Apollo Commercial Real Estate Finance (NYSE:ARI) Receives Consensus Rating of "Hold" from Analysts

Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) has been given an average rating of "Hold" by the five research firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $10.31.

Several equities research analysts recently commented on ARI shares. JMP Securities restated a "market perform" rating on shares of Apollo Commercial Real Estate Finance in a research report on Tuesday, April 29th. Keefe, Bruyette & Woods upped their price target on shares of Apollo Commercial Real Estate Finance from $10.50 to $10.75 and gave the company an "outperform" rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. upped their price target on shares of Apollo Commercial Real Estate Finance from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Monday, April 28th. UBS Group set a $10.50 price objective on shares of Apollo Commercial Real Estate Finance and gave the company a "neutral" rating in a research note on Tuesday. Finally, Wall Street Zen lowered shares of Apollo Commercial Real Estate Finance from a "buy" rating to a "hold" rating in a research note on Wednesday, April 23rd.

Apollo Commercial Real Estate Finance Trading Up 0.9%

Shares of NYSE:ARI traded up $0.09 during mid-day trading on Friday, hitting $9.95. The stock had a trading volume of 1,330,509 shares, compared to its average volume of 1,169,381. The company has a debt-to-equity ratio of 0.67, a quick ratio of 74.89 and a current ratio of 74.89. The company has a market cap of $1.38 billion, a PE ratio of -331.50, a P/E/G ratio of 0.28 and a beta of 1.46. Apollo Commercial Real Estate Finance has a 12-month low of $7.70 and a 12-month high of $11.20. The company's 50 day moving average is $9.82 and its 200-day moving average is $9.45.

Apollo Commercial Real Estate Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.00 annualized dividend and a yield of 10.06%. Apollo Commercial Real Estate Finance's dividend payout ratio is presently -3,333.33%.

Insider Buying and Selling at Apollo Commercial Real Estate Finance

In related news, Director Mark C. Biderman sold 10,000 shares of the company's stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $9.48, for a total transaction of $94,800.00. Following the completion of the sale, the director directly owned 60,787 shares of the company's stock, valued at approximately $576,260.76. This represents a 14.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Stuart Rothstein sold 52,074 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $9.83, for a total transaction of $511,887.42. Following the sale, the chief executive officer directly owned 333,854 shares of the company's stock, valued at approximately $3,281,784.82. This represents a 13.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

Institutional Trading of Apollo Commercial Real Estate Finance

Several large investors have recently modified their holdings of the company. Kingstone Capital Partners Texas LLC bought a new stake in shares of Apollo Commercial Real Estate Finance during the 2nd quarter worth $271,921,000. Vanguard Group Inc. boosted its holdings in shares of Apollo Commercial Real Estate Finance by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 15,236,601 shares of the real estate investment trust's stock worth $131,949,000 after buying an additional 135,785 shares during the period. Nomura Holdings Inc. bought a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter worth $31,684,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Apollo Commercial Real Estate Finance by 2.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,326,569 shares of the real estate investment trust's stock worth $22,265,000 after buying an additional 63,191 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Apollo Commercial Real Estate Finance by 89.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,855,116 shares of the real estate investment trust's stock worth $17,753,000 after buying an additional 877,675 shares during the period. 54.43% of the stock is owned by institutional investors.

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.