EMC Capital Management Has $122,000 Stock Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

EMC Capital Management increased its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 272.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,089 shares of the real estate investment trust’s stock after acquiring an additional 10,303 shares during the period. EMC Capital Management’s holdings in Apollo Commercial Real Estate Finance were worth $122,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ARI. Future Financial Wealth Managment LLC bought a new stake in Apollo Commercial Real Estate Finance during the 3rd quarter worth approximately $44,000. KBC Group NV raised its position in Apollo Commercial Real Estate Finance by 57.7% in the 3rd quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 2,562 shares during the last quarter. SG Americas Securities LLC bought a new position in Apollo Commercial Real Estate Finance during the 4th quarter valued at $93,000. International Assets Investment Management LLC purchased a new position in Apollo Commercial Real Estate Finance during the 3rd quarter worth $1,130,000. Finally, Algert Global LLC bought a new stake in shares of Apollo Commercial Real Estate Finance in the 2nd quarter worth $133,000. Institutional investors own 54.43% of the company’s stock.

Analyst Ratings Changes

ARI has been the topic of several analyst reports. JPMorgan Chase & Co. cut their price target on shares of Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating on the stock in a report on Thursday, October 17th. Keefe, Bruyette & Woods reduced their target price on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a report on Tuesday, January 14th. UBS Group dropped their price target on Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating on the stock in a report on Friday, November 15th. Finally, StockNews.com lowered Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.31.

Apollo Commercial Real Estate Finance Stock Performance

NYSE:ARI opened at $8.89 on Friday. The company has a market capitalization of $1.23 billion, a P/E ratio of -9.66 and a beta of 1.74. The business has a fifty day simple moving average of $9.00 and a two-hundred day simple moving average of $9.46. The company has a debt-to-equity ratio of 0.67, a current ratio of 46.13 and a quick ratio of 46.13. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $8.44 and a 1 year high of $11.64.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 11.25%. The ex-dividend date was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is currently -108.69%.

About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that 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 United Kingdom, and Europe.