Apollo Global Management (APO) Holdings Boosted by Guggenheim Capital LLC

Guggenheim Capital LLC grew its holdings in Apollo Global Management (NYSE:APO) by 12.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,865 shares of the financial services provider’s stock after purchasing an additional 5,305 shares during the quarter. Guggenheim Capital LLC’s holdings in Apollo Global Management were worth $1,636,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of APO. CDAM UK Ltd acquired a new position in Apollo Global Management in the fourth quarter worth $77,206,000. Arrowstreet Capital Limited Partnership boosted its stake in Apollo Global Management by 56.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,233,286 shares of the financial services provider’s stock worth $41,278,000 after purchasing an additional 443,134 shares in the last quarter. Hillman Co. acquired a new position in Apollo Global Management in the fourth quarter worth $9,179,000. Sei Investments Co. boosted its stake in Apollo Global Management by 67.9% in the fourth quarter. Sei Investments Co. now owns 252,022 shares of the financial services provider’s stock worth $15,741,000 after purchasing an additional 101,956 shares in the last quarter. Finally, EnTrustPermal Partners Offshore LP acquired a new position in Apollo Global Management in the fourth quarter worth $2,758,000. 70.46% of the stock is currently owned by institutional investors.

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In other Apollo Global Management news, Director Joshua Harris sold 125,000 shares of the stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $34.54, for a total value of $4,317,500.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Martin Kelly sold 15,000 shares of the stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $34.25, for a total value of $513,750.00. The disclosure for this sale can be found here. In the last three months, insiders acquired 151,280 shares of company stock worth $4,527,585 and sold 5,091,842 shares worth $173,113,138. Corporate insiders own 4.11% of the company’s stock.

Shares of APO opened at $29.43 on Friday. Apollo Global Management has a 12-month low of $24.83 and a 12-month high of $37.35. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.52. The firm has a market cap of $5,933.22, a PE ratio of 8.24, a PEG ratio of 1.17 and a beta of 1.19.

Apollo Global Management (NYSE:APO) last released its earnings results on Thursday, February 1st. The financial services provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.55. Apollo Global Management had a return on equity of 62.94% and a net margin of 23.92%. The firm had revenue of $869.50 million for the quarter, compared to analyst estimates of $599.38 million. During the same quarter in the prior year, the firm posted $0.98 earnings per share. The company’s quarterly revenue was up 26.9% on a year-over-year basis. research analysts anticipate that Apollo Global Management will post 2.32 EPS for the current fiscal year.

A number of research firms have commented on APO. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $43.00 price objective on shares of Apollo Global Management in a research note on Thursday, February 1st. ValuEngine raised Apollo Global Management from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Zacks Investment Research lowered Apollo Global Management from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Citigroup lowered Apollo Global Management from a “buy” rating to a “neutral” rating and set a $38.00 price target on the stock. in a research note on Friday, January 19th. Finally, Credit Suisse Group upped their price target on Apollo Global Management from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Monday, February 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $36.67.

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Apollo Global Management Profile

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds and mutual funds for its clients.

Institutional Ownership by Quarter for Apollo Global Management (NYSE:APO)

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