Public Employees Retirement System of Ohio Has $1,679,000 Stake in Apollo Commercial Real Estate Finance (ARI)

Public Employees Retirement System of Ohio continued to hold its stake in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,500 shares of the real estate investment trust’s stock at the end of the 2nd quarter. Public Employees Retirement System of Ohio owned 0.09% of Apollo Commercial Real Estate Finance worth $1,679,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Dean Capital Management grew its stake in Apollo Commercial Real Estate Finance by 73.3% in the second quarter. Dean Capital Management now owns 225,765 shares of the real estate investment trust’s stock worth $4,188,000 after purchasing an additional 95,515 shares during the period. Sterling Capital Management LLC purchased a new stake in Apollo Commercial Real Estate Finance in the second quarter worth $1,084,000. Ameritas Investment Partners Inc. grew its stake in Apollo Commercial Real Estate Finance by 17.4% in 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 period. Nomura Holdings Inc. grew its stake in Apollo Commercial Real Estate Finance by 9.4% in the second quarter. Nomura Holdings Inc. now owns 498,604 shares of the real estate investment trust’s stock worth $9,245,000 after purchasing an additional 42,931 shares during the period. Finally, California State Teachers Retirement System grew its stake in Apollo Commercial Real Estate Finance by 1.3% in the second quarter. California State Teachers Retirement System now owns 162,986 shares of the real estate investment trust’s stock worth $3,023,000 after purchasing an additional 2,154 shares during the period. 64.49% of the stock is currently owned by institutional investors.

Several equities research analysts recently weighed in on ARI shares. Royal Bank Of Canada reaffirmed 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. Zacks Investment Research raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Wednesday, October 25th. Finally, BidaskClub cut Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Apollo Commercial Real Estate Finance currently has a consensus rating of “Hold” and an average target price of $19.33.

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Shares of Apollo Commercial Real Estate Finance (NYSE ARI) opened at $18.35 on Monday. Apollo Commercial Real Estate Finance has a 12 month low of $16.41 and a 12 month high of $19.92. The company has a market capitalization of $1,965.67, a price-to-earnings ratio of 9.76 and a beta of 0.63. The company has a quick ratio of 291.34, a current ratio of 291.34 and a debt-to-equity ratio of 0.83.

Apollo Commercial Real Estate Finance (NYSE:ARI) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.05. Apollo Commercial Real Estate Finance had a return on equity of 10.32% and a net margin of 86.07%. The firm had revenue of $71.24 million for the quarter, compared to analysts’ expectations of $66.40 million. During the same period in the prior year, the firm posted $0.45 earnings per share. The company’s quarterly revenue was up 33.6% on a year-over-year basis. equities research analysts anticipate that Apollo Commercial Real Estate Finance will post 1.56 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a $0.46 dividend. The ex-dividend date was Thursday, September 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.03%. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently 100.55%.

Apollo Commercial Real Estate Finance Company Profile

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.

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

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