Apollo Global Management Inc. $APO Stake Raised by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its holdings in Apollo Global Management Inc. (NYSE:APO) by 23.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,324 shares of the financial services provider’s stock after buying an additional 7,580 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Apollo Global Management were worth $5,374,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Fortress Financial Solutions LLC boosted its position in Apollo Global Management by 1.6% during the 2nd quarter. Fortress Financial Solutions LLC now owns 4,561 shares of the financial services provider’s stock worth $647,000 after acquiring an additional 74 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of Apollo Global Management by 44.0% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 252 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 77 shares in the last quarter. Cynosure Group LLC lifted its holdings in Apollo Global Management by 2.6% in the third quarter. Cynosure Group LLC now owns 3,385 shares of the financial services provider’s stock worth $451,000 after purchasing an additional 85 shares during the period. SOA Wealth Advisors LLC. grew its position in Apollo Global Management by 8.5% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 1,169 shares of the financial services provider’s stock valued at $156,000 after buying an additional 92 shares in the last quarter. Finally, Tower Wealth Partners Inc. increased its stake in Apollo Global Management by 4.7% during the 2nd quarter. Tower Wealth Partners Inc. now owns 2,086 shares of the financial services provider’s stock valued at $296,000 after buying an additional 94 shares during the period. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Apollo Global Management

In other Apollo Global Management news, CFO Martin Kelly sold 6,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $131.41, for a total transaction of $788,460.00. Following the completion of the sale, the chief financial officer directly owned 325,604 shares of the company’s stock, valued at approximately $42,787,621.64. This represents a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 8.50% of the company’s stock.

Apollo Global Management Price Performance

Shares of NYSE:APO opened at $136.30 on Monday. The company has a market capitalization of $79.11 billion, a PE ratio of 19.93, a price-to-earnings-growth ratio of 1.22 and a beta of 1.59. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.49 and a current ratio of 1.49. The stock has a fifty day moving average of $140.96 and a 200-day moving average of $137.78. Apollo Global Management Inc. has a one year low of $102.58 and a one year high of $174.91.

Apollo Global Management Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were paid a $0.51 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $2.04 dividend on an annualized basis and a yield of 1.5%. Apollo Global Management’s dividend payout ratio (DPR) is currently 29.82%.

Analysts Set New Price Targets

APO has been the topic of a number of recent analyst reports. Evercore ISI boosted their price target on shares of Apollo Global Management from $145.00 to $155.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. BMO Capital Markets set a $136.00 target price on Apollo Global Management and gave the stock a “market perform” rating in a report on Tuesday, November 25th. Wolfe Research restated an “outperform” rating on shares of Apollo Global Management in a research report on Wednesday, January 7th. UBS Group lowered their price target on Apollo Global Management from $186.00 to $182.00 and set a “buy” rating on the stock in a research report on Tuesday, January 13th. Finally, TD Cowen reissued a “buy” rating on shares of Apollo Global Management in a research note on Tuesday, November 25th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $165.62.

Apollo Global Management Profile

Apollo Global Management, Inc (NYSE: APO) is a global alternative investment manager that specializes in private equity, credit and real assets. The firm originates, invests in and manages a broad set of strategies across distressed and opportunistic credit, direct lending, structured credit, buyouts and real estate. Apollo provides investment management and advisory services to institutional clients and individual investors through pooled funds, separate accounts and publicly listed investment vehicles.

Its private equity business pursues control and non-control investments across industries, often focusing on complex or distressed situations where operational improvement and capital solutions can create value.