Advisors Preferred Lowers stake in Apollo Commercial Real Est. Finance Inc (ARI)

Apollo Commercial Real Est. Finance Inc (ARI) : Advisors Preferred reduced its stake in Apollo Commercial Real Est. Finance Inc by 36.67% during the most recent quarter end. The investment management company now holds a total of 14,500 shares of Apollo Commercial Real Est. Finance Inc which is valued at $230,840 after selling 8,396 shares in Apollo Commercial Real Est. Finance Inc , the firm said in a disclosure report filed with the SEC on May 12, 2016.Apollo Commercial Real Est. Finance Inc makes up approximately 0.12% of Advisors Preferred’s portfolio.

Other Hedge Funds, Including , Group One Trading added ARI to its portfolio by purchasing 1,000 company shares during the most recent quarter which is valued at $15,920.Blackrock Institutional Trust Company N.a. boosted its stake in ARI in the latest quarter, The investment management firm added 30,385 additional shares and now holds a total of 1,714,487 shares of Apollo Commercial Real Est. Finance Inc which is valued at $27.3 Million.Lsv Asset Management boosted its stake in ARI in the latest quarter, The investment management firm added 307,301 additional shares and now holds a total of 1,899,663 shares of Apollo Commercial Real Est. Finance Inc which is valued at $30.2 Million. Apollo Commercial Real Est. Finance Inc makes up approx 0.06% of Lsv Asset Management’s portfolio.Opus Capital Group boosted its stake in ARI in the latest quarter, The investment management firm added 79,020 additional shares and now holds a total of 283,220 shares of Apollo Commercial Real Est. Finance Inc which is valued at $4.5 Million. Apollo Commercial Real Est. Finance Inc makes up approx 1.00% of Opus Capital Group’s portfolio. Nisa Investment Advisors L.l.c. added ARI to its portfolio by purchasing 9,300 company shares during the most recent quarter which is valued at $148,149.

Apollo Commercial Real Est. Finance Inc opened for trading at $15.63 and hit $15.76 on the upside on Friday, eventually ending the session at $15.76, with a gain of 1.29% or 0.2 points. The heightened volatility saw the trading volume jump to 5,24,610 shares. Company has a market cap of $1,062 M.

On the company’s financial health, Apollo Commercial Real Est. Finance Inc reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.49. The company had revenue of $46.80 million for the quarter, compared to analysts expectations of $45.42 million. The company’s revenue was up 63.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Many Wall Street Analysts have commented on Apollo Commercial Real Est. Finance Inc. Apollo Commercial Real Est. Finance Inc was Downgraded by Wells Fargo to ” Underperform” on Apr 11, 2016.

Apollo Commercial Real Estate Finance Inc. is a real estate investment trust (REIT). The Company is focused primarily on originating investing in acquiring and managing performing commercial first mortgage loans subordinate financings commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments. The Company’s principal business objective is to make investments in its target assets in order to provide attractive risk adjusted returns to its stockholders over the long term primarily through dividends and secondarily through capital appreciation. The Company is externally managed and advised by ACREFI Management LLC an indirect subsidiary of Apollo Global Management LLC.

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