Management LLC now owns 19,036 shares of the real estate investment trust’s stock valued at $265,000 after buying an additional 1,069 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Apollo Commercial Real Estate Finance by 7.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 234,710 shares of the real estate investment trust’s stock valued at $3,270,000 after buying an additional 17,106 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Apollo Commercial Real Estate Finance by 2.0% in the 1st quarter. Victory Capital Management Inc. now owns 98,938 shares of the real estate investment trust’s stock valued at $1,202,000 after buying an additional 1,900 shares during the period. Finally, New York State Common Retirement Fund raised its holdings in shares of Apollo Commercial Real Estate Finance by 9.5% in the 1st quarter. New York State Common Retirement Fund now owns 139,618 shares of the real estate investment trust’s stock valued at $1,945,000 after buying an additional 12,096 shares during the period. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ARI. JPMorgan Chase & Co. cut their price objective on Apollo Commercial Real Estate Finance from $11.00 to $9.50 and set an “underweight” rating on the stock in a report on Monday, October 24th. StockNews.com started coverage on Apollo Commercial Real Estate Finance in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Credit Suisse Group lowered their target price on Apollo Commercial Real Estate Finance to $11.00 in a research note on Thursday, October 13th.

Insider Transactions at Apollo Commercial Real Estate Finance

In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein acquired 15,000 shares of the stock in a transaction dated Monday, November 7th. The stock was acquired at an average cost of $11.18 per share, with a total value of $167,700.00. Following the transaction, the chief executive officer now owns 452,676 shares in the company, valued at approximately $5,060,917.68. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.73% of the company’s stock.

Apollo Commercial Real Estate Finance Trading Up 2.2 %

ARI opened at $11.86 on Monday. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $7.91 and a 12 month high of $14.55. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 6.31 and a beta of 1.54. The company has a debt-to-equity ratio of 0.62, a current ratio of 22.02 and a quick ratio of 22.02. The business has a fifty day moving average price of $10.39 and a 200 day moving average price of $11.25.

Apollo Commercial Real Estate Finance Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 14th. Stockholders of record on Friday, September 30th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, September 29th. This represents a $1.40 annualized dividend and a dividend yield of 11.80%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently 74.47%.

Apollo Commercial Real Estate Finance Company Profile

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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. It is qualified as a REIT under the Internal Revenue Code.

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Institutional Ownership by Quarter for Apollo Commercial Real Estate Finance (NYSE:ARI)

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