Michael Salvati Sells 10000 Shares of Apollo Commercial Real Est

Lloyd Doyle
February 25, 2018

Hedge funds and other institutional investors own 69.01% of the company's stock. The real estate investment trust reported $0.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.02. The company has market cap of $1.98 billion. The stock increased 1.19% or $0.15 during the last trading session, reaching $12.73. About 1.05 million shares traded. Finance Inc has a 1-year low of $17.56 and a 1-year high of $19.92. Douglas Dynamics, Inc. (NYSE:PLOW) has risen 44.70% since February 24, 2017 and is uptrending. It has outperformed by 28.00% the S&P500.

Benjamin A. Smith decreased its stake in Kar Auction Svcs Inc (KAR) by 52.73% based on its latest 2017Q3 regulatory filing with the SEC. Gilman Hill Asset Management Llc sold 9,688 shares as Douglas Dynamics Inc (PLOW)'s stock declined 13.35%. State Treasurer State of MI now owns 3,714,968 shares of the real estate investment trust's stock valued at $68,541,000 after purchasing an additional 734,200 shares in the last quarter. The median estimate represents a -1.75% increase from the last price. About 220,075 shares traded. KAR Auction Services, Inc. (NYSE:KAR) has risen 7.49% since February 24, 2017 and is uptrending. It has underperformed by 9.21% the S&P500. Therefore 43% are positive. Jefferies maintained KAR Auction Services, Inc. Stephens maintained KAR Auction Services, Inc. (NYSE:KAR) rating on Tuesday, January 16. Brokerage firms on the street have price targets on the name ranging from $17 to $19 based on 5 opinions. Goldman Sachs downgraded KAR Auction Services, Inc. (NYSE:ARI)'s Buy count is 0 and Strong Buy is 0 while the number of analysts recommending Sell and Strong Sell are 0 and 3, respectively. The firm has "Buy" rating by Sidoti given on Monday, February 27. Finance stock in a transaction that occurred on Wednesday, February 21st. Stephens downgraded KAR Auction Services, Inc. The rating was maintained by Citigroup with "Buy" on Thursday, August 11. Bancshares Of Mellon Corporation holds 0% or 352,000 shares. The company was maintained on Monday, September 11 by Jefferies. "Finance Inc (ARI) Shares Bought by Aperio Group LLC" was first reported by Enterprise Leader and is the sole property of of Enterprise Leader. Its up 0.32, from 0.88 in 2017Q2. Vanguard reported 976,941 shares. Financial Bank Of Montreal Can accumulated 0.01% or 161,585 shares. Amer Interest Gru Inc has invested 0% of its portfolio in Douglas Dynamics, Inc. (NYSE:ARI) to report earnings on May, 1. The company has market cap of $363.61 million. Legal General Gp Public Limited Co has 6,134 shares for 0% of their portfolio. (NYSE:PLOW). Morgan Stanley holds 39,692 shares. Yorktown Management & Research Co Inc owns 550,000 shares or 2.61% of their USA portfolio. Bogle Investment Management LP De holds 0.65% or 199,407 shares. (NYSE:PLOW). Silvercrest Asset Mgmt Group Incorporated Ltd Liability Corp invested in 681,501 shares. Pitcairn Company has 0.04% invested in KAR Auction Services, Inc.

A number of other large investors have also recently modified their holdings of the business. It improved, as 12 investors sold ARI shares while 35 reduced holdings. Finance Inc will post 1.81 EPS for the current fiscal year. Atlantic Lc holds 105,434 shares or 0.01% of its portfolio. Martingale Asset Mngmt Limited Partnership owns 53,314 shares.

Separately, Zacks Investment Research lowered shares of Apollo Commercial Real Est.


Ares Commercial Real Estate (NYSE ACRE) opened at $12.73 on Wednesday. Year to date performance remained at -0.7%. It provides a range of financing solutions for commercial real estate owners and operators. Municipal Employees Retirement System of MI lifted its position in shares of Apollo Commercial Real Est. Apollo Commercial Real Estate (NYSE:ARI)'s price sits -0.3% off from its SMA 50 of $18.22 and -0.07% away from the SMA 200 which is at $18.27. (NYSE:ARI) for 58,422 shares. Commonwealth Equity Serv Inc has invested 0% in Apollo Commercial Real Estate Finance, Inc. APG Asset Management N.V. acquired a new stake in shares of Apollo Commercial Real Est. (NYSE:ARI) for 71,516 shares.

Aperio Group LLC raised its position in shares of Apollo Commercial Real Est. Global X MANAGEMENT CO LLC increased its stake in Apollo Commercial Real Est. The business's quarterly revenue was up 29.1% on a year-over-year basis. equities research analysts anticipate that Apollo Commercial Real Est. Finally, Bank of New York Mellon Corp grew its position in Apollo Commercial Real Est. Keefe Bruyette & Woods maintained it with "Hold" rating and $1800 target in Thursday, July 20 report. 15,593 shares were sold by Janik James L, worth $586,923 on Thursday, December 14. (NASDAQ:PLCE) earned "Outperform" rating by Wolfe Research on Friday, November 18. The stock has "Hold" rating by Keefe Bruyette & Woods on Wednesday, June 7.

In other Apollo Commercial Real Est. (NYSE:ARI) earned "Market Perform" rating by Wells Fargo on Thursday, October 13. The stock has "Hold" rating by Keefe Bruyette & Woods on Tuesday, October 10. As per Wednesday, January 6, the company rating was maintained by Keefe Bruyette & Woods.

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