Neuburgh Advisers LLC Has $499,000 Holdings in Apollo Commercial Real Est. Finance Inc (ARI)

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Neuburgh Advisers LLC boosted its position in shares of Apollo Commercial Real Est. Finance Inc (NYSE:ARI) by 7.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,964 shares of the real estate investment trust’s stock after acquiring an additional 2,156 shares during the quarter. Neuburgh Advisers LLC’s holdings in Apollo Commercial Real Est. Finance were worth $499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quantamental Technologies LLC bought a new stake in Apollo Commercial Real Est. Finance during the fourth quarter worth $30,000. Resources Investment Advisors Inc. raised its position in Apollo Commercial Real Est. Finance by 66.0% during the fourth quarter. Resources Investment Advisors Inc. now owns 2,000 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 795 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Apollo Commercial Real Est. Finance during the fourth quarter worth $35,000. Enlightenment Research LLC bought a new stake in Apollo Commercial Real Est. Finance during the fourth quarter worth $42,000. Finally, Baillie Gifford & Co. bought a new stake in Apollo Commercial Real Est. Finance during the third quarter worth $138,000. 67.87% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have issued reports on the stock. Barclays upped their price target on shares of Apollo Commercial Real Est. Finance from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Friday, November 30th. Deutsche Bank lowered shares of Apollo Commercial Real Est. Finance from a “buy” rating to a “hold” rating in a research report on Thursday, February 14th. Zacks Investment Research raised shares of Apollo Commercial Real Est. Finance from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Finally, JPMorgan Chase & Co. raised shares of Apollo Commercial Real Est. Finance from a “neutral” rating to an “overweight” rating and dropped their price target for the stock from $18.50 to $18.00 in a research report on Wednesday, January 16th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $19.33.

In other news, CEO Stuart Rothstein sold 40,000 shares of the stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $17.48, for a total value of $699,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.65% of the stock is owned by corporate insiders.

Shares of ARI opened at $18.44 on Friday. The stock has a market capitalization of $2.47 billion, a PE ratio of 11.04 and a beta of 0.64. Apollo Commercial Real Est. Finance Inc has a fifty-two week low of $16.41 and a fifty-two week high of $19.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 38.08 and a current ratio of 38.08.

Apollo Commercial Real Est. Finance (NYSE:ARI) last issued its quarterly earnings data on Wednesday, February 13th. The real estate investment trust reported $0.46 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.46. The company had revenue of $77.81 million for the quarter, compared to analyst estimates of $80.88 million. Apollo Commercial Real Est. Finance had a net margin of 76.04% and a return on equity of 9.78%. The company’s revenue was up 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 earnings per share. Equities research analysts anticipate that Apollo Commercial Real Est. Finance Inc will post 1.78 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, March 29th will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 9.98%. The ex-dividend date is Thursday, March 28th. Apollo Commercial Real Est. Finance’s payout ratio is presently 110.18%.

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Apollo Commercial Real Est. Finance Company Profile

Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that primarily 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 company is qualified as a REIT under the Internal Revenue Code.

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

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