Apollo Global Management (NYSE:APO) Cut to “Sell” at StockNews.com

StockNews.com lowered shares of Apollo Global Management (NYSE:APO – Free Report) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning. APO has been the subject of a number of other research reports. Redburn Atlantic initiated coverage on Apollo Global Management in a report on Tuesday, August [...]

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StockNews.com lowered shares of Apollo Global Management ( NYSE:APO – Free Report ) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning. APO has been the subject of a number of other research reports.

Redburn Atlantic initiated coverage on Apollo Global Management in a report on Tuesday, August 27th. They set a “buy” rating and a $153.00 target price for the company.



Keefe, Bruyette & Woods upped their price target on Apollo Global Management from $159.00 to $168.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th.

UBS Group upgraded Apollo Global Management to a “hold” rating in a report on Wednesday, November 13th. Deutsche Bank Aktiengesellschaft upped their price target on Apollo Global Management from $141.00 to $155.

00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, Wells Fargo & Company upped their price target on Apollo Global Management from $149.00 to $164.

00 and gave the stock an “overweight” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.

com, the company has an average rating of “Moderate Buy” and a consensus price target of $155.05. Check Out Our Latest Stock Report on APO Apollo Global Management Stock Up 1.

5 % Apollo Global Management Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be given a dividend of $0.463 per share.

This is a positive change from Apollo Global Management’s previous quarterly dividend of $0.46. This represents a $1.

85 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Monday, November 18th.

Apollo Global Management’s dividend payout ratio is currently 19.33%. Institutional Investors Weigh In On Apollo Global Management Several institutional investors and hedge funds have recently made changes to their positions in APO.

O Shaughnessy Asset Management LLC raised its position in shares of Apollo Global Management by 27.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 19,153 shares of the financial services provider’s stock valued at $2,154,000 after acquiring an additional 4,075 shares in the last quarter.

UniSuper Management Pty Ltd raised its position in shares of Apollo Global Management by 103.6% during the 1st quarter. UniSuper Management Pty Ltd now owns 5,700 shares of the financial services provider’s stock valued at $641,000 after acquiring an additional 2,900 shares in the last quarter.

Lake Street Advisors Group LLC acquired a new stake in shares of Apollo Global Management during the 1st quarter valued at approximately $231,000. EP Wealth Advisors LLC raised its position in shares of Apollo Global Management by 12.4% during the 1st quarter.

EP Wealth Advisors LLC now owns 3,190 shares of the financial services provider’s stock valued at $359,000 after acquiring an additional 353 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its position in shares of Apollo Global Management by 60.

7% during the 1st quarter. Advisors Asset Management Inc. now owns 10,961 shares of the financial services provider’s stock valued at $1,233,000 after acquiring an additional 4,142 shares in the last quarter.

77.06% of the stock is owned by institutional investors and hedge funds. Apollo Global Management Company Profile ( Get Free Report ) Apollo Global Management, Inc is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets.

The firm prefers to invest in private and public markets. The firm’s private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Read More Receive News & Ratings for Apollo Global Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apollo Global Management and related companies with MarketBeat.

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