Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI - Get Free Report) Director Carmencita N.M. Whonder sold 11,400 shares of the business's stock in a transaction that occurred on 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 owns 20,624 shares of the company's stock, valued at $210,571.04. The trade was a 35.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Carmencita N.M. Whonder also recently made the following trade(s):
ARI traded down $0.02 during trading on Thursday, reaching $9.97. 668,021 shares of the company's stock were exchanged, compared to its average volume of 955,475. The firm has a fifty day moving average price of $9.30 and a two-hundred day moving average price of $9.33. The company has a current ratio of 51.19, a quick ratio of 51.19 and a debt-to-equity ratio of 0.67. Apollo Commercial Real Estate Finance, Inc. has a one year low of $8.44 and a one year high of $11.64. The stock has a market capitalization of $1.38 billion, a PE ratio of -10.49 and a beta of 1.74.
Apollo Commercial Real Estate Finance (NYSE:ARI - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, beating 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%. As a group, equities research analysts forecast that Apollo Commercial Real Estate Finance, Inc. will post 0.63 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 10.04%. The ex-dividend date of this dividend was Tuesday, December 31st. Apollo Commercial Real Estate Finance's dividend payout ratio is presently -105.26%.
A number of equities analysts recently issued reports on the stock. StockNews.com upgraded shares of Apollo Commercial Real Estate Finance from a "sell" rating to a "hold" rating in a research report on Saturday, February 15th. Keefe, Bruyette & Woods reduced their target price 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 report on Tuesday, January 14th. Finally, UBS Group boosted their target price on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $9.08.
View Our Latest Stock Report on Apollo Commercial Real Estate Finance
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in Apollo Commercial Real Estate Finance by 139.4% during the third quarter. Jane Street Group LLC now owns 302,388 shares of the real estate investment trust's stock worth $2,779,000 after acquiring an additional 176,101 shares in the last quarter. Barclays PLC boosted its stake in Apollo Commercial Real Estate Finance by 65.9% during the third quarter. Barclays PLC now owns 329,462 shares of the real estate investment trust's stock worth $3,028,000 after acquiring an additional 130,892 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in Apollo Commercial Real Estate Finance by 72.0% during the third quarter. Advisors Asset Management Inc. now owns 468,335 shares of the real estate investment trust's stock worth $4,304,000 after acquiring an additional 196,122 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in Apollo Commercial Real Estate Finance by 168.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 73,992 shares of the real estate investment trust's stock worth $641,000 after acquiring an additional 46,458 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in Apollo Commercial Real Estate Finance during the fourth quarter worth $93,000. 54.43% of the stock is owned by institutional investors.
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.
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