Wiley BROS. Aintree Capital LLC Invests $913,000 in Apollo Commercial Real Est. Finance Inc (NYSE:ARI)

Wiley BROS. Aintree Capital LLC purchased a new position in shares of Apollo Commercial Real Est. Finance Inc (NYSE:ARI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 48,360 shares of the real estate investment trust’s stock, valued at approximately $913,000. Apollo Commercial Real Est. Finance accounts for 1.2% of Wiley BROS. Aintree Capital LLC’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors have also recently modified their holdings of ARI. Great West Life Assurance Co. Can increased its stake in shares of Apollo Commercial Real Est. Finance by 2.0% during the first quarter. Great West Life Assurance Co. Can now owns 152,369 shares of the real estate investment trust’s stock worth $2,772,000 after acquiring an additional 3,054 shares during the period. First Trust Advisors LP boosted its holdings in Apollo Commercial Real Est. Finance by 301.0% during the first quarter. First Trust Advisors LP now owns 470,338 shares of the real estate investment trust’s stock worth $8,560,000 after buying an additional 353,054 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new stake in Apollo Commercial Real Est. Finance during the first quarter worth about $226,000. Advisory Alpha LLC purchased a new stake in Apollo Commercial Real Est. Finance during the first quarter worth about $45,000. Finally, Marshall Wace LLP purchased a new stake in Apollo Commercial Real Est. Finance during the first quarter worth about $989,000. Institutional investors and hedge funds own 65.38% of the company’s stock.

In related news, Director Michael Salvati sold 20,000 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $19.02, for a total transaction of $380,400.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.39% of the stock is currently owned by insiders.

Separately, Zacks Investment Research downgraded shares of Apollo Commercial Real Est. Finance from a “hold” rating to a “sell” rating in a report on Monday, September 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Apollo Commercial Real Est. Finance presently has an average rating of “Hold” and a consensus price target of $19.33.

ARI stock traded up $0.15 during trading on Friday, reaching $18.79. 14,933 shares of the company were exchanged, compared to its average volume of 995,448. The company has a market cap of $2.88 billion, a P/E ratio of 11.25 and a beta of 0.61. Apollo Commercial Real Est. Finance Inc has a 52-week low of $16.41 and a 52-week high of $19.76. The stock’s 50 day moving average price is $19.00 and its 200 day moving average price is $18.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 44.69 and a current ratio of 44.69.

Apollo Commercial Real Est. Finance (NYSE:ARI) last released its quarterly earnings data on Wednesday, July 24th. The real estate investment trust reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $84.99 million for the quarter, compared to the consensus estimate of $82.63 million. Apollo Commercial Real Est. Finance had a net margin of 75.64% and a return on equity of 10.22%. The firm’s revenue was up 20.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. As a group, equities research analysts forecast that Apollo Commercial Real Est. Finance Inc will post 1.71 EPS for the current year.

The business also recently disclosed a — dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.46 per share. This represents a yield of 9.5%. The ex-dividend date is Friday, September 27th. Apollo Commercial Real Est. Finance’s dividend payout ratio is currently 110.18%.

About Apollo Commercial Real Est. Finance

Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that primarily 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 company is qualified as a REIT under the Internal Revenue Code.

Further Reading: What are retained earnings?

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

Receive News & Ratings for Apollo Commercial Real Est. Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Commercial Real Est. Finance and related companies with MarketBeat.com's FREE daily email newsletter.