WINTON GROUP Ltd Has $676,000 Holdings in Apollo Commercial Real Estate Finance $ARI

WINTON GROUP Ltd grew its position in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) by 349.6% in the 3rd quarter, Holdings Channel reports. The firm owned 66,700 shares of the real estate investment trust’s stock after acquiring an additional 51,864 shares during the quarter. WINTON GROUP Ltd’s holdings in Apollo Commercial Real Estate Finance were worth $676,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its stake in shares of Apollo Commercial Real Estate Finance by 8,029.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 36,990 shares of the real estate investment trust’s stock valued at $375,000 after purchasing an additional 36,535 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Apollo Commercial Real Estate Finance by 8.8% during the third quarter. Private Advisor Group LLC now owns 28,592 shares of the real estate investment trust’s stock worth $290,000 after buying an additional 2,301 shares during the period. Barclays PLC raised its stake in Apollo Commercial Real Estate Finance by 43.5% during the third quarter. Barclays PLC now owns 537,292 shares of the real estate investment trust’s stock worth $5,443,000 after buying an additional 162,993 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Apollo Commercial Real Estate Finance by 11.3% in the third quarter. Victory Capital Management Inc. now owns 594,686 shares of the real estate investment trust’s stock valued at $6,024,000 after buying an additional 60,557 shares during the period. Finally, Fox Run Management L.L.C. lifted its holdings in Apollo Commercial Real Estate Finance by 32.9% in the third quarter. Fox Run Management L.L.C. now owns 42,282 shares of the real estate investment trust’s stock valued at $428,000 after buying an additional 10,468 shares during the period. Institutional investors and hedge funds own 54.43% of the company’s stock.

Apollo Commercial Real Estate Finance Stock Down 0.2%

Shares of Apollo Commercial Real Estate Finance stock traded down $0.03 during trading on Friday, reaching $10.32. 183,991 shares of the company traded hands, compared to its average volume of 1,300,075. The firm has a market capitalization of $1.44 billion, a PE ratio of 12.89 and a beta of 1.52. Apollo Commercial Real Estate Finance has a 1-year low of $7.70 and a 1-year high of $11.20. The company has a 50 day moving average price of $10.41 and a 200-day moving average price of $10.25. The company has a debt-to-equity ratio of 0.66, a current ratio of 96.78 and a quick ratio of 96.78.

Apollo Commercial Real Estate Finance (NYSE:ARI) last posted its quarterly earnings results on Tuesday, February 10th. The real estate investment trust reported $0.26 EPS for the quarter, hitting analysts’ consensus estimates of $0.26. Apollo Commercial Real Estate Finance had a net margin of 46.66% and a return on equity of 7.94%. The business had revenue of $73.25 million during the quarter, compared to analysts’ expectations of $46.97 million. As a group, equities research analysts expect that Apollo Commercial Real Estate Finance will post 0.63 earnings per share for the current fiscal year.

Apollo Commercial Real Estate Finance Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.25 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 9.7%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is currently 125.00%.

Insider Buying and Selling

In related news, CEO Stuart Rothstein sold 52,072 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $10.16, for a total value of $529,051.52. Following the completion of the sale, the chief executive officer directly owned 229,709 shares of the company’s stock, valued at $2,333,843.44. The trade was a 18.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.68% of the stock is owned by insiders.

Analysts Set New Price Targets

ARI has been the topic of a number of research analyst reports. Zacks Research cut shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 19th. Wall Street Zen downgraded Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of Apollo Commercial Real Estate Finance in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods raised their target price on Apollo Commercial Real Estate Finance from $10.75 to $11.50 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Apollo Commercial Real Estate Finance presently has a consensus rating of “Hold” and an average target price of $11.00.

Apollo Commercial Real Estate Finance Company Profile

Apollo Commercial Real Estate Finance, Inc (NYSE: ARI) is a real estate finance company structured as a real estate investment trust (REIT). The company focuses on originating, acquiring and managing a diversified portfolio of commercial real estate debt and preferred equity investments. As an externally managed vehicle, ARI leverages the expertise and resources of an affiliate of Apollo Global Management, a leading global alternative investment manager.

ARI’s investment strategy is centered on providing first mortgage loans, mezzanine debt financing, bridge loans and preferred equity across a broad range of property types, including office, retail, industrial and multifamily assets.