UBS Group Has Lowered Expectations for Apollo Commercial Real Estate Finance (NYSE:ARI) Stock Price

Apollo Commercial Real Estate Finance (NYSE:ARI) had its target price lowered by stock analysts at UBS Group from $10.00 to $9.50 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s target price would suggest a potential upside of 4.51% from the company’s current price.

A number of other research analysts have also issued reports on ARI. StockNews.com lowered shares of Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a report on Monday, November 4th. JPMorgan Chase & Co. reduced their target price on shares of Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating on the stock in a report on Thursday, October 17th. Finally, BTIG Research started coverage on shares of Apollo Commercial Real Estate Finance in a report on Friday, July 19th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, Apollo Commercial Real Estate Finance has a consensus rating of “Hold” and a consensus target price of $9.63.

Apollo Commercial Real Estate Finance Price Performance

NYSE ARI traded down $0.02 during trading hours on Friday, reaching $9.09. The company’s stock had a trading volume of 184,540 shares, compared to its average volume of 949,785. The stock has a market cap of $1.26 billion, a PE ratio of -9.88 and a beta of 1.75. The company has a debt-to-equity ratio of 0.67, a quick ratio of 46.13 and a current ratio of 46.13. The company’s 50-day moving average is $9.20 and its two-hundred day moving average is $9.87. Apollo Commercial Real Estate Finance has a fifty-two week low of $8.52 and a fifty-two week high of $12.74.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ARI. Triad Wealth Partners LLC purchased a new position in shares of Apollo Commercial Real Estate Finance during the 2nd quarter worth about $43,000. Future Financial Wealth Managment LLC purchased a new position in Apollo Commercial Real Estate Finance in the third quarter valued at approximately $44,000. EverSource Wealth Advisors LLC purchased a new position in Apollo Commercial Real Estate Finance in the second quarter valued at approximately $59,000. KBC Group NV raised its holdings in Apollo Commercial Real Estate Finance by 57.7% in the third quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 2,562 shares during the period. Finally, Quest Partners LLC raised its holdings in Apollo Commercial Real Estate Finance by 7,689.4% in the second quarter. Quest Partners LLC now owns 9,581 shares of the real estate investment trust’s stock valued at $94,000 after buying an additional 9,458 shares during the period. 54.43% of the stock is currently owned by hedge funds and other institutional investors.

Apollo Commercial Real Estate Finance Company Profile

Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that 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 United Kingdom, and Europe.