As Apollo Global Management LLC (APO) Market Value Rose, Hillman Co Has Boosted Its Position

November 10, 2018 - By Adrian Erickson

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. 36,000 were accumulated by Cacti Asset Mgmt Ltd Liability Com. 56,210 were accumulated by Neuberger Berman Grp Ltd Co. Advisers Lc holds 0.01% or 31,132 shares in its portfolio. Parallax Volatility Advisers Limited Partnership reported 0% stake. Tci Wealth has invested 0.01% in Apollo Global Management, LLC (NYSE:APO). Private Advisor Grp Lc invested 0% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Hollencrest Mngmt has invested 0.06% in Apollo Global Management, LLC (NYSE:APO). Peak6 Limited Partnership holds 45,954 shares or 0.01% of its portfolio. Ins Co Tx holds 0.11% of its portfolio in Apollo Global Management, LLC (NYSE:APO) for 67,525 shares. First Midwest Retail Bank Division, a Illinois-based fund reported 7,145 shares. Pinnacle Financial Prns has invested 0.07% in Apollo Global Management, LLC (NYSE:APO). Moody Financial Bank Tru Division stated it has 0.03% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Provise Management Group Ltd Llc invested in 0.05% or 21,728 shares. Aviance Capital Partners Ltd holds 0.27% of its portfolio in Apollo Global Management, LLC (NYSE:APO) for 29,527 shares. Jpmorgan Chase And reported 7.35 million shares.

Hillman Co increased its stake in Apollo Global Management Llc (APO) by 17.2% based on its latest 2018Q2 regulatory filing with the SEC. Hillman Co bought 99,405 shares as the company’s stock rose 6.51% with the market. The institutional investor held 677,448 shares of the finance company at the end of 2018Q2, valued at $21.59M, up from 578,043 at the end of the previous reported quarter. Hillman Co who had been investing in Apollo Global Management Llc for a number of months, seems to be bullish on the $12.35B market cap company. The stock decreased 3.68% or $1.17 during the last trading session, reaching $30.59. About 603,717 shares traded. Apollo Global Management, LLC (NYSE:APO) has risen 18.09% since November 10, 2017 and is uptrending. It has outperformed by 2.47% the S&P500.

Hillman Co, which manages about $359.87 million US Long portfolio, decreased its stake in Ctrip.Com International Ltd (NASDAQ:CTRP) by 348,110 shares to 328,942 shares, valued at $15.67M in 2018Q2, according to the filing. It also reduced its holding in Netflix Inc (NASDAQ:NFLX) by 63,059 shares in the quarter, leaving it with 67,071 shares, and cut its stake in Facebook Inc (NASDAQ:FB).

More notable recent Apollo Global Management, LLC (NYSE:APO) news were published by: Seekingalpha.com which released: “Reuters: Arconic weighs $11B offer from Apollo” on October 23, 2018, also Benzinga.com with their article: “A Preview Of Apollo Global Management’s Q3 Earnings” published on October 30, 2018, Globenewswire.com published: “Report: Exploring Fundamental Drivers Behind Coeur Mining, Spectra Energy Partners, LP, Quaker Chemical …” on November 06, 2018. More interesting news about Apollo Global Management, LLC (NYSE:APO) were released by: Streetinsider.com and their article: “Johnson Controls (JCI) Hits Snag in Process to Sell Car-Battery Business – WSJ” published on November 08, 2018 as well as Seekingalpha.com‘s news article titled: “Reuters: Apollo in advanced talks to buy Arconic for $11B-plus” with publication date: October 30, 2018.

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

Among 4 analysts covering Apollo Global Management (NYSE:APO), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Apollo Global Management has $42 highest and $38 lowest target. $40.25’s average target is 31.58% above currents $30.59 stock price. Apollo Global Management had 5 analyst reports since July 12, 2018 according to SRatingsIntel. The stock has “Buy” rating by Citigroup on Thursday, October 25. Citigroup maintained the shares of APO in report on Thursday, November 1 with “Buy” rating. Morgan Stanley maintained Apollo Global Management, LLC (NYSE:APO) on Thursday, July 12 with “Overweight” rating. The firm earned “Outperform” rating on Wednesday, July 18 by Oppenheimer. The rating was maintained by Credit Suisse on Friday, September 21 with “Neutral”.

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

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