Shares of Apollo Global Management, Inc. (NYSE:APO – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twenty research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $164.32.
A number of analysts have recently issued reports on APO shares. TD Cowen lifted their price objective on shares of Apollo Global Management from $178.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, December 9th. BMO Capital Markets raised their price target on shares of Apollo Global Management from $157.00 to $186.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. StockNews.com downgraded shares of Apollo Global Management from a “hold” rating to a “sell” rating in a research report on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Apollo Global Management from $141.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Citigroup raised their price target on shares of Apollo Global Management from $162.00 to $170.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th.
View Our Latest Stock Analysis on Apollo Global Management
Insider Buying and Selling at Apollo Global Management
Institutional Investors Weigh In On Apollo Global Management
A number of hedge funds and other institutional investors have recently modified their holdings of APO. Compagnie Lombard Odier SCmA bought a new stake in shares of Apollo Global Management during the third quarter valued at about $35,000. Byrne Asset Management LLC bought a new stake in shares of Apollo Global Management during the fourth quarter valued at about $37,000. Retirement Wealth Solutions LLC bought a new stake in Apollo Global Management in the fourth quarter worth about $39,000. UMB Bank n.a. raised its position in Apollo Global Management by 447.1% in the fourth quarter. UMB Bank n.a. now owns 279 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 228 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in Apollo Global Management in the third quarter worth about $80,000. 77.06% of the stock is currently owned by institutional investors.
Apollo Global Management Trading Up 0.5 %
APO opened at $171.87 on Friday. The firm has a market capitalization of $97.25 billion, a P/E ratio of 17.96, a P/E/G ratio of 1.36 and a beta of 1.63. The firm’s 50 day moving average is $170.04 and its 200-day moving average is $142.84. Apollo Global Management has a 52-week low of $95.11 and a 52-week high of $189.49. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.
Apollo Global Management Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 18th were paid a $0.463 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 1.08%. This is a boost from Apollo Global Management’s previous quarterly dividend of $0.46. The ex-dividend date was Monday, November 18th. Apollo Global Management’s dividend payout ratio (DPR) is presently 19.33%.
About Apollo Global Management
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.
Featured Stories
- Five stocks we like better than Apollo Global Management
- Growth Stocks: What They Are, Examples and How to Invest
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- What Investors Need to Know to Beat the Market
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- How to Read Stock Charts for Beginners
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
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.com's FREE daily email newsletter.