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.


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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.

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