Apollo Global Management LLC (NYSE:APO) CFO Martin Kelly sold 5,000 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $32.68, for a total transaction of $163,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Martin Kelly also recently made the following trade(s):

  • On Monday, February 5th, Martin Kelly sold 15,000 shares of Apollo Global Management stock. The stock was sold at an average price of $34.25, for a total transaction of $513,750.00.

Apollo Global Management LLC (NYSE APO) opened at $32.33 on Friday. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.58. The stock has a market cap of $6,257.15, a PE ratio of 10.40, a PEG ratio of 0.94 and a beta of 1.03. Apollo Global Management LLC has a twelve month low of $21.39 and a twelve month high of $37.35.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings results on Thursday, February 1st. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.55. The business had revenue of $869.50 million during the quarter, compared to the consensus estimate of $599.38 million. Apollo Global Management had a net margin of 23.92% and a return on equity of 66.33%. The business’s revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.98 EPS. analysts forecast that Apollo Global Management LLC will post 3.1 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 21st will be issued a dividend of $0.66 per share. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.39. This represents a $2.64 annualized dividend and a yield of 8.17%. The ex-dividend date of this dividend is Tuesday, February 20th. Apollo Global Management’s dividend payout ratio (DPR) is 50.16%.

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in Apollo Global Management by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,394,866 shares of the financial services provider’s stock valued at $163,950,000 after acquiring an additional 152,999 shares in the last quarter. Beck Mack & Oliver LLC increased its holdings in Apollo Global Management by 1.1% during the 4th quarter. Beck Mack & Oliver LLC now owns 3,093,673 shares of the financial services provider’s stock valued at $103,545,000 after acquiring an additional 34,943 shares in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in Apollo Global Management by 6.8% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 2,389,884 shares of the financial services provider’s stock valued at $71,936,000 after acquiring an additional 152,657 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Apollo Global Management by 56.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,233,286 shares of the financial services provider’s stock valued at $41,278,000 after acquiring an additional 443,134 shares in the last quarter. Finally, Thornburg Investment Management Inc. increased its holdings in Apollo Global Management by 1.8% during the 3rd quarter. Thornburg Investment Management Inc. now owns 1,003,908 shares of the financial services provider’s stock valued at $30,218,000 after acquiring an additional 17,490 shares in the last quarter. Hedge funds and other institutional investors own 71.76% of the company’s stock.

A number of equities analysts have commented on the stock. Keefe, Bruyette & Woods restated a “buy” rating and set a $43.00 price objective on shares of Apollo Global Management in a research report on Thursday, February 1st. Zacks Investment Research upgraded shares of Apollo Global Management from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Monday, November 6th. Jefferies Group upped their price objective on shares of Apollo Global Management from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Credit Suisse Group upped their price objective on shares of Apollo Global Management from $32.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Finally, Wells Fargo & Co reiterated an “outperform” rating and issued a $39.00 price target (up previously from $34.00) on shares of Apollo Global Management in a report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $36.33.

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Apollo Global Management Company Profile

Apollo Global Management, LLC (Apollo) is an alternative investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company’s segments include private equity, credit and real estate.

Insider Buying and Selling by Quarter for Apollo Global Management (NYSE:APO)

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