State of Alaska Department of Revenue Has $2.11 Million Stock Holdings in Apollo Commercial Real Est. Finance Inc (NYSE:ARI)

State of Alaska Department of Revenue increased its position in Apollo Commercial Real Est. Finance Inc (NYSE:ARI) by 135.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,111 shares of the real estate investment trust’s stock after buying an additional 63,248 shares during the period. State of Alaska Department of Revenue owned 0.07% of Apollo Commercial Real Est. Finance worth $2,110,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Public Employees Retirement System of Ohio boosted its stake in Apollo Commercial Real Est. Finance by 88.1% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,364 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 639 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in Apollo Commercial Real Est. Finance during the 1st quarter valued at about $25,000. Parallel Advisors LLC boosted its stake in Apollo Commercial Real Est. Finance by 252.7% during the 2nd quarter. Parallel Advisors LLC now owns 2,363 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,693 shares during the last quarter. Advisory Alpha LLC bought a new position in shares of Apollo Commercial Real Est. Finance during the 1st quarter worth approximately $45,000. Finally, LS Investment Advisors LLC lifted its position in shares of Apollo Commercial Real Est. Finance by 18.0% during the 2nd quarter. LS Investment Advisors LLC now owns 4,005 shares of the real estate investment trust’s stock worth $74,000 after buying an additional 610 shares in the last quarter. Institutional investors own 65.38% of the company’s stock.

Shares of Apollo Commercial Real Est. Finance stock traded up $0.02 during mid-day trading on Wednesday, hitting $18.77. 6,651 shares of the stock were exchanged, compared to its average volume of 1,132,610. Apollo Commercial Real Est. Finance Inc has a 12 month low of $16.41 and a 12 month high of $19.76. The company has a 50-day simple moving average of $19.02 and a 200 day simple moving average of $18.71. The company has a debt-to-equity ratio of 0.39, a quick ratio of 44.69 and a current ratio of 44.69. The company has a market capitalization of $2.89 billion, a P/E ratio of 11.26 and a beta of 0.61.



Apollo Commercial Real Est. Finance (NYSE:ARI) last posted its earnings results on Wednesday, July 24th. The real estate investment trust reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.01. Apollo Commercial Real Est. Finance had a net margin of 75.64% and a return on equity of 10.22%. The firm had revenue of $84.99 million for the quarter, compared to analysts’ expectations of $82.63 million. During the same quarter last year, the firm earned $0.44 EPS. The company’s quarterly revenue was up 20.1% compared to the same quarter last year. Analysts predict that Apollo Commercial Real Est. Finance Inc will post 1.71 EPS for the current year.

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

Separately, Zacks Investment Research cut shares of Apollo Commercial Real Est. Finance from a “hold” rating to a “sell” rating in a research report on Monday, September 23rd.

In related news, Director Michael Salvati sold 20,000 shares of Apollo Commercial Real Est. Finance stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $19.02, for a total value of $380,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.39% of the company’s stock.

Apollo Commercial Real Est. Finance Company Profile

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.

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

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