Institutionals Holders Overview For Ares Commercial Real Estate Corporation (ACRE)

Ares Commercial Real Estate Corporation (NYSE:ACRE) is at least 19.98% than its current record low price of $11.96. There was a 2.94% gain on 01/11/2019 that led the price to move at $14.35. At recent session, the prices were hovering between $14.12 and $14.59. This company shares are 2.51% off its target price of $14.71 and the current market capitalization stands at $400.08M. The recent change has given its price a 2.56% lead over SMA 50 and -2.83% deficit over its 52-week high. The stock witnessed 1.13% gains, 4.59% gains and 1.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ACRE’s volatility during a week at 2.57% and during a month it has been found around 2.62%.

Ares Commercial Real Estate Corporation (ACRE) Top Holders

Institutional investors currently hold around $262 million or 65.1% in ACRE stock. Look at its top three institutional owners. Blackrock Inc. owns $38.44 million in Ares Commercial Real Estate Corporation, which represents roughly 9.61% of the company’s market cap and approximately 14.67% of the institutional ownership. Similar statistics are true for the second largest owner, Boston Partners, which owns 2,266,542 shares of the stock are valued at $32.53 million. The third largest holder is Delphi Financial Group, Inc., which currently holds $21.09 million worth of this stock and that ownership represents nearly 5.27% of its market capitalization.

Ares Commercial Real Estate Corporation 13F Filings

At the end of September reporting period, 52 institutional holders increased their position in Ares Commercial Real Estate Corporation (NYSE:ACRE) by some 1,407,426 shares, 43 decreased positions by 1,161,236 and 17 held positions by 15,679,895. That puts total institutional holdings at 18,248,557 shares, according to SEC filings. The stock grabbed 4 new institutional investments totaling 1,770 shares while 11 institutional investors sold out their entire positions totaling 316,386 shares.

Ares Commercial Real Estate Corporation (NYSE:ACRE) Insider Trades

Multiple company employees have indulged in significant insider trading. Ares Commercial Real Estate Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Henderson James Alan has sold 13,618 shares of Ares Commercial Real Estate Corporation (ACRE) in trading session dated Dec. 12, 2018. These shares are worth $193,784 and were traded at $14.23 each. The SEC filing shows that Benjamin William Stephen performed a purchase of 12,715 shares. The Director added these shares by way of transaction on Mar. 07, 2018. The company’s shares were assimilated at $12.32 per share worth to an investment of some $156,649 on account of Benjamin William Stephen.

Interim Co-Chief Exec Officer, Rosen Robert L, purchased 10,000 common shares of Ares Commercial Real Estate Corporation (ACRE) in the open market. In a transaction dated May. 10, 2017, the shares were bought at an average price of $13.04, giving away a sum of $130,400. After this purchase, 66,002 common shares of ACRE are directly owned by the insider, with total stake valued at $947,129.

In the transaction dated May. 09, 2017, the great number of shares acquired came courtesy the Director; Arougheti Michael J added a total of 30,000 shares at an average price of $13.16, amounting to approximately $394,800. The insider now directly owns 352,776 shares worth $5,062,336.

Ares Commercial Real Estate Corporation (ACRE) Analyst Guide

Several analysts have released their opinion on Ares Commercial Real Estate Corporation (NYSE:ACRE), with 2 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.29 average brokerage recommendation.