Apollo Commercial Real Est. Finance Inc (ARI) Shares Sold by WESPAC Advisors LLC

WESPAC Advisors LLC reduced its stake in Apollo Commercial Real Est. Finance Inc (NYSE:ARI) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,338 shares of the real estate investment trust’s stock after selling 4,497 shares during the period. Apollo Commercial Real Est. Finance accounts for 1.3% of WESPAC Advisors LLC’s holdings, making the stock its 29th biggest holding. WESPAC Advisors LLC owned about 0.07% of Apollo Commercial Real Est. Finance worth $1,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of ARI. Vanguard Group Inc. lifted its position in shares of Apollo Commercial Real Est. Finance by 100.9% in the 2nd quarter. Vanguard Group Inc. now owns 7,216,049 shares of the real estate investment trust’s stock worth $133,857,000 after purchasing an additional 3,624,657 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Apollo Commercial Real Est. Finance by 0.5% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 4,551,945 shares of the real estate investment trust’s stock valued at $82,436,000 after acquiring an additional 22,739 shares during the last quarter. State Street Corp lifted its position in Apollo Commercial Real Est. Finance by 36.4% during the second quarter. State Street Corp now owns 2,410,961 shares of the real estate investment trust’s stock valued at $44,728,000 after acquiring an additional 643,910 shares during the last quarter. APG Asset Management N.V. lifted its position in Apollo Commercial Real Est. Finance by 99.7% during the fourth quarter. APG Asset Management N.V. now owns 1,358,800 shares of the real estate investment trust’s stock valued at $20,878,000 after acquiring an additional 678,400 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Apollo Commercial Real Est. Finance by 0.8% during the third quarter. Bank of New York Mellon Corp now owns 1,266,644 shares of the real estate investment trust’s stock valued at $22,938,000 after acquiring an additional 10,672 shares during the last quarter. Institutional investors and hedge funds own 68.65% of the company’s stock.

Separately, Zacks Investment Research cut shares of Apollo Commercial Real Est. Finance from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Apollo Commercial Real Est. Finance has a consensus rating of “Hold” and a consensus price target of $19.33.

In other Apollo Commercial Real Est. Finance news, CEO Stuart Rothstein sold 40,000 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $18.39, for a total value of $735,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.62% of the company’s stock.

Apollo Commercial Real Est. Finance Inc (NYSE ARI) traded up $0.11 during trading hours on Wednesday, reaching $18.02. 504,469 shares of the company were exchanged, compared to its average volume of 1,480,000. The stock has a market capitalization of $1,930.00, a PE ratio of 10.07 and a beta of 0.54. Apollo Commercial Real Est. Finance Inc has a 12 month low of $17.44 and a 12 month high of $19.92. The company has a debt-to-equity ratio of 0.83, a current ratio of 291.34 and a quick ratio of 291.34.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were issued a $0.46 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.21%. Apollo Commercial Real Est. Finance’s dividend payout ratio is currently 102.79%.

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Apollo Commercial Real Est. 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 Est. Finance (NYSE:ARI)

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