Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd trimmed its stake in shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARIGet Rating) by 30.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC grew its holdings in Apollo Commercial Real Estate Finance by 100.9% in the second quarter. CWM LLC now owns 2,475 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 1,243 shares during the period. Meeder Asset Management Inc. acquired a new stake in Apollo Commercial Real Estate Finance in the first quarter valued at approximately $31,000. Geneos Wealth Management Inc. grew its holdings in Apollo Commercial Real Estate Finance by 721.0% in the first quarter. Geneos Wealth Management Inc. now owns 4,310 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 3,785 shares during the period. Selective Wealth Management Inc. grew its holdings in Apollo Commercial Real Estate Finance by 53.5% in the second quarter. Selective Wealth Management Inc. now owns 6,600 shares of the real estate investment trust’s stock valued at $69,000 after purchasing an additional 2,300 shares during the period. Finally, SeaCrest Wealth Management LLC acquired a new stake in Apollo Commercial Real Estate Finance in the second quarter valued at approximately $82,000. 55.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Stuart Rothstein acquired 15,000 shares of Apollo Commercial Real Estate Finance stock in a transaction that occurred on Monday, November 7th. The shares were purchased at an average price of $11.18 per share, for a total transaction of $167,700.00. Following the completion of the transaction, the chief executive officer now owns 452,676 shares in the company, valued at approximately $5,060,917.68. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.73% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

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

Apollo Commercial Real Estate Finance Stock Performance

Shares of NYSE:ARI opened at $11.86 on Monday. 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’s 50 day moving average price is $10.39 and its 200-day moving average price is $11.25. The firm has a market capitalization of $1.67 billion, a PE ratio of 6.31 and a beta of 1.54. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $7.91 and a 1 year high of $14.55.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 14th. Stockholders of record on Friday, September 30th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 11.80%. The ex-dividend date was Thursday, September 29th. Apollo Commercial Real Estate Finance’s dividend payout ratio is presently 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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