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pollo Commercial Real Estate Finance, Inc. (ARI) has garnered a "Reduce" rating from five covering analysts, with one sell and four hold ratings, according to Marketbeat.com. The average 12-month target price among these analysts is $9.31. Recent analyst actions include JPMorgan Chase & Co.'s downgrade of ARI's price target from $9.50 to $8.50 and a "neutral" rating on October 17th.
StockNews.com downgraded Apollo Commercial Real Estate Finance from hold to sell on January 29th, while Keefe, Bruyette & Woods reduced its price objective from $9.00 to $8.75 with a "market perform" rating on January 14th. UBS Group also lowered its target price from $10.00 to $9.50 and assigned a "neutral" rating on November 15th.
Institutional investors have been adjusting their stakes in ARI, with Hsbc Holdings PLC increasing its holdings by 22% in the second quarter. Bank of Montreal Can boosted its stake by 11.5%, while Squarepoint Ops LLC initiated a new position worth approximately $442,000. Other notable investors include AQR Capital Management LLC and The Manufacturers Life Insurance Company.
ARI's stock performance has seen it open at $8.86 on Monday, with a 50-day moving average of $8.99 and a two-hundred day moving average of $9.43. The company's debt-to-equity ratio is 0.67, quick ratio is 46.13, and current ratio is also 46.13.
Apollo Commercial Real Estate Finance recently declared a quarterly dividend of $0.25 on January 15th, representing an annualized dividend of $1.00 and a yield of 11.29%. The firm's dividend payout ratio is -108.69%.
As a real estate investment trust (REIT), Apollo Commercial Real Estate Finance operates in the United States, the UK, and Europe, originating, acquiring, investing in, and managing commercial first mortgage loans, subordinate financings, and other debt investments.
Hedge funds and institutional investors own 54.43% of ARI's stock, with a market cap of $1.22 billion, P/E ratio of -9.63, and beta of 1.74.
