Universal Beteiligungs und Servicegesellschaft mbH Raises Position in Apollo Global Management Inc. $APO

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in Apollo Global Management Inc. (NYSE:APO) by 13.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 214,909 shares of the financial services provider’s stock after buying an additional 25,948 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Apollo Global Management were worth $31,149,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Foresight Capital Management Advisors Inc. raised its position in shares of Apollo Global Management by 17.9% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 2,870 shares of the financial services provider’s stock worth $415,000 after buying an additional 435 shares in the last quarter. Salomon & Ludwin LLC raised its position in shares of Apollo Global Management by 31.2% in the fourth quarter. Salomon & Ludwin LLC now owns 622 shares of the financial services provider’s stock worth $93,000 after buying an additional 148 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of Apollo Global Management by 14.7% in the fourth quarter. Evergreen Capital Management LLC now owns 3,828 shares of the financial services provider’s stock worth $554,000 after buying an additional 490 shares in the last quarter. Greystone Financial Group LLC raised its position in Apollo Global Management by 2.5% during the fourth quarter. Greystone Financial Group LLC now owns 5,829 shares of the financial services provider’s stock valued at $844,000 after purchasing an additional 140 shares in the last quarter. Finally, Clark Asset Management LLC purchased a new stake in Apollo Global Management during the fourth quarter valued at about $228,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Apollo Global Management Stock Down 3.3%

Shares of NYSE:APO opened at $124.85 on Friday. The stock’s 50-day moving average price is $112.87 and its 200-day moving average price is $127.23. Apollo Global Management Inc. has a 12-month low of $99.56 and a 12-month high of $157.28. The stock has a market capitalization of $72.19 billion, a P/E ratio of 22.62, a price-to-earnings-growth ratio of 1.15 and a beta of 1.56. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.33.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Monday, February 9th. The financial services provider reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.43. The firm had revenue of $9.86 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Apollo Global Management had a return on equity of 15.25% and a net margin of 10.90%.The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $2.39 earnings per share. On average, equities analysts anticipate that Apollo Global Management Inc. will post 8.47 earnings per share for the current year.

Apollo Global Management Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on APO. BMO Capital Markets lowered their price target on Apollo Global Management from $135.00 to $116.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 24th. TD Cowen restated a “buy” rating on shares of Apollo Global Management in a research report on Thursday, February 12th. Evercore restated an “outperform” rating on shares of Apollo Global Management in a research report on Tuesday. Barclays reduced their price objective on Apollo Global Management from $131.00 to $125.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Apollo Global Management in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $149.42.

Key Stories 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

About Apollo Global Management

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.