Beck Mack And Oliver Limited Liability Company reported 2.72% of its portfolio in Apollo Global Management LLC (NYSE:APO). Two analysts have provided estimates for Apollo Global Management's earnings. Finally, BidaskClub upgraded shares of Apollo Global Management from a "buy" rating to a "strong-buy" rating in a research report on Monday, July 31st. The company is scheduled to report its next earnings report on Friday, February 2nd. During the same period last year, the company earned $0.58 earnings per share. equities research analysts forecast that Apollo Global Management will post 2.98 EPS for the current year. Zacks' earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Apollo Global Management.
Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Wednesday, November 1st. After $1.90 actual earnings per share reported by FactSet Research Systems Inc. for the previous quarter, Wall Street now forecasts 3.16% EPS growth. The return on equity ratio or ROE stands at 45.9 percent while most common profitability ratio return on investment (ROI) was 24 percent. The firm had revenue of $645.20 million during the quarter, compared to the consensus estimate of $467.72 million. During the same quarter in the prior year, the company earned $0.58 EPS. The firm's revenue was up 31.1% on a year-over-year basis.
Several research analysts have weighed in on APO shares. The stock of Apollo Global Management LLC (NYSE:APO) has "Buy" rating given on Thursday, November 2 by Wells Fargo. Jefferies Group LLC increased their target price on Apollo Global Management from $35.00 to $36.00 and gave the company a "buy" rating in a research report on Friday, November 3rd. Credit Suisse Group increased their price target on Apollo Global Management from $32.00 to $35.00 and gave the company a "neutral" rating in a research note on Thursday, November 2nd.
Among 16 analysts covering Apollo Global Management (NYSE:APO), 12 have Buy rating, 0 Sell and 4 Hold. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/17/citigroup-inc-raises-apollo-global-management-llc-apo-price-target-to-38-00.html. Also, Director A B. Krongard purchased 1,000 shares of the stock in a transaction dated Monday, August 28th. The shares were acquired at an average price of $28.48 per share, for a total transaction of $7,224,578.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The disclosure for this purchase can be found here. The Cantab Capital Partners Llp holds 78,577 shares with $2.08 billion value, up from 34,827 last quarter. Corporate insiders own 4.11% of the company's stock.
Hedge funds and other institutional investors have recently modified their holdings of the business. California Employees Retirement stated it has 0.76% in Apollo Global Management LLC (NYSE:APO). On Thursday, February 4 the stock rating was maintained by UBS with "Buy". Cowen Prime Services LLC lifted its stake in Apollo Global Management by 400.0% in the second quarter. Veritable L.P. now owns 13,037 shares of the financial services provider's stock worth $345,000 after purchasing an additional 182 shares in the last quarter. NEXT Financial Group Inc boosted its holdings in Apollo Global Management by 106.5% in the second quarter. NEXT Financial Group Inc now owns 6,400 shares of the financial services provider's stock worth $169,000 after purchasing an additional 3,300 shares during the last quarter. Moreover, Chem Savings Bank has 0.02% invested in Apollo Global Management LLC (NYSE:APO). Penserra Capital Management LLC now owns 6,479 shares of the financial services provider's stock worth $171,000 after acquiring an additional 589 shares in the last quarter. Finally, Koshinski Asset Management Inc. bought a new stake in shares of Apollo Global Management during the second quarter valued at approximately $202,000. Institutional investors and hedge funds own 73.69% of the company's stock. Suntrust Banks Inc reported 0% of its portfolio in Apollo Global Management LLC (NYSE:APO). If you are viewing this story on another publication, it was illegally stolen and republished in violation of USA & worldwide trademark & copyright law. The Netherlands-based Ing Groep Nv has invested 0.1% in Apollo Global Management LLC (NYSE:APO). The fund owned 1,182,847 shares of the company's stock at the end of the third quarter. Apollo Global Management, LLC has a one year low of $12.35 and a one year high of $21.17. The company's net profit margin has achieved the current level of 16.2 percent and possesses 0 percent gross margin. The stock has a market cap of $5,670.00, a PE ratio of 8.71, a price-to-earnings-growth ratio of 0.97 and a beta of 1.23. The ex-dividend date of this dividend was Thursday, November 17th. This represents a $1.56 annualized dividend and a dividend yield of 5.33%. Apollo Global Management's dividend payout ratio (DPR) is presently 67.97%.
Apollo Global Management, LLC (Apollo) is an alternative investment manager in private equity, credit and real estate.