Sheaff Brock Investment Advisors LLC Invests $187,000 in Apollo Commercial Real Est. Finance Inc (ARI)

Sheaff Brock Investment Advisors LLC bought a new stake in Apollo Commercial Real Est. Finance Inc (NYSE:ARI) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 10,121 shares of the real estate investment trust’s stock, valued at approximately $187,000.

Several other large investors also recently added to or reduced their stakes in ARI. Capital Advisors Ltd. LLC acquired a new stake in shares of Apollo Commercial Real Est. Finance in the third quarter valued at about $101,000. PNC Financial Services Group Inc. increased its position in shares of Apollo Commercial Real Est. Finance by 10.9% in the second quarter. PNC Financial Services Group Inc. now owns 7,799 shares of the real estate investment trust’s stock valued at $144,000 after acquiring an additional 765 shares during the last quarter. Ameritas Investment Partners Inc. increased its position in shares of Apollo Commercial Real Est. Finance by 17.4% in the second quarter. Ameritas Investment Partners Inc. now owns 8,076 shares of the real estate investment trust’s stock valued at $150,000 after acquiring an additional 1,196 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in shares of Apollo Commercial Real Est. Finance in the third quarter valued at about $185,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Apollo Commercial Real Est. Finance in the third quarter valued at about $214,000. 69.01% of the stock is currently owned by institutional investors and hedge funds.

In related news, CEO Stuart Rothstein sold 40,000 shares of Apollo Commercial Real Est. Finance stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $18.39, for a total transaction of $735,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Salvati sold 10,000 shares of Apollo Commercial Real Est. Finance stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $18.55, for a total value of $185,500.00. The disclosure for this sale can be found here. Company insiders own 0.62% of the company’s stock.

Shares of Apollo Commercial Real Est. Finance Inc (NYSE:ARI) opened at $18.45 on Friday. The company has a quick ratio of 38.53, a current ratio of 38.53 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $1,982.77, a PE ratio of 10.66 and a beta of 0.54. Apollo Commercial Real Est. Finance Inc has a 12-month low of $17.56 and a 12-month high of $19.92.

Apollo Commercial Real Est. Finance (NYSE:ARI) last released its earnings results on Wednesday, February 14th. The real estate investment trust reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $69.19 million for the quarter, compared to the consensus estimate of $67.80 million. Apollo Commercial Real Est. Finance had a return on equity of 10.22% and a net margin of 74.11%. Apollo Commercial Real Est. Finance’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. research analysts expect that Apollo Commercial Real Est. Finance Inc will post 1.81 EPS for the current year.

Separately, Zacks Investment Research downgraded 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 given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $19.33.

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Apollo Commercial Real Est. Finance Company 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.

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

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