Guggenheim Capital LLC Has $368,000 Stock Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Guggenheim Capital LLC lifted its stake in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 31.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,542 shares of the real estate investment trust’s stock after acquiring an additional 10,145 shares during the quarter. Guggenheim Capital LLC’s holdings in Apollo Commercial Real Estate Finance were worth $368,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Inspire Investing LLC increased its position in shares of Apollo Commercial Real Estate Finance by 3.0% in the fourth quarter. Inspire Investing LLC now owns 46,143 shares of the real estate investment trust’s stock valued at $400,000 after acquiring an additional 1,364 shares during the last quarter. LPL Financial LLC increased its position in shares of Apollo Commercial Real Estate Finance by 0.8% in the fourth quarter. LPL Financial LLC now owns 278,588 shares of the real estate investment trust’s stock valued at $2,413,000 after acquiring an additional 2,164 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Apollo Commercial Real Estate Finance by 9.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 25,746 shares of the real estate investment trust’s stock worth $223,000 after buying an additional 2,204 shares during the last quarter. Smartleaf Asset Management LLC increased its position in Apollo Commercial Real Estate Finance by 327.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 2,332 shares during the last quarter. Finally, AM Investment Strategies LLC increased its position in Apollo Commercial Real Estate Finance by 2.8% during the fourth quarter. AM Investment Strategies LLC now owns 111,498 shares of the real estate investment trust’s stock worth $966,000 after buying an additional 3,081 shares during the last quarter. Institutional investors and hedge funds own 54.43% of the company’s stock.

Insider Activity at Apollo Commercial Real Estate Finance

In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 52,074 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $9.99, for a total value of $520,219.26. Following the sale, the chief executive officer now owns 385,928 shares of the company’s stock, valued at approximately $3,855,420.72. This trade represents a 11.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Carmencita N.M. Whonder sold 11,000 shares of Apollo Commercial Real Estate Finance stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $9.96, for a total value of $109,560.00. Following the completion of the transaction, the director now owns 9,624 shares in the company, valued at approximately $95,855.04. The trade was a 53.34 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

Apollo Commercial Real Estate Finance Price Performance

Apollo Commercial Real Estate Finance stock opened at $9.20 on Monday. Apollo Commercial Real Estate Finance, Inc. has a 12 month low of $7.70 and a 12 month high of $11.20. The stock’s 50 day moving average is $9.36 and its 200-day moving average is $9.16. The company has a current ratio of 51.19, a quick ratio of 51.19 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -9.69 and a beta of 1.41.

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

Apollo Commercial Real Estate Finance Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 10.87%. The ex-dividend date was Monday, March 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is currently -3,333.33%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ARI. BTIG Research raised Apollo Commercial Real Estate Finance from a “neutral” rating to a “buy” rating and set a $11.00 price target on the stock in a research report on Wednesday, April 23rd. Keefe, Bruyette & Woods raised Apollo Commercial Real Estate Finance from a “market perform” rating to an “outperform” rating and set a $10.00 price target on the stock in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their price target on Apollo Commercial Real Estate Finance from $9.50 to $8.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. StockNews.com downgraded Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a research report on Wednesday, April 23rd. Finally, UBS Group lowered their price target on Apollo Commercial Real Estate Finance from $10.00 to $9.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $9.50.

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.