Carmencita N.M. Whonder Sells 11,400 Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Stock

Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Director Carmencita N.M. Whonder sold 11,400 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $10.21, for a total transaction of $116,394.00. Following the completion of the transaction, the director now directly owns 20,624 shares in the company, valued at $210,571.04. This represents a 35.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Carmencita N.M. Whonder also recently made the following trade(s):

• On Tuesday, March 4th, Carmencita N.M. Whonder sold 11,000 shares of Apollo Commercial Real Estate Finance stock. The shares were sold at an average price of $9.96, for a total transaction of $109,560.00.

Apollo Commercial Real Estate Finance Trading Up 0.3 %

ARI opened at $10.01 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 51.19 and a quick ratio of 51.19. The company’s 50 day simple moving average is $9.32 and its two-hundred day simple moving average is $9.32. Apollo Commercial Real Estate Finance, Inc. has a 1-year low of $8.44 and a 1-year high of $11.64. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of -10.53 and a beta of 1.74.

Apollo Commercial Real Estate Finance (NYSE:ARI) last released its earnings results on Monday, February 10th. The real estate investment trust reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a negative net margin of 39.40% and a positive return on equity of 9.37%. Analysts expect that Apollo Commercial Real Estate Finance, Inc. will post 0.63 EPS for the current fiscal year.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 10.00%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently -105.26%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ARI. Keefe, Bruyette & Woods decreased their price target on shares of Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating on the stock in a research note on Tuesday, January 14th. StockNews.com raised shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Saturday, February 15th. Finally, UBS Group raised their price target on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $9.08.

Institutional Trading of Apollo Commercial Real Estate Finance

A number of hedge funds and other institutional investors have recently made changes to their positions in ARI. Nomura Holdings Inc. acquired a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter worth approximately $31,684,000. Norges Bank acquired a new stake in shares of Apollo Commercial Real Estate Finance during the 4th quarter worth approximately $3,360,000. JPMorgan Chase & Co. increased its holdings in shares of Apollo Commercial Real Estate Finance by 130.1% during the 4th quarter. JPMorgan Chase & Co. now owns 480,852 shares of the real estate investment trust’s stock worth $4,164,000 after buying an additional 271,908 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Apollo Commercial Real Estate Finance by 14.9% during the 4th quarter. Northern Trust Corp now owns 1,745,469 shares of the real estate investment trust’s stock worth $15,116,000 after buying an additional 226,399 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its holdings in shares of Apollo Commercial Real Estate Finance by 72.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 468,335 shares of the real estate investment trust’s stock worth $4,304,000 after buying an additional 196,122 shares during the last quarter. Institutional investors and hedge funds own 54.43% of the company’s stock.

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.