Apollo Commercial Real Estate Finance (NYSE:ARI) has received a consensus rating of “Hold” from the six ratings firms that are presently covering the stock. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $16.75.

A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research note on Tuesday, January 31st. Bank of America Corporation downgraded shares of Apollo Commercial Real Estate Finance from a “buy” rating to a “neutral” rating in a research note on Wednesday, December 21st. Finally, TheStreet upgraded shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating in a research note on Wednesday, October 26th.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Thrivent Financial for Lutherans increased its position in shares of Apollo Commercial Real Estate Finance by 6.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 13,367 shares of the real estate investment trust’s stock worth $222,000 after buying an additional 867 shares in the last quarter. Strategic Investment Management LLC bought a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth $208,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in Apollo Commercial Real Estate Finance by 5.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 50,633 shares of the real estate investment trust’s stock worth $841,000 after buying an additional 2,659 shares during the last quarter. Focused Wealth Management Inc boosted its stake in Apollo Commercial Real Estate Finance by 7.5% in the fourth quarter. Focused Wealth Management Inc now owns 49,293 shares of the real estate investment trust’s stock worth $819,000 after buying an additional 3,445 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in Apollo Commercial Real Estate Finance during the fourth quarter worth $6,313,000. Institutional investors own 50.64% of the company’s stock.

Apollo Commercial Real Estate Finance (NYSE:ARI) traded down 0.363% during mid-day trading on Friday, hitting $17.855. 695,410 shares of the stock traded hands. The stock has a market cap of $1.44 billion, a PE ratio of 12.556 and a beta of 0.63. The company has a 50 day moving average of $17.27 and a 200-day moving average of $16.82. Apollo Commercial Real Estate Finance has a 12-month low of $15.31 and a 12-month high of $18.10.

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About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc (ARI) is a real estate investment trust (REIT). The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.

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