Cetera Investment Advisers Has $487,000 Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Cetera Investment Advisers lessened its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) by 87.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,217 shares of the real estate investment trust's stock after selling 394,903 shares during the period. Cetera Investment Advisers' holdings in Apollo Commercial Real Estate Finance were worth $487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in shares of Apollo Commercial Real Estate Finance by 65.9% in the 3rd quarter. Barclays PLC now owns 329,462 shares of the real estate investment trust's stock valued at $3,028,000 after purchasing an additional 130,892 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at $93,000. Inspire Investing LLC raised its holdings in shares of Apollo Commercial Real Estate Finance by 3.0% in the 4th quarter. Inspire Investing LLC now owns 46,143 shares of the real estate investment trust's stock valued at $400,000 after purchasing an additional 1,364 shares in the last quarter. EMC Capital Management raised its holdings in shares of Apollo Commercial Real Estate Finance by 272.1% in the 4th quarter. EMC Capital Management now owns 14,089 shares of the real estate investment trust's stock valued at $122,000 after purchasing an additional 10,303 shares in the last quarter. Finally, Institute for Wealth Management LLC. raised its holdings in shares of Apollo Commercial Real Estate Finance by 14.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 27,485 shares of the real estate investment trust's stock valued at $238,000 after purchasing an additional 3,500 shares in the last quarter. Hedge funds and other institutional investors own 54.43% of the company's stock.

Insider Transactions at Apollo Commercial Real Estate Finance

In other Apollo Commercial Real Estate Finance news, Director Mark C. Biderman sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $9.48, for a total value of $94,800.00. Following the completion of the sale, the director now owns 60,787 shares of the company's stock, valued at $576,260.76. This trade represents a 14.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stuart Rothstein sold 52,074 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $3,855,420.72. This trade represents a 11.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,074 shares of company stock worth $724,579 in the last three months. Company insiders own 0.68% of the company's stock.

Apollo Commercial Real Estate Finance Price Performance

Shares of NYSE ARI traded up $0.05 on Thursday, hitting $9.89. The company's stock had a trading volume of 610,705 shares, compared to its average volume of 1,113,594. Apollo Commercial Real Estate Finance, Inc. has a 12-month low of $7.70 and a 12-month high of $11.20. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of -10.41 and a beta of 1.49. The company has a debt-to-equity ratio of 0.67, a current ratio of 51.19 and a quick ratio of 51.19. The stock has a 50 day moving average of $9.21 and a 200-day moving average of $9.28.

Apollo Commercial Real Estate Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.11%. The ex-dividend date was Monday, March 31st. Apollo Commercial Real Estate Finance's dividend payout ratio is currently -3,333.33%.

Analysts Set New Price Targets

Several equities research analysts recently commented on ARI shares. 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. JMP Securities reiterated a "market perform" rating on shares of Apollo Commercial Real Estate Finance in a research note on Tuesday, April 29th. Keefe, Bruyette & Woods lifted their price target on shares of Apollo Commercial Real Estate Finance from $10.00 to $10.50 and gave the stock an "outperform" rating in a research note on Tuesday, April 29th. BTIG Research upgraded shares of Apollo Commercial Real Estate Finance from a "neutral" rating to a "buy" rating and set a $11.00 price target on the stock in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Apollo Commercial Real Estate Finance from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Apollo Commercial Real Estate Finance has a consensus rating of "Hold" and a consensus price target of $10.13.

About Apollo Commercial Real Estate Finance

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.