06 September, 2017
The stock tapped a 52-week high of US$11.65 while the mean 12-month price target for the shares is US$12.69. The Buckingham Capital Management Inc holds 31,821 shares with $23.86M value, up from 30,520 last quarter. Microsoft Corp now has $569.50B valuation. The 50 day moving average was down $-0.12 whereas the 200 day moving average was down $-0.29 or -2.19%. About shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since September 4, 2016 and is uptrending. It has underperformed by 2.53% the S&P500. Hillsdale Inv Management Inc owns 0.12% invested in Ares Commercial Real Estate Corp (NYSE:ACRE) for 40,300 shares. As of quarter end Ubs Group Ag had sold 2,577 shares trimming its holdings by 32.0%. (ARI)'s stock rose 2.36%. Neuberger Berman Group LLC now holds 423,005 shares worth $5,537,000.
The most current P/E ratio is 9.33 and the market value is 370.96M. Finance Inc (ARI) has risen 17.10% since September 3, 2016 and is uptrending. It has outperformed by 105.56% the S&P500. "Sells 37,500 Shares of Ares Commercial Real Estate Corporation (NYSE:ACRE)" was first reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.
Want to see what other hedge funds are holding ARI? Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The stock of Cleveland-Cliffs Inc (NYSE:CLF) has "Equal-Weight" rating given on Monday, November 14 by Morgan Stanley. The firm has "Market Perform" rating given on Thursday, October 13 by Wells Fargo. The rating was maintained by Keefe Bruyette & Woods with "Hold" on Wednesday, June 7.
Investors sentiment increased to 1.07 in Q4 2016. Its up 0.53, from 1.76 in 2016Q3. Hancock Holding Co. lifted its stake in shares of Ares Commercial Real Estate Corporation by 26.0% during the 1st quarter. 35 funds opened positions while 58 raised stakes.
Shares of The Cooper Companies, Inc. Alliancebernstein Lp invested in 798,366 shares or 0.01% of the stock. The other 1, though not evenly; between analysts who think you should buy Apollo Commercial Real Estate Finance, Inc. versus those who think you should sell it. SKINNER JAMES E bought $25,047 worth of Ares Commercial Real Estate Corp (NYSE:ACRE) on Tuesday, March 14. Finance Inc (NYSE:ARI). Clearbridge Investments Ltd reported 0% of its portfolio in Apollo Commercial Real Est. Thrivent For Lutherans owns 13,367 shares or 0% of their United States portfolio.
Yet another important factor while evaluating a good buy/sell decision for Apollo Commercial Real Estate Finance, Inc. Finance Inc (NYSE:ARI) for 36,121 shares. Clough Capital Partners L P increased its stake in Ares Commercial Real Estate Corporation by 75.8% during the first quarter. Finance Inc (NYSE:ARI) or 2,151 shares.
Neuberger Berman Group LLC grew its position by buying 1,275 shares an increase of 0.3%. Bessemer accumulated 63,400 shares. Proshares Tr (NOBL) was raised too. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company's stock. Therefore 71% are positive. The firm earned "Buy" rating on Friday, July 24 by Axiom Capital. The stock of Cleveland-Cliffs Inc (NYSE:CLF) earned "Sell" rating by Axiom Capital on Friday, August 21. On Thursday, July 30 the stock rating was upgraded by Jefferies to "Buy". Equity research analysts have forecasted the stock level. The ex-dividend date is Thursday, September 28th. Stifel Nicolaus maintained the shares of ORCL in report on Friday, December 16 with "Buy" rating. Rosenblatt maintained it with "Buy" rating and $5800 target in Thursday, June 22 report.
Several other institutional investors have also added to or reduced their stakes in ARI. Whittier Tru reported 432,495 shares or 0.71% of all its holdings. Boston Private Wealth Lc owns 300,876 shares. The California-based Schwab Charles Inv has invested 0.03% in Cleveland-Cliffs Inc (NYSE:CLF). The stock of Amazon.com, Inc.
Since April 28, 2017, it had 6 insider buys, and 0 sales for $1.43 million activity. Tiaa Cref Tru Fsb Mo invested in 0.16% or 521,284 shares. 33,703 were reported by Jane Street Gp Llc. Cleararc Inc owns 72,804 shares.
ACRE has been the subject of a number of research analyst reports. In the latest earnings report the EPS was $1.39 and is expected to be $1.05 for the current year with 28,557,000 shares now outstanding.
