Aperio Group LLC decreased its holdings in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) by 10.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 74,800 shares of the real estate investment trust’s stock after selling 8,729 shares during the quarter. Aperio Group LLC owned approximately 0.07% of Apollo Commercial Real Estate Finance worth $1,355,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ARI. PNC Financial Services Group Inc. boosted its holdings in Apollo Commercial Real Estate Finance by 10.9% during the second quarter. PNC Financial Services Group Inc. now owns 7,799 shares of the real estate investment trust’s stock worth $144,000 after purchasing an additional 765 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in Apollo Commercial Real Estate Finance by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 8,076 shares of the real estate investment trust’s stock worth $150,000 after purchasing an additional 1,196 shares during the last quarter. Security National Trust Co. boosted its holdings in Apollo Commercial Real Estate Finance by 40.0% during the second quarter. Security National Trust Co. now owns 8,400 shares of the real estate investment trust’s stock worth $156,000 after purchasing an additional 2,400 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Apollo Commercial Real Estate Finance by 42.6% during the second quarter. Advisors Asset Management Inc. now owns 8,455 shares of the real estate investment trust’s stock worth $157,000 after purchasing an additional 2,524 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Apollo Commercial Real Estate Finance during the second quarter worth $172,000. Institutional investors and hedge funds own 64.68% of the company’s stock.

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Shares of Apollo Commercial Real Estate Finance (NYSE:ARI) opened at $18.33 on Friday. The company has a market cap of $1,951.75, a price-to-earnings ratio of 9.69 and a beta of 0.63. The company has a debt-to-equity ratio of 0.83, a current ratio of 291.34 and a quick ratio of 291.34. Apollo Commercial Real Estate Finance has a 12 month low of $16.46 and a 12 month high of $19.92.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.05. The firm had revenue of $71.24 million during the quarter, compared to analysts’ expectations of $66.40 million. Apollo Commercial Real Estate Finance had a net margin of 86.07% and a return on equity of 10.32%. The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 earnings per share. equities research analysts expect that Apollo Commercial Real Estate Finance will post 1.61 EPS for the current year.

ARI has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Wednesday, October 25th. Royal Bank Of Canada reiterated a “buy” rating and issued a $19.00 price target on shares of Apollo Commercial Real Estate Finance in a research note on Thursday, July 20th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Apollo Commercial Real Estate Finance presently has a consensus rating of “Hold” and a consensus target price of $19.33.

About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. 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.

Institutional Ownership by Quarter for Apollo Commercial Real Estate Finance (NYSE:ARI)

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