104,800 Shares in Apollo Commercial Real Estate Finance $ARI Purchased by Troluce Capital Advisors LLC

Troluce Capital Advisors LLC acquired a new stake in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 104,800 shares of the real estate investment trust’s stock, valued at approximately $1,107,000.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC boosted its stake in Apollo Commercial Real Estate Finance by 60.4% in the fourth quarter. GAMMA Investing LLC now owns 2,832 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 1,066 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Apollo Commercial Real Estate Finance by 388.7% in the 1st quarter. Bessemer Group Inc. now owns 3,255 shares of the real estate investment trust’s stock valued at $34,000 after purchasing an additional 2,589 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Apollo Commercial Real Estate Finance by 60.2% in the fourth quarter. Farther Finance Advisors LLC now owns 5,037 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,892 shares during the period. Parallel Advisors LLC lifted its stake in shares of Apollo Commercial Real Estate Finance by 61.7% in the 1st quarter. Parallel Advisors LLC now owns 4,656 shares of the real estate investment trust’s stock valued at $49,000 after acquiring an additional 1,777 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in Apollo Commercial Real Estate Finance during the 3rd quarter valued at about $50,000. 54.43% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Apollo Commercial Real Estate Finance news, Director Carmencita N.M. Whonder sold 4,574 shares of Apollo Commercial Real Estate Finance stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $10.93, for a total value of $49,993.82. Following the completion of the sale, the director owned 24,799 shares of the company’s stock, valued at approximately $271,053.07. This trade represents a 15.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by insiders.

Apollo Commercial Real Estate Finance Stock Down 0.1%

Shares of NYSE:ARI opened at $6.76 on Monday. The firm has a market capitalization of $884.59 million, a P/E ratio of 8.35 and a beta of 1.35. The company has a debt-to-equity ratio of 0.68, a quick ratio of 81.80 and a current ratio of 81.81. The stock has a 50 day moving average price of $10.20 and a 200-day moving average price of $10.46. Apollo Commercial Real Estate Finance has a 52-week low of $6.65 and a 52-week high of $11.24.

Apollo Commercial Real Estate Finance (NYSE:ARI) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.07). The firm had revenue of $58.63 million during the quarter, compared to the consensus estimate of $77.85 million. Apollo Commercial Real Estate Finance had a return on equity of 7.87% and a net margin of 48.01%. As a group, equities research analysts anticipate that Apollo Commercial Real Estate Finance will post -0.18 EPS for the current fiscal year.

Apollo Commercial Real Estate Finance Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $3.75 dividend. This is a boost from Apollo Commercial Real Estate Finance’s previous quarterly dividend of $0.25. This represents a $15.00 dividend on an annualized basis and a yield of 221.7%. Apollo Commercial Real Estate Finance’s payout ratio is presently 123.46%.

Analyst Ratings Changes

Several equities analysts recently issued reports on ARI shares. Zacks Research upgraded Apollo Commercial Real Estate Finance from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Weiss Ratings lowered shares of Apollo Commercial Real Estate Finance from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 16th. Bank of America started coverage on shares of Apollo Commercial Real Estate Finance in a research report on Tuesday, May 5th. They issued a “neutral” rating and a $11.50 price objective on the stock. BTIG Research downgraded Apollo Commercial Real Estate Finance from a “buy” rating to a “neutral” rating in a report on Thursday, June 25th. Finally, Wall Street Zen lowered Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.33.

Apollo Commercial Real Estate Finance Profile

Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a real estate finance company structured as a real estate investment trust (REIT). The company focuses on originating, acquiring and managing a diversified portfolio of commercial real estate debt and preferred equity investments. As an externally managed vehicle, ARI leverages the expertise and resources of an affiliate of Apollo Global Management, a leading global alternative investment manager.

ARI’s investment strategy is centered on providing first mortgage loans, mezzanine debt financing, bridge loans and preferred equity across a broad range of property types, including office, retail, industrial and multifamily assets.