Universal Beteiligungs und Servicegesellschaft mbH Acquires 25,948 Shares of Apollo Global Management Inc. $APO

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Apollo Global Management Inc. (NYSE:APOFree Report) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 214,909 shares of the financial services provider’s stock after purchasing an additional 25,948 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Apollo Global Management were worth $31,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of APO. Schnieders Capital Management LLC. bought a new stake in Apollo Global Management during the 2nd quarter valued at approximately $7,954,000. Baird Financial Group Inc. boosted its position in Apollo Global Management by 117.5% during the 2nd quarter. Baird Financial Group Inc. now owns 16,118 shares of the financial services provider’s stock valued at $2,287,000 after acquiring an additional 8,709 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Apollo Global Management by 4.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,690 shares of the financial services provider’s stock valued at $949,000 after acquiring an additional 305 shares in the last quarter. Nebula Research & Development LLC bought a new stake in Apollo Global Management during the 2nd quarter valued at approximately $722,000. Finally, Northern Right Capital Management L.P. boosted its position in Apollo Global Management by 1.5% during the 2nd quarter. Northern Right Capital Management L.P. now owns 172,991 shares of the financial services provider’s stock valued at $24,542,000 after acquiring an additional 2,500 shares in the last quarter. 77.06% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

APO has been the topic of several research reports. Royal Bank Of Canada initiated coverage on Apollo Global Management in a research report on Monday, February 23rd. They set a “sector perform” rating and a $142.00 price objective on the stock. Evercore reaffirmed an “outperform” rating on shares of Apollo Global Management in a research report on Tuesday. Morgan Stanley lowered their target price on shares of Apollo Global Management from $181.00 to $165.00 and set an “overweight” rating for the company in a report on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Apollo Global Management in a report on Monday, December 29th. Finally, UBS Group lowered their target price on shares of Apollo Global Management from $182.00 to $152.00 and set a “buy” rating for the company in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Apollo Global Management presently has an average rating of “Moderate Buy” and a consensus price target of $149.42.

Check Out Our Latest Analysis on APO

Key Headlines Impacting Apollo Global Management

Here are the key news stories impacting Apollo Global Management this week:

  • Positive Sentiment: Apollo is reported to be near a ~$1.6 billion agreement to buy the auto-interiors business of France’s Forvia, a deal that would add an industrial asset and potential fee/return opportunities to Apollo’s private-capital platform. This kind of transaction can boost near-term revenue from transaction fees and expand fee-bearing assets under management. Apollo nears $1.6 bln deal for Forvia unit
  • Positive Sentiment: Apollo funds agreed to acquire a 40% interest in Pembina Gas Infrastructure (one of Canada’s large gas-processing platforms) from KKR — a strategic infrastructure stake that should provide stable, fee-related returns and diversify Apollo’s energy/infrastructure holdings. Apollo to acquire 40% of Pembina Gas Infrastructure
  • Positive Sentiment: Analyst coverage remains supportive: TD Cowen maintained a Buy rating on APO, which can underpin investor confidence amid headline noise. TD Cowen maintains Buy
  • Neutral Sentiment: Miscellaneous industry news (unrelated product launch from WestCX) appears in the wire but is unlikely to affect Apollo’s fundamentals. WestCX launches Orchestrate
  • Negative Sentiment: Multiple law firms have filed or solicited lead-plaintiff claims in a securities class action tied to recent investigative “Epstein files” revelations, warning investors of a May 1 lead-plaintiff deadline; allegations include possible misrepresentations and individual liability for senior figures. The wave of filings raises legal, regulatory and reputational risk that could pressure the stock (potential settlements, fines, distraction to management). Representative notices: Hagens Berman / PR Newswire, Rosen Law Firm / Newsfile, Levi & Korsinsky / PR Newswire. Hagens Berman notice Rosen Law Firm notice

Apollo Global Management Price Performance

APO stock opened at $124.85 on Friday. Apollo Global Management Inc. has a 52-week low of $99.56 and a 52-week high of $157.28. The firm has a market capitalization of $72.19 billion, a price-to-earnings ratio of 22.62, a PEG ratio of 1.15 and a beta of 1.56. The firm has a 50 day moving average price of $112.87 and a 200-day moving average price of $127.23. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.31 and a current ratio of 1.31.

Apollo Global Management (NYSE:APOGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.43. Apollo Global Management had a net margin of 10.90% and a return on equity of 15.25%. The company had revenue of $9.86 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the business earned $2.39 EPS. The firm’s revenue for the quarter was up .8% on a year-over-year basis. Equities research analysts forecast that Apollo Global Management Inc. will post 8.47 EPS for the current fiscal year.

Apollo Global Management Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 19th were issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Thursday, February 19th. Apollo Global Management’s payout ratio is presently 36.96%.

About Apollo Global Management

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding APO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apollo Global Management Inc. (NYSE:APOFree Report).

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

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.