Brokerages Set Apollo Global Management, LLC (APO) Target Price at $21.58

Lester Mason
January 14, 2018

In other Apollo Global Management news, major shareholder Tiger Global Management Llc bought 43,714 shares of Apollo Global Management stock in a transaction dated Tuesday, November 14th. Partners Group Holding Ag who had been investing in Apollo Global Management Llc for a number of months, seems to be bullish on the $14.58B market cap company. The stock increased 1.03% or $0.35 during the last trading session, reaching $34.35. About 472,992 shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since January 14, 2017 and is uptrending. It has outperformed by 46.63% the S&P500.

Ardevora Asset Management Llp increased its stake in Sanmina Corporation (SANM) by 7.92% based on its latest 2017Q3 regulatory filing with the SEC. First Allied Advisory Services Inc. now owns 51,682 shares of the financial services provider's stock valued at $1,548,000 after buying an additional 24,690 shares during the period. The institutional investor held 63,124 shares of the consumer services company at the end of 2017Q3, valued at $5.42M, down from 71,921 at the end of the previous reported quarter.

More notable recent Apollo Global Management, LLC (NYSE:APO) news were published by: Finance.Yahoo.com which released: "Harbinger Capital Sues Apollo Global Management Over LightSquared Losses" on December 27, 2017, also Seekingalpha.com with their article: "Dividend-Payer Apollo Global Management Moving Up, Worth A Look" published on December 22, 2017, Businesswire.com published: "Northwoods Energy, a Portfolio Company of Funds Affiliated with Apollo Global ..." on January 10, 2018. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. Tiger Global Management Llc owns 34.05 million shares or 6.95% of their USA portfolio. Scripps Networks Interactive, Inc. Juno Therapeutics, Inc. (NASDAQ:JUNO) has declined 39.85% since January 13, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

COPYRIGHT VIOLATION NOTICE: "Apollo Global Management (NYSE:APO) Upgraded by Zacks Investment Research to Buy" was originally posted by StockNewsTimes and is the property of of StockNewsTimes. Therefore 8% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with "Buy" rating in Tuesday, June 27 report.

Shares of Apollo Global Management (NYSE:APO) opened at 22.13 on Friday. Morgan Stanley reaffirmed an "equal weight" rating and set a $30.00 price target (up previously from $28.00) on shares of Apollo Global Management in a research note on Thursday, October 5th. The rating was maintained by UBS with "Buy" on Thursday, February 4. As per Thursday, June 16, the company rating was maintained by Deutsche Bank. The stock has an average rating of "Buy" and a consensus target price of $34.46. Gsa Cap Prtnrs Limited Liability Partnership has 0.15% invested in Apollo Global Management, LLC (NYSE:APO) for 75,298 shares. The company was maintained on Tuesday, May 24 by RBC Capital Markets.


Apollo Global Management (NYSE:APO) last issued its quarterly earnings results on Friday, February 3rd. Comerica Bancorporation reported 35,377 shares or 0.05% of all its holdings. CSCO's profit will be $2.62 billion for 19.28 P/E if the $0.53 EPS becomes a reality. Evercore Wealth Management LLC boosted its stake in shares of Apollo Global Management by 0.7% in the second quarter.

Investors sentiment increased to 1.32 in Q3 2017. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.74 and a current ratio of 1.74. It is positive, as 19 investors sold BancorpSouth Bank shares while 44 reduced holdings. 31 funds opened positions while 57 raised stakes. The company reported $0.98 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.77 by $0.21. Founders Fin Ltd Liability Company stated it has 21,922 shares. Moreover, Legal & General Group Public Limited Co has 0.01% invested in Apollo Global Management, LLC (NYSE:APO). Hillsdale Invest Management has invested 0.06% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Dimensional Fund Advsrs Lp holds 0.06% or 4.10 million shares in its portfolio.

Apollo Global Management, LLC (Apollo) is an alternative investment manager in private equity, credit and real estate. Barnett And Inc has 2,444 shares for 0.19% of their portfolio. Finally, L & S Advisors Inc purchased a new stake in shares of Apollo Global Management during the 3rd quarter worth about $932,000. Picton Mahoney Asset Mgmt owns 35,500 shares. Raymond James initiated the shares of JUNO in report on Thursday, June 2 with "Outperform" rating. Teachers Retirement Of The State Of Kentucky owns 1.28M shares or 0.52% of their U.S. portfolio. It also reduced its holding in Kinder Morgan Inc/De (NYSE:KMI) by 114,750 shares in the quarter, leaving it with 2.11 million shares, and cut its stake in Transcanada Corp (NYSE:TRP).

Salzman & Company, which manages about $433.67 million and $82.50M US Long portfolio, decreased its stake in Liberty Media Corp Delaware by 445,103 shares to 395,040 shares, valued at $16.55M in 2017Q3, according to the filing. About 756,644 shares traded or 34.26% up from the average. (NASDAQ:QCOM), 15 have Buy rating, 1 Sell and 20 Hold. The company was maintained on Thursday, November 2 by Jefferies. The company was upgraded on Wednesday, July 20 by Stifel Nicolaus. On Tuesday, August 11 the stock rating was initiated by Goldman Sachs with "Neutral". The rating was maintained by Brean Capital on Monday, October 30 with "Hold". The stock of Scripps Networks Interactive, Inc. Keefe, Bruyette & Woods reiterated a "buy" rating and issued a $35.00 price target on shares of Apollo Global Management in a research report on Thursday, October 12th.

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