First National Bank Sioux Falls Has $3.59 Million Stake in Apollo Global Management, Inc. (NYSE:APO)

First National Bank Sioux Falls boosted its stake in shares of Apollo Global Management, Inc. (NYSE:APO) by 0.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,767 shares of the financial services provider’s stock after buying an additional 119 shares during the quarter. Apollo Global Management makes up approximately 1.6% of First National Bank Sioux Falls’ portfolio, making the stock its 15th biggest position. First National Bank Sioux Falls’ holdings in Apollo Global Management were worth $3,593,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Chicago Capital LLC boosted its position in Apollo Global Management by 1.2% during the third quarter. Chicago Capital LLC now owns 5,675 shares of the financial services provider’s stock valued at $709,000 after acquiring an additional 69 shares during the last quarter. Cyndeo Wealth Partners LLC raised its holdings in Apollo Global Management by 3.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 2,687 shares of the financial services provider’s stock worth $336,000 after buying an additional 77 shares during the last quarter. Cigna Investments Inc. New lifted its position in Apollo Global Management by 1.8% in the 3rd quarter. Cigna Investments Inc. New now owns 5,166 shares of the financial services provider’s stock valued at $645,000 after acquiring an additional 90 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Apollo Global Management by 14.3% in the third quarter. Allworth Financial LP now owns 729 shares of the financial services provider’s stock valued at $91,000 after purchasing an additional 91 shares in the last quarter. Finally, FineMark National Bank & Trust grew its holdings in Apollo Global Management by 2.4% during the second quarter. FineMark National Bank & Trust now owns 4,117 shares of the financial services provider’s stock worth $486,000 after buying an additional 98 shares in the last quarter. Institutional investors own 77.06% of the company’s stock.

Insider Buying and Selling at Apollo Global Management

In related news, Director Pauline Richards bought 2,351 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average price of $104.92 per share, with a total value of $246,666.92. Following the purchase, the director now owns 85,854 shares of the company’s stock, valued at approximately $9,007,801.68. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 8.50% of the stock is currently owned by corporate insiders.

Apollo Global Management Trading Down 1.6 %

Shares of APO traded down $2.26 during mid-day trading on Friday, reaching $141.00. The company’s stock had a trading volume of 3,130,560 shares, compared to its average volume of 2,591,996. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.36. Apollo Global Management, Inc. has a 52 week low of $82.30 and a 52 week high of $147.04. The company’s fifty day moving average price is $127.94 and its two-hundred day moving average price is $119.08. The stock has a market cap of $80.30 billion, a PE ratio of 15.03, a P/E/G ratio of 1.60 and a beta of 1.62.

Apollo Global Management (NYSE:APO) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $1.64 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.03). Apollo Global Management had a net margin of 21.90% and a return on equity of 16.98%. The company had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $873.18 million. During the same quarter in the previous year, the firm posted $1.54 EPS. On average, analysts predict that Apollo Global Management, Inc. will post 6.6 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

APO has been the topic of a number of recent analyst reports. Wolfe Research began coverage on Apollo Global Management in a research note on Wednesday, September 25th. They set an “outperform” rating and a $139.00 target price on the stock. Redburn Partners started coverage on shares of Apollo Global Management in a report on Tuesday, August 27th. They issued a “buy” rating and a $153.00 price target on the stock. StockNews.com downgraded Apollo Global Management from a “hold” rating to a “sell” rating in a research note on Thursday, August 8th. The Goldman Sachs Group boosted their target price on Apollo Global Management from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Wells Fargo & Company upped their price target on Apollo Global Management from $148.00 to $149.00 and gave the company an “overweight” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.56.

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.