V Square Quantitative Management LLC Grows Stock Holdings in Apollo Global Management, Inc. (NYSE:APO)

V Square Quantitative Management LLC lifted its position in Apollo Global Management, Inc. (NYSE:APO - Free Report) by 284.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,547 shares of the financial services provider's stock after acquiring an additional 5,586 shares during the period. V Square Quantitative Management LLC's holdings in Apollo Global Management were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Chicago Capital LLC boosted its stake in shares of Apollo Global Management by 1.2% during the 3rd quarter. Chicago Capital LLC now owns 5,675 shares of the financial services provider's stock worth $709,000 after acquiring an additional 69 shares in the last quarter. Menard Financial Group LLC boosted its stake in shares of Apollo Global Management by 1.2% during the 3rd quarter. Menard Financial Group LLC now owns 5,761 shares of the financial services provider's stock worth $720,000 after acquiring an additional 71 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its stake in shares of Apollo Global Management by 3.0% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 2,687 shares of the financial services provider's stock worth $336,000 after acquiring an additional 77 shares in the last quarter. Sfmg LLC boosted its stake in shares of Apollo Global Management by 1.1% during the 3rd quarter. Sfmg LLC now owns 7,220 shares of the financial services provider's stock worth $902,000 after acquiring an additional 79 shares in the last quarter. Finally, Cigna Investments Inc. New boosted its stake in shares of Apollo Global Management by 1.8% during the 3rd quarter. Cigna Investments Inc. New now owns 5,166 shares of the financial services provider's stock worth $645,000 after acquiring an additional 90 shares in the last quarter. 77.06% of the stock is owned by institutional investors and hedge funds.

Apollo Global Management Trading Down 0.5 %

Apollo Global Management stock traded down $0.84 during trading on Tuesday, hitting $161.97. The company had a trading volume of 2,503,095 shares, compared to its average volume of 3,263,764. Apollo Global Management, Inc. has a 1-year low of $95.11 and a 1-year high of $189.49. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.33. The company's 50 day simple moving average is $167.19 and its 200-day simple moving average is $147.01. The stock has a market cap of $91.65 billion, a price-to-earnings ratio of 22.16, a price-to-earnings-growth ratio of 1.28 and a beta of 1.63.

Apollo Global Management Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be issued a $0.4625 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.85 annualized dividend and a yield of 1.14%. Apollo Global Management's dividend payout ratio (DPR) is presently 25.31%.

Insider Activity at Apollo Global Management

In other Apollo Global Management news, insider Leon D. Black sold 58,200 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $173.37, for a total value of $10,090,134.00. Following the completion of the transaction, the insider now owns 35,104,773 shares of the company's stock, valued at $6,086,114,495.01. This trade represents a 0.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Martin Kelly sold 5,000 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $158.28, for a total transaction of $791,400.00. Following the completion of the transaction, the chief financial officer now directly owns 377,164 shares of the company's stock, valued at $59,697,517.92. This represents a 1.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 201,600 shares of company stock worth $34,977,528. Insiders own 8.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on APO shares. Citigroup increased their target price 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. Piper Sandler raised 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. UBS Group raised shares of Apollo Global Management to a "hold" rating in a research note on Wednesday, November 13th. StockNews.com lowered shares of Apollo Global Management from a "hold" rating to a "sell" rating in a research note on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Apollo Global Management from $141.00 to $155.00 and gave the company a "buy" rating in a research note on Wednesday, November 6th. One research 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. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $165.74.

Apollo Global Management Company 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.