Deutsche Bank AG Purchases 40,088 Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Deutsche Bank AG boosted its stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Free Report) by 51.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 118,656 shares of the real estate investment trust's stock after purchasing an additional 40,088 shares during the quarter. Deutsche Bank AG owned about 0.09% of Apollo Commercial Real Estate Finance worth $1,028,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC lifted its position in Apollo Commercial Real Estate Finance by 327.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 2,332 shares during the period. Sterling Capital Management LLC boosted its stake in Apollo Commercial Real Estate Finance by 783.8% during the fourth quarter. Sterling Capital Management LLC now owns 4,366 shares of the real estate investment trust's stock worth $38,000 after buying an additional 3,872 shares in the last quarter. CF Capital LLC acquired a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth $52,000. Murphy & Mullick Capital Management Corp acquired a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth $67,000. Finally, Xponance Inc. bought a new position in shares of Apollo Commercial Real Estate Finance during the fourth quarter valued at $87,000. Institutional investors own 54.43% of the company's stock.

Apollo Commercial Real Estate Finance Stock Down 0.7%

NYSE ARI traded down $0.07 during trading on Friday, hitting $9.83. The stock had a trading volume of 1,327,588 shares, compared to its average volume of 1,116,819. 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 PE ratio of -10.35 and a beta of 1.49. The company has a debt-to-equity ratio of 0.67, a quick ratio of 51.19 and a current ratio of 51.19. The company's 50-day moving average price is $9.21 and its two-hundred day moving average price is $9.29.

Apollo Commercial Real Estate Finance Announces Dividend

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 10.17%. The ex-dividend date of this dividend was Monday, March 31st. Apollo Commercial Real Estate Finance's dividend payout ratio is currently -3,333.33%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ARI. UBS Group reiterated a "neutral" rating and issued a $10.00 price objective (up from $9.00) on shares of Apollo Commercial Real Estate Finance in a research report on Wednesday, May 21st. Wall Street Zen lowered Apollo Commercial Real Estate Finance from a "buy" rating to a "hold" rating in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. boosted their price objective on 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. BTIG Research upgraded Apollo Commercial Real Estate Finance from a "neutral" rating to a "buy" rating and set a $11.00 price objective for the company in a research report on Wednesday, April 23rd. Finally, Keefe, Bruyette & Woods boosted their price objective on Apollo Commercial Real Estate Finance from $10.00 to $10.50 and gave the company an "outperform" rating in a research report on Tuesday, April 29th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.13.

Insider Transactions at Apollo Commercial Real Estate Finance

In other news, CEO Stuart Rothstein sold 52,074 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $9.99, for a total transaction of $520,219.26. Following the sale, the chief executive officer now directly owns 385,928 shares of the company's stock, valued at approximately $3,855,420.72. This represents a 11.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark C. Biderman sold 10,000 shares of the company's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $9.48, for a total value of $94,800.00. Following the sale, the director now owns 60,787 shares of the company's stock, valued at approximately $576,260.76. This represents a 14.13% decrease in their ownership of the stock. 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 90 days. Corporate insiders own 0.68% of the company's stock.

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.