Fuller & Thaler Asset Management Inc. Increases Holdings in Apollo Commercial Real Estate Finance (ARI)

Fuller & Thaler Asset Management Inc. raised its position in shares of Apollo Commercial Real Estate Finance (NYSE:ARI) by 0.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,551,945 shares of the real estate investment trust’s stock after purchasing an additional 22,739 shares during the period. Fuller & Thaler Asset Management Inc. owned 4.25% of Apollo Commercial Real Estate Finance worth $82,436,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Apollo Commercial Real Estate Finance by 100.9% during the second quarter. Vanguard Group Inc. now owns 7,216,049 shares of the real estate investment trust’s stock valued at $133,857,000 after purchasing an additional 3,624,657 shares during the period. State Street Corp boosted its holdings in shares of Apollo Commercial Real Estate Finance by 36.4% in the second quarter. State Street Corp now owns 2,410,961 shares of the real estate investment trust’s stock worth $44,728,000 after acquiring an additional 643,910 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Apollo Commercial Real Estate Finance by 0.8% in the third quarter. Bank of New York Mellon Corp now owns 1,266,644 shares of the real estate investment trust’s stock worth $22,938,000 after acquiring an additional 10,672 shares during the period. Northern Trust Corp boosted its holdings in shares of Apollo Commercial Real Estate Finance by 15.9% in the second quarter. Northern Trust Corp now owns 1,126,138 shares of the real estate investment trust’s stock worth $20,890,000 after acquiring an additional 154,330 shares during the period. Finally, Global X MANAGEMENT CO LLC boosted its holdings in shares of Apollo Commercial Real Estate Finance by 5.2% in the third quarter. Global X MANAGEMENT CO LLC now owns 1,094,934 shares of the real estate investment trust’s stock worth $19,829,000 after acquiring an additional 54,097 shares during the period. 64.50% of the stock is owned by institutional investors and hedge funds.

Separately, Zacks Investment Research raised Apollo Commercial Real Estate Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $19.33.

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Shares of Apollo Commercial Real Estate Finance (ARI) traded up $0.08 during mid-day trading on Tuesday, hitting $18.58. The company had a trading volume of 520,548 shares, compared to its average volume of 1,355,276. The company has a quick ratio of 291.34, a current ratio of 291.34 and a debt-to-equity ratio of 0.83. Apollo Commercial Real Estate Finance has a one year low of $16.46 and a one year high of $19.92. The stock has a market capitalization of $1,980.00, a P/E ratio of 9.79 and a beta of 0.63.

Apollo Commercial Real Estate Finance (NYSE:ARI) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.05. Apollo Commercial Real Estate Finance had a return on equity of 10.32% and a net margin of 86.07%. The company had revenue of $71.24 million for the quarter, compared to the consensus estimate of $66.40 million. During the same quarter last year, the business posted $0.45 earnings per share. The firm’s revenue was up 33.6% compared to the same quarter last year. sell-side analysts predict that Apollo Commercial Real Estate Finance will post 1.61 earnings per share for the current fiscal year.

Apollo Commercial Real Estate Finance Profile

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.

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

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