Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) CFO Jai Agarwal Sells 15,000 Shares

Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) CFO Jai Agarwal sold 15,000 shares in the company in a transaction dated Tuesday, April 27th. The shares were sold at an average price of $ 15.21 for a total transaction of $ 228,150.00.

ARI opened at $ 15.30 on Friday. Apollo Commercial Real Estate Finance, Inc. has a 52-week low of $ 8.32 and a 52-week high of $ 16.94. The company has a quick ratio of 80.75, a current ratio of 80.75, and debt of 0.59. The stock has a 50-day simple moving average of $ 15.77. The company has a market capitalization of $ 2.14 billion, a price / earnings ratio of 12.05, and a beta of 1.31.

The company also recently announced a quarterly dividend, which was paid on Thursday, July 15th. Investors registered on Wednesday June 30th received a dividend of $ 0.35 per share. The ex-dividend date of this dividend was Tuesday June 29th. This equates to an annual dividend of $ 1.40 and a dividend yield of 9.15%. The payout ratio of Apollo Commercial Real Estate Finance is currently 100.00%.

Major investors recently bought and sold shares in the company. Marshall Wace North America LP acquired a new stake in Apollo Commercial Real Estate Finance worth approximately $ 25,000 in the first quarter. Renaissance Technologies LLC increased its position in Apollo Commercial Real Estate Finance by 44.8% in the fourth quarter. Renaissance Technologies LLC now owns 555,840 shares of the real estate investment trust valued at $ 6,209,000 after purchasing an additional 172,000 shares during the reporting period. Rhumbline Advisers increased its stake in Apollo Commercial Real Estate Finance by 2.2% in the fourth quarter. Rhumbline Advisers now owns 481,426 shares in the real estate investment trust, valued at $ 5,378,000, after purchasing an additional 10,405 shares last quarter. Texas-based Teacher Retirement System bought a new position in Apollo Commercial Real Estate Finance shares valued at approximately $ 149,000 in the fourth quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Apollo Commercial Real Estate Finance for approximately $ 1,709,000 in the fourth quarter. 60.37% of the shares are owned by hedge funds and other institutional investors.

(Display)

How do you make money trading?
What secrets do professionals use to beat the market day in and day out?
Former Chicago Board Options Exchange Trader Reveals All The Insider Tricks …

ARI has been the subject of a number of recent research reports. Zacks Investment Research downgraded Apollo Commercial Real Estate Finance from a “Buy” rating to a “Hold” rating in a research release on Monday June 28th. Raymond James reiterated a “hold” rating on shares of Apollo Commercial Real Estate Finance in a research report on Monday April 26th.

Apollo Commercial Real Estate Finance company profile

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that raises, acquires, invests, and manages commercial prime mortgage loans, subordinated finance, and other commercial real estate-related debt in the United States. It is qualified as a REIT under the Internal Revenue Code.

Recommended story: what are the benefits of a portfolio tracker?

This instant news alert was generated through narrative science technology and financial data from MarketBeat to provide readers with the fastest, most accurate coverage. This story has been reviewed by the editorial staff of MarketBeat prior to publication. Please send questions or comments about this story to [email protected]

Sponsored Article: What is the total return on investing?

7 stocks of electric vehicles (EV) with real juice

I’ll start with a disclaimer. Tesla (NASDAQ: TSLA) or Nio (NYSE: NIO) do not appear in this list. And that’s not because I’m contrary. I only see Tesla and Nio as the well-known big names in the electric vehicle sector. The goal of this presentation is to help you identify stocks that may be flying below your radar.

Many EV shares went public in 2020 through a special purpose vehicle (SPAC). This story has both good and bad. The good thing is that investors have many options to invest in the EV sector. Many of the companies that have hit the market are trying to break into a specific niche.

The potentially bad news is that these stocks are very speculative by nature. While companies like Tesla and Nio have a proven (if current) track record, investors can analyze sales and orders, for example. Many of these newly listed companies urge investors to buy the story more than the stock, and that’s always risky.

In this special presentation, however, we identified seven companies whose histories are so compelling that investors should be rewarded in 2021.

Check out the “7 Electric Vehicle (EV) Stocks That Have Real Juice”.