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King Wealth lowered its stake in Ares Commercial Real Estate Co. (NYSE:ACRE – Free Report) by 58.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 52,950 shares of the real estate investment trust’s stock after selling 73,008 shares during the quarter. King Wealth […] ....
Evoke Wealth LLC purchased a new position in shares of Ares Commercial Real Estate Co. (NYSE:ACRE – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 122,000 shares of the real estate investment trust’s stock, valued at approximately $1,109,000. […] ....
Shares of Ares Commercial Real Estate Co. (NYSE:ACRE – Get Free Report) have been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. […] ....
Ares Commercial Real Estate (NYSE:ACRE – Free Report) had its target price upped by JMP Securities from $11.00 to $11.50 in a report released on Thursday morning, Marketbeat.com reports. JMP Securities currently has an outperform rating on the real estate investment trust’s stock. ACRE has been the topic of several other research reports. Raymond James […] ....
Ares Commercial Real Estate (NYSE:ACRE – Free Report) had its price objective raised by JMP Securities from $11.00 to $11.50 in a research note published on Thursday, Marketbeat reports. JMP Securities currently has an outperform rating on the real estate investment trust’s stock. Other equities analysts have also issued reports about the company. StockNews.com assumed […] ....