Carroll Financial Associates Inc. Purchases 2,277 Shares of Apollo Commercial Real Est. Finance Inc (NYSE:ARI)

Carroll Financial Associates Inc. boosted its position in shares of Apollo Commercial Real Est. Finance Inc (NYSE:ARI) by 34.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,894 shares of the real estate investment trust’s stock after purchasing an additional 2,277 shares during the period. Carroll Financial Associates Inc.’s holdings in Apollo Commercial Real Est. Finance were worth $163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northern Trust Corp grew its position in Apollo Commercial Real Est. Finance by 0.5% during the fourth quarter. Northern Trust Corp now owns 1,513,433 shares of the real estate investment trust’s stock valued at $25,214,000 after purchasing an additional 8,062 shares in the last quarter. Stifel Financial Corp increased its holdings in Apollo Commercial Real Est. Finance by 11.9% in the 4th quarter. Stifel Financial Corp now owns 55,087 shares of the real estate investment trust’s stock valued at $915,000 after buying an additional 5,875 shares during the period. California State Teachers Retirement System increased its holdings in Apollo Commercial Real Est. Finance by 2.3% in the 4th quarter. California State Teachers Retirement System now owns 193,087 shares of the real estate investment trust’s stock valued at $3,217,000 after buying an additional 4,353 shares during the period. Principal Financial Group Inc. increased its holdings in Apollo Commercial Real Est. Finance by 2.2% in the 4th quarter. Principal Financial Group Inc. now owns 1,075,562 shares of the real estate investment trust’s stock valued at $17,919,000 after buying an additional 23,659 shares during the period. Finally, Two Sigma Investments LP bought a new stake in Apollo Commercial Real Est. Finance in the 4th quarter valued at $183,000. 58.93% of the stock is owned by institutional investors and hedge funds.

Apollo Commercial Real Est. Finance stock traded up $0.03 during trading hours on Friday, reaching $18.57. 1,039,500 shares of the company’s stock traded hands, compared to its average volume of 1,090,017. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 11.12 and a beta of 0.61. The firm’s 50 day moving average is $18.63 and its 200-day moving average is $18.50. The company has a debt-to-equity ratio of 0.39, a quick ratio of 44.69 and a current ratio of 44.69. Apollo Commercial Real Est. Finance Inc has a fifty-two week low of $16.41 and a fifty-two week high of $19.57.

Apollo Commercial Real Est. Finance (NYSE:ARI) last announced its earnings results on Wednesday, July 24th. The real estate investment trust reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. Apollo Commercial Real Est. Finance had a net margin of 75.64% and a return on equity of 10.22%. The firm had revenue of $84.99 million for the quarter, compared to the consensus estimate of $82.63 million. During the same period last year, the company posted $0.44 EPS. The business’s quarterly revenue was up 20.1% on a year-over-year basis. Analysts predict that Apollo Commercial Real Est. Finance Inc will post 1.71 EPS for the current year.

Separately, Zacks Investment Research lowered shares of Apollo Commercial Real Est. Finance from a “hold” rating to a “sell” rating in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.33.

Apollo Commercial Real Est. Finance Profile

Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that primarily 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 company is qualified as a REIT under the Internal Revenue Code.

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

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