Apple Hospitality REIT, Inc. (APLE) Shares Bought by Cetera Advisor Networks LLC, Report finds

Apple Hospitality REIT, Inc. (APLE) Shares Bought by Cetera Advisor Networks LLC, Report finds

Cetera Advisor Networks LLC raised its stake in Apple Hospitality REIT, Inc. (NYSE:APLE) by 138.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,368 shares of the company’s stock after buying an additional 20,534 shares during the period. Cetera Advisor Networks LLC’s holdings in Apple Hospitality REIT were worth $655,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Shinko Asset Management Co. Ltd. boosted its position in Apple Hospitality REIT by 20.8% in the third quarter. Shinko Asset Management Co. Ltd. now owns 9,308,009 shares of the company’s stock worth $172,291,000 after buying an additional 1,605,432 shares during the last quarter. Prudential Financial Inc. boosted its position in Apple Hospitality REIT by 515.0% in the third quarter. Prudential Financial Inc. now owns 736,090 shares of the company’s stock worth $13,625,000 after buying an additional 616,408 shares during the last quarter. Emerald Acquisition Ltd. boosted its position in Apple Hospitality REIT by 963.5% in the third quarter. Emerald Acquisition Ltd. now owns 546,538 shares of the company’s stock worth $10,120,000 after buying an additional 495,147 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Apple Hospitality REIT by 265.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 438,669 shares of the company’s stock worth $8,120,000 after buying an additional 318,473 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in Apple Hospitality REIT by 7,362.2% in the third quarter. Acadian Asset Management LLC now owns 311,921 shares of the company’s stock worth $5,773,000 after buying an additional 307,741 shares during the last quarter. Institutional investors and hedge funds own 40.94% of the company’s stock.

Apple Hospitality REIT, Inc. (NYSE:APLE) traded up 0.30% during mid-day trading on Wednesday, hitting $20.01. The company’s stock had a trading volume of 791,207 shares. The company has a market cap of $4.47 billion, a P/E ratio of 41.86 and a beta of 0.67. Apple Hospitality REIT, Inc. has a 12-month low of $17.32 and a 12-month high of $20.68. The firm’s 50-day moving average is $20.07 and its 200-day moving average is $19.16.

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 15th. Investors of record on Friday, February 3rd will be issued a $0.10 dividend. The ex-dividend date is Wednesday, February 1st. This represents a $1.20 annualized dividend and a yield of 6.00%. Apple Hospitality REIT’s dividend payout ratio (DPR) is presently 250.01%.

A number of research analysts recently weighed in on APLE shares. FBR & Co reaffirmed a “hold” rating and set a $20.00 price objective on shares of Apple Hospitality REIT in a research report on Wednesday, November 9th. Canaccord Genuity reaffirmed a “buy” rating and set a $22.00 price objective on shares of Apple Hospitality REIT in a research report on Monday, November 7th. Zacks Investment Research lowered Apple Hospitality REIT from a “hold” rating to a “sell” rating in a research report on Friday, November 11th. Finally, Robert W. Baird raised Apple Hospitality REIT from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $19.00 to $20.00 in a research report on Tuesday, November 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Apple Hospitality REIT has a consensus rating of “Hold” and a consensus price target of $19.60.

In other Apple Hospitality REIT news, Director Redd Hugh purchased 7,000 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was bought at an average price of $17.91 per share, with a total value of $125,370.00. Following the transaction, the director now directly owns 40,323 shares of the company’s stock, valued at approximately $722,184.93. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Glade M. Knight purchased 2,825 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was acquired at an average cost of $17.55 per share, with a total value of $49,578.75. Following the transaction, the insider now directly owns 10,001,882 shares in the company, valued at $175,533,029.10. The disclosure for this purchase can be found here. Insiders purchased a total of 12,825 shares of company stock valued at $227,539 in the last quarter. 6.40% of the stock is owned by insiders.

About Apple Hospitality REIT

Apple Hospitality REIT, Inc is a self-advised real estate investment trust (REIT) that invests in income-producing real estate, primarily in the lodging sector, in the United States. The Company owns hotel properties throughout the United States. The Company owns approximately 180 hotels operating in over 30 states with an aggregate of approximately 22,960 rooms.

Want to see what other hedge funds are holding APLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Hospitality REIT, Inc. (NYSE:APLE).

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Apple Hospitality REIT, Inc. (APLE) Shares Bought by Cetera Advisor Networks LLC

Apple Hospitality REIT, Inc. (APLE) Shares Bought by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC raised its stake in Apple Hospitality REIT, Inc. (NYSE:APLE) by 138.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,368 shares of the company’s stock after buying an additional 20,534 shares during the period. Cetera Advisor Networks LLC’s holdings in Apple Hospitality REIT were worth $655,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Shinko Asset Management Co. Ltd. boosted its position in Apple Hospitality REIT by 20.8% in the third quarter. Shinko Asset Management Co. Ltd. now owns 9,308,009 shares of the company’s stock worth $172,291,000 after buying an additional 1,605,432 shares during the last quarter. Prudential Financial Inc. boosted its position in Apple Hospitality REIT by 515.0% in the third quarter. Prudential Financial Inc. now owns 736,090 shares of the company’s stock worth $13,625,000 after buying an additional 616,408 shares during the last quarter. Emerald Acquisition Ltd. boosted its position in Apple Hospitality REIT by 963.5% in the third quarter. Emerald Acquisition Ltd. now owns 546,538 shares of the company’s stock worth $10,120,000 after buying an additional 495,147 shares during the last quarter. Signature Estate & Investment Advisors LLC boosted its position in Apple Hospitality REIT by 265.0% in the third quarter. Signature Estate & Investment Advisors LLC now owns 438,669 shares of the company’s stock worth $8,120,000 after buying an additional 318,473 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in Apple Hospitality REIT by 7,362.2% in the third quarter. Acadian Asset Management LLC now owns 311,921 shares of the company’s stock worth $5,773,000 after buying an additional 307,741 shares during the last quarter. Institutional investors and hedge funds own 40.94% of the company’s stock.

Apple Hospitality REIT, Inc. (NYSE:APLE) traded up 0.30% during mid-day trading on Wednesday, hitting $20.01. The company’s stock had a trading volume of 791,207 shares. The company has a market cap of $4.47 billion, a P/E ratio of 41.86 and a beta of 0.67. Apple Hospitality REIT, Inc. has a 12-month low of $17.32 and a 12-month high of $20.68. The firm’s 50-day moving average is $20.07 and its 200-day moving average is $19.16.

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 15th. Investors of record on Friday, February 3rd will be issued a $0.10 dividend. The ex-dividend date is Wednesday, February 1st. This represents a $1.20 annualized dividend and a yield of 6.00%. Apple Hospitality REIT’s dividend payout ratio (DPR) is presently 250.01%.

A number of research analysts recently weighed in on APLE shares. FBR & Co reaffirmed a “hold” rating and set a $20.00 price objective on shares of Apple Hospitality REIT in a research report on Wednesday, November 9th. Canaccord Genuity reaffirmed a “buy” rating and set a $22.00 price objective on shares of Apple Hospitality REIT in a research report on Monday, November 7th. Zacks Investment Research lowered Apple Hospitality REIT from a “hold” rating to a “sell” rating in a research report on Friday, November 11th. Finally, Robert W. Baird raised Apple Hospitality REIT from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $19.00 to $20.00 in a research report on Tuesday, November 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Apple Hospitality REIT has a consensus rating of “Hold” and a consensus price target of $19.60.

In other Apple Hospitality REIT news, Director Redd Hugh purchased 7,000 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was bought at an average price of $17.91 per share, with a total value of $125,370.00. Following the transaction, the director now directly owns 40,323 shares of the company’s stock, valued at approximately $722,184.93. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Glade M. Knight purchased 2,825 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was acquired at an average cost of $17.55 per share, with a total value of $49,578.75. Following the transaction, the insider now directly owns 10,001,882 shares in the company, valued at $175,533,029.10. The disclosure for this purchase can be found here. Insiders purchased a total of 12,825 shares of company stock valued at $227,539 in the last quarter. 6.40% of the stock is owned by insiders.

About Apple Hospitality REIT

Apple Hospitality REIT, Inc is a self-advised real estate investment trust (REIT) that invests in income-producing real estate, primarily in the lodging sector, in the United States. The Company owns hotel properties throughout the United States. The Company owns approximately 180 hotels operating in over 30 states with an aggregate of approximately 22,960 rooms.

Want to see what other hedge funds are holding APLE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Hospitality REIT, Inc. (NYSE:APLE).

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