Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) have been assigned an average rating of “Hold” from the four research firms that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating. The average twelve-month price objective among brokers that have covered the stock in the last year is $9.08.

ARI has been the subject of a number of research analyst reports. StockNews.com raised Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th. UBS Group raised their price objective on Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Finally, Keefe, Bruyette & Woods lowered their target price on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating on the stock in a research report on Tuesday, January 14th.

Apollo Commercial Real Estate Finance Price Performance

Apollo Commercial Real Estate Finance stock opened at $9.95 on Friday. The stock has a market capitalization of $1.38 billion, a price-to-earnings ratio of -10.47 and a beta of 1.74. Apollo Commercial Real Estate Finance has a 52-week low of $8.44 and a 52-week high of $11.64. 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 stock’s 50 day moving average price is $9.26 and its two-hundred day moving average price is $9.32.

Apollo Commercial Real Estate Finance (NYSE:ARI) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a negative net margin of 39.40% and a positive return on equity of 9.37%. On average, equities analysts predict that Apollo Commercial Real Estate Finance will post 0.63 earnings per share for the current year.

Apollo Commercial Real Estate Finance Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.06%. Apollo Commercial Real Estate Finance’s dividend payout ratio is presently -105.26%.

Institutional Investors Weigh In On Apollo Commercial Real Estate Finance

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. AlphaCore Capital LLC increased its stake in Apollo Commercial Real Estate Finance by 2.8% in the 4th quarter. AlphaCore Capital LLC now owns 41,119 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 1,118 shares during the last quarter. Alpine Global Management LLC bought a new position in shares of Apollo Commercial Real Estate Finance in the fourth quarter valued at approximately $560,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Apollo Commercial Real Estate Finance by 18.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 449,676 shares of the real estate investment trust’s stock worth $3,894,000 after acquiring an additional 68,976 shares during the period. ProShare Advisors LLC boosted its position in Apollo Commercial Real Estate Finance by 41.1% in the fourth quarter. ProShare Advisors LLC now owns 41,532 shares of the real estate investment trust’s stock worth $360,000 after purchasing an additional 12,090 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in Apollo Commercial Real Estate Finance in the fourth quarter worth $31,684,000. 54.43% of the stock is owned by hedge funds and other 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.