Inspire Investing LLC Has $400,000 Position in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Inspire Investing LLC lifted its holdings in Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,143 shares of the real estate investment trust’s stock after buying an additional 1,364 shares during the quarter. Inspire Investing LLC’s holdings in Apollo Commercial Real Estate Finance were worth $400,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of Apollo Commercial Real Estate Finance during the third quarter valued at $44,000. KBC Group NV raised its holdings in Apollo Commercial Real Estate Finance by 57.7% during the 3rd quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 2,562 shares during the last quarter. SG Americas Securities LLC acquired a new position in Apollo Commercial Real Estate Finance during the 4th quarter valued at about $93,000. Diversify Wealth Management LLC bought a new position in shares of Apollo Commercial Real Estate Finance in the 4th quarter valued at about $129,000. Finally, Algert Global LLC acquired a new stake in shares of Apollo Commercial Real Estate Finance during the 2nd quarter worth approximately $133,000. Institutional investors own 54.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ARI. Keefe, Bruyette & Woods cut their price objective 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. JPMorgan Chase & Co. decreased their price objective on Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating for the company in a research note on Thursday, October 17th. UBS Group cut their target price on Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating on the stock in a research note on Friday, November 15th. Finally, StockNews.com raised Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat, Apollo Commercial Real Estate Finance has a consensus rating of “Hold” and a consensus target price of $9.31.

Apollo Commercial Real Estate Finance Stock Up 1.5 %

Shares of Apollo Commercial Real Estate Finance stock opened at $9.07 on Tuesday. The company has a market capitalization of $1.25 billion, a P/E ratio of -9.85 and a beta of 1.74. The company has a debt-to-equity ratio of 0.67, a current ratio of 46.13 and a quick ratio of 46.13. The business has a 50-day moving average of $9.02 and a two-hundred day moving average of $9.49. Apollo Commercial Real Estate Finance, Inc. has a 1 year low of $8.44 and a 1 year high of $11.97.

Apollo Commercial Real Estate Finance Dividend Announcement

The firm 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. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 11.03%. Apollo Commercial Real Estate Finance’s payout ratio is -108.70%.

Apollo Commercial Real Estate Finance Company Profile

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.