How Apollo Commercial Real Est. Finance Inc (ARI) Stacks Up Against Its Peers

Because Apollo Commercial Real Est. Finance Inc (NYSE:ARI) has weathered declining sentiment from the smart money, it’s safe to say that there is a sect of hedge funds who were dropping their entire stakes last quarter. Interestingly, Arthur Wrubel’s Wesley Capital Management cashed in the biggest stake of the 700 funds followed by Insider Monkey, comprising close to $8.8 million in stock, and John Overdeck and David Siegel’s Two Sigma Advisors was right behind this move, as the fund dumped about $5.8 million worth of shares.

Let’s now take a look at hedge fund activity in other stocks similar to Apollo Commercial Real Est. Finance Inc (NYSE:ARI). We will take a look at Rogers Corporation (NYSE:ROG), Clearwater Paper Corp (NYSE:CLW), Irsa Inversiones y Rprsntcins SA (ADR) (NYSE:IRS), and Analogic Corporation (NASDAQ:ALOG). This group of stocks’ market values match ARI’s market value.

As you can see these stocks had an average of 13.25 hedge funds with bullish positions and the average amount invested in these stocks was $85 million. That figure was $9 million in ARI’s case. Rogers Corporation (NYSE:ROG) is the most popular stock in this table. On the other hand Analogic Corporation (NASDAQ:ALOG) is the least popular one with only 9 bullish hedge fund positions. Compared to these stocks Apollo Commercial Real Est. Finance Inc (NYSE:ARI) is even less popular than ALOG. Considering that hedge funds aren’t fond of this stock in relation to other companies analyzed in this article, it may be a good idea to analyze it in detail and understand why the smart money isn’t behind this stock. This isn’t necessarily bad news. Although it is possible that hedge funds may think the stock is overpriced and view the stock as a short candidate, they may not be very familiar with the bullish thesis. In either case more research is warranted.