Apollo Commercial Real Estate Finance (NYSE:ARI) Cut to Sell at StockNews.com

Apollo Commercial Real Estate Finance (NYSE:ARI) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Wednesday.

Several other brokerages also recently weighed in on ARI. UBS Group cut their price target on Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating for the company in a report on Friday, November 15th. Keefe, Bruyette & Woods dropped their target price on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. decreased their price target on Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating on the stock in a research note on Thursday, October 17th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $9.31.

Apollo Commercial Real Estate Finance Price Performance

Apollo Commercial Real Estate Finance stock opened at $8.98 on Wednesday. The firm’s 50-day moving average is $9.01 and its two-hundred day moving average is $9.47. 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 stock has a market capitalization of $1.24 billion, a P/E ratio of -9.76 and a beta of 1.74. Apollo Commercial Real Estate Finance has a 12-month low of $8.44 and a 12-month high of $11.97.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Future Financial Wealth Managment LLC purchased a new stake in shares of Apollo Commercial Real Estate Finance in the third quarter worth about $44,000. KBC Group NV boosted its holdings in Apollo Commercial Real Estate Finance by 57.7% in the 3rd quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock worth $64,000 after acquiring 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 approximately $93,000. EMC Capital Management raised its stake in shares of Apollo Commercial Real Estate Finance by 272.1% during the fourth quarter. EMC Capital Management now owns 14,089 shares of the real estate investment trust’s stock valued at $122,000 after purchasing an additional 10,303 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in shares of Apollo Commercial Real Estate Finance during the fourth quarter worth $129,000. Hedge funds and other institutional investors 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.