Ares Commercial Real Estate Corp’s Sentiment
“Big money sentiment for Ares Commercial Real Estate Corp (NYSE:ACRE) in 2018 Q4 increased to 1.97, SEC filings reveal. So its up 0.65, from 2018Q3’s 1.32. 63 investment managers opened new and increased holdings, while 32 sold and reduced holdings in Ares Commercial Real Estate Corp so the sentiment is more positive. These funds own 17.89 million shares, that’s up from 17.51 million shares in 2018Q3. Funds holding Ares Commercial Real Estate Corp in top 10 was flat from 1 to 1 for the same number . In total 4 funds closed positions, 28 reduced and 41 increased. Also 22 funds bought new Ares Commercial Real Estate Corp stakes.
Most Ares Commercial Real Estate Corp Investors
Delphi Management Inc Ma owns 160,274 shares in Ares Commercial Real Estate Corp as of 2018 Q4. As of 2018 Q4, 117,600 shares of Ares Commercial Real Estate Corp are owned by Beck Capital Management Llc. Greenwich Investment Management Inc. reported 78,535 shares. The Virginia-based fund Yorktown Management & Research Co Inc have invested about 0.99% of the investment manager’s stock portfolio in Ares Commercial Real Estate Corp. The Illinois-based fund Bard Associates Inc holds 128,650 shares or 0.97% of their stocks portfolio.
Ares Commercial Real Estate Corporation, a specialty finance company, originates and invests in commercial real estate loans and related investments in the United States.The firm is worth $436.87 million. It provides a range of financing solutions for commercial real estate owners and operators.11.33 is the P/E ratio. The firm originates senior mortgage loans, as well as subordinate financings, mezzanine debt, and preferred equity.
Ticker’s shares touched $15.3 during the last trading session after 2.20% change.Ares Commercial Real Estate Corporation has 316,672 shares volume, 57.41% up from normal. ACRE is uptrending and has moved 23.60% since March 12, 2018. ACRE outperformed the S&P 500 by 19.23%.
On May, 7 WallStreet anticipated Ares Commercial Real Estate Corporation (NYSE:ACRE)’s earnings release, Zacks reports. Last year’s EPS was $0.33, while now analysts expect change of 0.00 % from current $0.33 EPS. ACRE’s profit could hit $9.42 million with 11.59 P/E in case $0.33 EPS is announced. Analysts at Wall Street see Ares Commercial Real Estate Corporation’s -10.81 % negative EPS growth compared to $0.37 EPS for previous quarter.
California-based First Republic Management has invested 0% in Ares Commercial Real Estate Corporation (NYSE:ACRE). Federated Investors Pa has 0% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE). Acadian Asset Limited Liability holds 999,006 shs. Thrivent For Lutherans invested in 148,630 shs or 0.01% of the stock. Strs Ohio holds 0% of its capital in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 7,200 shs. Sg Americas holds 42,558 shs or 0% of its capital. Ameritas Investment Prns Inc has 0% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 2,562 shs. 20,218 were reported by Hightower Advsrs Ltd Liability. State Board Of Administration Of Florida Retirement has invested 0% of its capital in Ares Commercial Real Estate Corporation (NYSE:ACRE). Bessemer Grp Inc invested in 65,000 shs. Northern holds 0% or 322,485 shs. 128,650 are held by Bard Associates. Prudential Financial Inc holds 0% of its capital in Ares Commercial Real Estate Corporation (NYSE:ACRE) for 26,289 shs. Raymond James And Associate has 17,996 shs for 0% of their capital. Moreover, Boston has 0.04% invested in Ares Commercial Real Estate Corporation (NYSE:ACRE).
Ares Commercial Real Estate Corporation registered $143,745 net activity with 1 insider buy and 1 sale since December 12, 2018. The insider Benjamin William Stephen bought 3,300 shs worth $50,039.
Ares Commercial Real Estate Corporation (NYSE:ACRE) Ratings Coverage
In total 4 analysts cover Ares Commercial Real (NYSE:ACRE). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. 7 are the (NYSE:ACRE)’s analyst reports since October 9, 2018 according to StockzIntelligence Inc. On Monday, March 11 the firm earned “Hold” rating by Credit Suisse. On Friday, January 11 the rating was upgraded by Raymond James to “Strong Buy”. On Wednesday, October 24 JP Morgan maintained Ares Commercial Real Estate Corporation (NYSE:ACRE) rating. JP Morgan has “Neutral” rating and $14.5 target. On Thursday, February 21 the firm has “Buy” rating by BTIG Research given.
For more Ares Commercial Real Estate Corporation (NYSE:ACRE) news posted briefly go to: Bizjournals.com, Bizjournals.com, Benzinga.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “DR Horton plans Katy community next to its Ventana Lakes development – Houston Business Journal” posted on February 25, 2019, “Three Orlando retail projects create room for potential new-to-downtown tenants like McDonalds (NYSE: MCD) or Dollar General – Orlando Business Journal” on February 26, 2019, “Berkshire Hathaway Inc. (NYSE:BRK-A), (CBRE) – Growing Forth Worth Logistics Hub Among BNSF’s Capital Spending Plans For 2019 – Benzinga” with a publish date: February 21, 2019, “Financial Sector Update for 03/11/2019: EVOP,CNOB,TRNO – Nasdaq” and the last “Ares Commercial Real Estate (ACRE) Investor Presentation – Slideshow – Seeking Alpha” with publication date: September 27, 2018.
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