Chicago Partners Investment Group LLC Has $415,000 Stake in Apollo Global Management, Inc. (NYSE:APO)

Chicago Partners Investment Group LLC lifted its stake in shares of Apollo Global Management, Inc. (NYSE:APO) by 11.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,322 shares of the financial services provider’s stock after purchasing an additional 349 shares during the period. Chicago Partners Investment Group LLC’s holdings in Apollo Global Management were worth $415,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Empowered Funds LLC lifted its position in shares of Apollo Global Management by 193.3% during the first quarter. Empowered Funds LLC now owns 51,181 shares of the financial services provider’s stock worth $5,755,000 after purchasing an additional 33,731 shares in the last quarter. PGGM Investments bought a new stake in shares of Apollo Global Management during the first quarter worth approximately $840,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in shares of Apollo Global Management by 38.8% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 34,709 shares of the financial services provider’s stock worth $3,903,000 after buying an additional 9,708 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Apollo Global Management by 4.5% during the second quarter. Mackenzie Financial Corp now owns 178,868 shares of the financial services provider’s stock worth $21,119,000 after buying an additional 7,679 shares during the last quarter. Finally, Forsta AP Fonden raised its stake in shares of Apollo Global Management by 8.4% during the third quarter. Forsta AP Fonden now owns 143,600 shares of the financial services provider’s stock worth $17,937,000 after buying an additional 11,100 shares during the last quarter. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on APO. Morgan Stanley boosted their price target on shares of Apollo Global Management from $111.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 10th. Barclays boosted their price target on shares of Apollo Global Management from $128.00 to $148.00 and gave the stock an “overweight” rating in a research note on Monday, October 7th. StockNews.com downgraded shares of Apollo Global Management from a “hold” rating to a “sell” rating in a research note on Thursday, August 8th. BMO Capital Markets upped their target price on shares of Apollo Global Management from $123.00 to $138.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. Finally, TD Cowen upped their target price on shares of Apollo Global Management from $135.00 to $162.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. One research 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 data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $139.56.

Apollo Global Management Stock Down 1.1 %

Apollo Global Management stock opened at $139.43 on Tuesday. The stock has a market capitalization of $79.41 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.57 and a beta of 1.59. Apollo Global Management, Inc. has a twelve month low of $82.30 and a twelve month high of $147.04. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The company has a 50 day moving average of $127.94 and a 200-day moving average of $119.24.

About Apollo Global Management

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.