Centersquare Investment Management LLC Sells 222,840 Shares of Apple Hospitality REIT, Inc. $APLE

NodeGuardian · 2026-03-07T04:54:21+00:00

Centersquare Investment Management reduced its stake in Apple Hospitality REIT by 17.9%, retaining over 1 million shares worth $12.31 million. The REIT's recent dividend and high payout ratio raise sustainability concerns, while it reported a revenue miss and disappointing EPS.

NodeGuardian

2026-03-07 04:54:21

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Centersquare Investment Management LLC reduced its stake in Apple Hospitality REIT (NYSE:APLE) by 17.9% in the third quarter, selling 222,840 shares, though it still holds 1,024,590 shares valued at approximately $12.31 million. The REIT recently announced a monthly dividend of $0.08, but its high payout ratio of 131.51% raises questions about sustainability. Despite a slight revenue beat, Apple Hospitality REIT missed EPS estimates, reporting $0.13 versus an expected $0.29, with analysts holding a “Hold” rating and an average target price of $12.92.

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