SYM FINANCIAL Corp Makes New $694,000 Investment in Apollo Global Management, Inc. (NYSE:APO)

SYM FINANCIAL Corp acquired a new stake in shares of Apollo Global Management, Inc. (NYSE:APO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,200 shares of the financial services provider's stock, valued at approximately $694,000.

Other hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its stake in Apollo Global Management by 27.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,806,098 shares of the financial services provider's stock valued at $225,600,000 after acquiring an additional 383,557 shares in the last quarter. International Assets Investment Management LLC increased its stake in Apollo Global Management by 12,086.7% in the 3rd quarter. International Assets Investment Management LLC now owns 370,233 shares of the financial services provider's stock valued at $462,460,000 after buying an additional 367,195 shares during the last quarter. Holocene Advisors LP lifted its position in Apollo Global Management by 530.9% during the 3rd quarter. Holocene Advisors LP now owns 402,228 shares of the financial services provider's stock worth $50,242,000 after buying an additional 338,472 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Apollo Global Management by 4.7% during the 3rd quarter. Geode Capital Management LLC now owns 5,717,266 shares of the financial services provider's stock worth $713,230,000 after buying an additional 254,268 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of Apollo Global Management by 43.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 767,014 shares of the financial services provider's stock valued at $95,808,000 after acquiring an additional 233,670 shares in the last quarter. Institutional investors and hedge funds own 77.06% of the company's stock.

Insider Buying and Selling

In other news, CFO Martin Kelly sold 5,000 shares of Apollo Global Management stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $172.61, for a total transaction of $863,050.00. Following the completion of the sale, the chief financial officer now directly owns 320,564 shares in the company, valued at $55,332,552.04. The trade was a 1.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Leon D. Black sold 133,400 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $174.16, for a total value of $23,232,944.00. Following the completion of the transaction, the insider now owns 35,471,373 shares of the company's stock, valued at $6,177,694,321.68. This trade represents a 0.37 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 196,600 shares of company stock valued at $34,186,128 in the last three months. 8.50% of the stock is owned by corporate insiders.

Apollo Global Management Price Performance

APO traded up $2.35 on Wednesday, reaching $164.94. 1,718,890 shares of the company's stock were exchanged, compared to its average volume of 3,369,861. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 1.44. The stock's fifty day moving average price is $169.71 and its 200-day moving average price is $144.10. Apollo Global Management, Inc. has a twelve month low of $95.11 and a twelve month high of $189.49. The stock has a market cap of $93.33 billion, a PE ratio of 17.22, a P/E/G ratio of 1.37 and a beta of 1.63.

Wall Street Analyst Weigh In

APO has been the topic of a number of research reports. Piper Sandler upped their price target on shares of Apollo Global Management from $188.00 to $202.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. TD Cowen lifted their price objective on shares of Apollo Global Management from $178.00 to $230.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. Deutsche Bank Aktiengesellschaft raised their price objective on Apollo Global Management from $141.00 to $155.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Keefe, Bruyette & Woods decreased their price target on Apollo Global Management from $196.00 to $194.00 and set an "outperform" rating on the stock in a research report on Wednesday. Finally, Citigroup increased their price objective on shares of Apollo Global Management from $162.00 to $170.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $164.00.

Apollo Global Management Profile

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.