National Asset Management Inc. Buys 7,349 Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

National Asset Management Inc. lifted its position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 67.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,247 shares of the real estate investment trust’s stock after buying an additional 7,349 shares during the period. National Asset Management Inc.’s holdings in Apollo Commercial Real Estate Finance were worth $292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss National Bank increased its holdings in shares of Apollo Commercial Real Estate Finance by 1.2% in the second quarter. Swiss National Bank now owns 308,239 shares of the real estate investment trust’s stock worth $4,916,000 after purchasing an additional 3,700 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Apollo Commercial Real Estate Finance by 8.5% during the second quarter. PNC Financial Services Group Inc. now owns 14,807 shares of the real estate investment trust’s stock worth $237,000 after purchasing an additional 1,155 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Apollo Commercial Real Estate Finance by 21.0% in the 2nd quarter. Van ECK Associates Corp now owns 930,332 shares of the real estate investment trust’s stock valued at $14,839,000 after acquiring an additional 161,166 shares during the period. Natixis Advisors L.P. boosted its holdings in Apollo Commercial Real Estate Finance by 19.8% in the first quarter. Natixis Advisors L.P. now owns 23,289 shares of the real estate investment trust’s stock valued at $325,000 after purchasing an additional 3,852 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Apollo Commercial Real Estate Finance by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 898,697 shares of the real estate investment trust’s stock worth $12,555,000 after acquiring an additional 10,779 shares in the last quarter. Institutional investors own 58.98% of the company’s stock.

Shares of NYSE ARI opened at $15.26 on Friday. The company has a quick ratio of 81.46, a current ratio of 81.46 and a debt-to-equity ratio of 2.40. Apollo Commercial Real Estate Finance, Inc. has a 52 week low of $8.32 and a 52 week high of $16.94. The firm has a 50-day moving average price of $15.26 and a 200 day moving average price of $15.25. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 11.47 and a beta of 1.30.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings data on Sunday, July 25th. The real estate investment trust reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.08). Apollo Commercial Real Estate Finance had a net margin of 75.66% and a return on equity of 9.32%. Equities research analysts expect that Apollo Commercial Real Estate Finance, Inc. will post 1.44 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 15th. Investors of record on Thursday, September 30th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 9.17%. The ex-dividend date is Wednesday, September 29th. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is 100.00%.

Separately, Zacks Investment Research cut shares of Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a research report on Wednesday.

About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust, which originates, acquires, invests in, and manages performing commercial real estate mortgage loans, subordinate financings, and other commercial real estate-related debt investments. It offers loan programs that include senior loans, subordinate debt, bridge loans, and preferred equity.

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

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