Seelaus Asset Management LLC acquired a new position in shares of Apollo Global Management LLC (NYSE:APO) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,596 shares of the financial services provider’s stock, valued at approximately $215,000.

Other large investors also recently bought and sold shares of the company. Moors & Cabot Inc. acquired a new position in Apollo Global Management in the first quarter valued at $282,000. Cetera Advisor Networks LLC lifted its holdings in shares of Apollo Global Management by 13.9% in the first quarter. Cetera Advisor Networks LLC now owns 33,653 shares of the financial services provider’s stock valued at $947,000 after purchasing an additional 4,098 shares in the last quarter. Markel Corp lifted its holdings in shares of Apollo Global Management by 2.3% in the first quarter. Markel Corp now owns 990,500 shares of the financial services provider’s stock valued at $27,982,000 after purchasing an additional 22,000 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Apollo Global Management by 14.4% in the first quarter. Stephens Inc. AR now owns 21,800 shares of the financial services provider’s stock valued at $616,000 after purchasing an additional 2,750 shares in the last quarter. Finally, Morse Asset Management Inc lifted its holdings in shares of Apollo Global Management by 3.3% in the first quarter. Morse Asset Management Inc now owns 31,700 shares of the financial services provider’s stock valued at $896,000 after purchasing an additional 1,000 shares in the last quarter. 71.50% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:APO traded down $0.49 during trading on Wednesday, reaching $32.21. The stock had a trading volume of 147 shares, compared to its average volume of 1,316,597. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $6.33 billion, a PE ratio of -154.76, a P/E/G ratio of 1.30 and a beta of 1.47. Apollo Global Management LLC has a fifty-two week low of $22.63 and a fifty-two week high of $36.49.

Apollo Global Management (NYSE:APO) last posted its quarterly earnings data on Thursday, May 2nd. The financial services provider reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.11). The firm had revenue of $677.78 million during the quarter, compared to analyst estimates of $695.30 million. Apollo Global Management had a net margin of 19.45% and a return on equity of 30.53%. The business’s quarterly revenue was up 306.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.30) EPS. As a group, sell-side analysts expect that Apollo Global Management LLC will post 2.43 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Tuesday, May 21st will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Monday, May 20th. Apollo Global Management’s dividend payout ratio is presently -1,066.67%.

Several analysts have issued reports on APO shares. TheStreet downgraded shares of Apollo Global Management from a “b” rating to a “c” rating in a report on Monday, February 4th. ValuEngine raised shares of Apollo Global Management from a “hold” rating to a “buy” rating in a report on Friday, April 19th. Argus reduced their price target on shares of Apollo Global Management from $37.00 to $35.00 and set a “buy” rating on the stock in a report on Tuesday, February 5th. Finally, Zacks Investment Research raised shares of Apollo Global Management from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 5th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $37.50.

In other news, CFO Martin Kelly sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $29.13, for a total value of $145,650.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director A B. Krongard acquired 1,790 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was purchased at an average cost of $32.41 per share, with a total value of $58,013.90. The disclosure for this purchase can be found here. Insiders own 4.11% of the company’s stock.

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Apollo Global Management Company Profile

Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients.

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

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