Apollo Commercial Real Estate Finance (ARI) Shares Sold by Rothschild Asset Management Inc.

Rothschild Asset Management Inc. lowered its holdings in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) by 2.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 330,049 shares of the real estate investment trust’s stock after selling 8,674 shares during the period. Rothschild Asset Management Inc. owned 0.31% of Apollo Commercial Real Estate Finance worth $5,977,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Alpine Woods Capital Investors LLC bought a new stake in shares of Apollo Commercial Real Estate Finance during the third quarter worth approximately $5,382,000. Banque Pictet & Cie SA raised its position in shares of Apollo Commercial Real Estate Finance by 17.8% in the third quarter. Banque Pictet & Cie SA now owns 106,000 shares of the real estate investment trust’s stock valued at $1,920,000 after buying an additional 16,000 shares in the last quarter. Pictet North America Advisors SA raised its position in shares of Apollo Commercial Real Estate Finance by 17.8% in the third quarter. Pictet North America Advisors SA now owns 106,000 shares of the real estate investment trust’s stock valued at $1,920,000 after buying an additional 16,000 shares in the last quarter. ClariVest Asset Management LLC raised its position in shares of Apollo Commercial Real Estate Finance by 3.5% in the third quarter. ClariVest Asset Management LLC now owns 304,900 shares of the real estate investment trust’s stock valued at $5,523,000 after buying an additional 10,200 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Apollo Commercial Real Estate Finance by 106.9% in the third quarter. SG Americas Securities LLC now owns 19,203 shares of the real estate investment trust’s stock valued at $348,000 after buying an additional 9,922 shares in the last quarter. Institutional investors and hedge funds own 67.76% of the company’s stock.

Apollo Commercial Real Estate Finance (ARI) traded up $0.09 during midday trading on Friday, hitting $18.68. 854,765 shares of the company’s stock were exchanged, compared to its average volume of 921,166. The company has a market capitalization of $2,000.00, a PE ratio of 9.94 and a beta of 0.63. Apollo Commercial Real Estate Finance has a 12-month low of $16.46 and a 12-month high of $19.92. The company has a current ratio of 291.34, a quick ratio of 291.34 and a debt-to-equity ratio of 0.83.

Apollo Commercial Real Estate Finance (NYSE:ARI) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.05. Apollo Commercial Real Estate Finance had a net margin of 86.07% and a return on equity of 10.32%. The company had revenue of $71.24 million for the quarter, compared to analysts’ expectations of $66.40 million. During the same quarter in the previous year, the firm posted $0.45 earnings per share. Apollo Commercial Real Estate Finance’s revenue for the quarter was up 33.6% on a year-over-year basis. analysts expect that Apollo Commercial Real Estate Finance will post 1.61 EPS for the current year.

Separately, Zacks Investment Research upgraded shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Wednesday, October 25th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $19.33.

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Apollo Commercial Real Estate Finance Profile

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.

Institutional Ownership by Quarter for Apollo Commercial Real Estate Finance (NYSE:ARI)

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