MAS Advisors LLC Has $342,000 Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

MAS Advisors LLC lessened its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 10.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 39,516 shares of the real estate investment trust’s stock after selling 4,649 shares during the period. MAS Advisors LLC’s holdings in Apollo Commercial Real Estate Finance were worth $342,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Future Financial Wealth Managment LLC acquired a new position in Apollo Commercial Real Estate Finance in the 3rd quarter valued at approximately $44,000. KBC Group NV increased its holdings in Apollo Commercial Real Estate Finance by 57.7% in the third quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock valued at $64,000 after purchasing an additional 2,562 shares during the period. SG Americas Securities LLC acquired a new stake in Apollo Commercial Real Estate Finance in the fourth quarter valued at $93,000. EMC Capital Management lifted its holdings in Apollo Commercial Real Estate Finance by 272.1% during the 4th quarter. EMC Capital Management now owns 14,089 shares of the real estate investment trust’s stock worth $122,000 after buying an additional 10,303 shares during the period. Finally, Diversify Wealth Management LLC bought a new stake in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at about $129,000. Institutional investors own 54.43% of the company’s stock.

Apollo Commercial Real Estate Finance Price Performance

Apollo Commercial Real Estate Finance stock opened at $9.00 on Wednesday. The stock’s 50 day moving average price is $8.98 and its two-hundred day moving average price is $9.40. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -9.78 and a beta of 1.74. The company has a debt-to-equity ratio of 0.67, a quick ratio of 46.13 and a current ratio of 46.13. Apollo Commercial Real Estate Finance, Inc. has a 52-week low of $8.44 and a 52-week high of $11.64.

Apollo Commercial Real Estate Finance Dividend Announcement

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 11.12%. The ex-dividend date of this dividend was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio is presently -108.70%.

Analyst Ratings Changes

A number of equities analysts recently commented on ARI shares. Keefe, Bruyette & Woods cut their price objective on 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. JPMorgan Chase & Co. dropped 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 research report on Thursday, October 17th. StockNews.com cut shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a research report on Wednesday, January 29th. Finally, UBS Group dropped their target price on shares of 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. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $9.31.

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.