Apollo Global Mgmt LLC (APO) Share Value Rose While Tiger Legatus Capital Management LLC Trimmed by $14.88 Million Its Holding

October 2, 2018 - By Dolores Ford

Apollo Global Management, LLC (NYSE:APO) LogoInvestors sentiment decreased to 0.83 in 2018 Q2. Its down 0.51, from 1.34 in 2018Q1. It is negative, as 42 investors sold APO shares while 46 reduced holdings. 25 funds opened positions while 48 raised stakes. 140.88 million shares or 4.97% more from 134.22 million shares in 2018Q1 were reported. Md Sass Investors holds 0.33% of its portfolio in Apollo Global Management, LLC (NYSE:APO) for 81,400 shares. New York-based Stelac Advisory Svcs has invested 0.04% in Apollo Global Management, LLC (NYSE:APO). Hap Trading Llc invested in 0.05% or 34,522 shares. Evercore Wealth Management Ltd Limited Liability Company accumulated 0.03% or 26,375 shares. Moreover, Bancorporation Of Montreal Can has 0.1% invested in Apollo Global Management, LLC (NYSE:APO) for 3.72 million shares. Destination Wealth Management reported 2,077 shares stake. 123,276 were accumulated by Sei Invests Company. Iconiq Cap Ltd Liability Corporation invested 0.42% in Apollo Global Management, LLC (NYSE:APO). Ing Groep Nv, Netherlands-based fund reported 296,800 shares. Susquehanna Intll Gru Llp reported 95,983 shares. Cacti Asset Mngmt invested in 36,000 shares. Moreover, Baldwin Brothers Ma has 0.07% invested in Apollo Global Management, LLC (NYSE:APO). Florida-based Camarda Fincl Advisors Limited Liability Corp has invested 0.16% in Apollo Global Management, LLC (NYSE:APO). Hightower Advsr Limited Liability Corporation holds 6,543 shares or 0% of its portfolio. Insur Tx holds 0.11% or 67,525 shares.

Tiger Legatus Capital Management Llc decreased its stake in Apollo Global Mgmt Llc (APO) by 52.17% based on its latest 2018Q2 regulatory filing with the SEC. Tiger Legatus Capital Management Llc sold 480,000 shares as the company’s stock rose 6.51% with the market. The hedge fund held 440,000 shares of the finance company at the end of 2018Q2, valued at $14.02 million, down from 920,000 at the end of the previous reported quarter. Tiger Legatus Capital Management Llc who had been investing in Apollo Global Mgmt Llc for a number of months, seems to be less bullish one the $14.29 billion market cap company. The stock decreased 0.40% or $0.14 during the last trading session, reaching $35.35. About 420,862 shares traded. Apollo Global Management, LLC (NYSE:APO) has risen 18.09% since October 2, 2017 and is uptrending. It has outperformed by 2.47% the S&P500.

Tiger Legatus Capital Management Llc, which manages about $489.82M and $333.82 million US Long portfolio, upped its stake in Yandex N V (NASDAQ:YNDX) by 250,000 shares to 750,000 shares, valued at $26.93 million in 2018Q2, according to the filing.

Analysts await Apollo Global Management, LLC (NYSE:APO) to report earnings on November, 7. They expect $0.72 EPS, down 32.71 % or $0.35 from last year’s $1.07 per share. APO’s profit will be $290.95M for 12.27 P/E if the $0.72 EPS becomes a reality. After $0.27 actual EPS reported by Apollo Global Management, LLC for the previous quarter, Wall Street now forecasts 166.67 % EPS growth.

More important recent Apollo Global Management, LLC (NYSE:APO) news were published by: Seekingalpha.com which released: “NY Post: Hefty Arconic price tag could scare off potential bidders” on September 24, 2018, also Nasdaq.com published article titled: “New Research: Key Drivers of Growth for Schweitzer-Mauduit International, Hexcel, Apollo Global Management …”, Nasdaq.com published: “West Corporation Closes Acquisition of INXPO” on October 01, 2018. More interesting news about Apollo Global Management, LLC (NYSE:APO) was released by: Livetradingnews.com and their article: “The Street’s Key Stock Analysts Research Reports” with publication date: October 02, 2018.

Apollo Global Management, LLC (NYSE:APO) Ratings Coverage

Among 6 analysts covering Apollo Global Management (NYSE:APO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Apollo Global Management had 9 analyst reports since April 6, 2018 according to SRatingsIntel. Keefe Bruyette & Woods maintained the shares of APO in report on Wednesday, April 11 with “Buy” rating. Credit Suisse maintained the shares of APO in report on Friday, September 21 with “Neutral” rating. The rating was maintained by Deutsche Bank with “Hold” on Friday, April 6. The firm has “Overweight” rating given on Tuesday, May 1 by JP Morgan. Oppenheimer maintained Apollo Global Management, LLC (NYSE:APO) rating on Sunday, April 15. Oppenheimer has “Buy” rating and $4000 target. Deutsche Bank maintained Apollo Global Management, LLC (NYSE:APO) on Friday, May 4 with “Hold” rating. Morgan Stanley maintained Apollo Global Management, LLC (NYSE:APO) rating on Tuesday, April 10. Morgan Stanley has “Overweight” rating and $41 target. Morgan Stanley maintained the shares of APO in report on Thursday, July 12 with “Overweight” rating. As per Wednesday, July 18, the company rating was maintained by Oppenheimer.

Apollo Global Management, LLC (NYSE:APO) Institutional Positions Chart

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