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Apollo International Administration (NYSE:APO) Upgraded to Impartial at Financial institution of America

ByEditorialTeam

Sep 23, 2022

Apollo International Administration (NYSE:APOGet Ranking) was upgraded by analysts at Financial institution of America from an “underperform” score to a “impartial” score in a analysis observe issued to buyers on Friday, The Fly reviews. The analysts famous that the transfer was a valuation name.

A number of different analysts have additionally not too long ago commented on APO. Deutsche Financial institution Aktiengesellschaft decreased their worth goal on Apollo International Administration from $91.00 to $87.00 in a report on Friday, August twelfth. Oppenheimer raised their worth goal on Apollo International Administration from $60.00 to $61.00 and gave the corporate an “outperform” score in a report on Monday, August eighth. Morgan Stanley raised their worth goal on Apollo International Administration from $60.00 to $61.00 and gave the corporate an “equal weight” score in a report on Monday, August fifteenth. Barclays initiated protection on Apollo International Administration in a report on Wednesday, August thirty first. They issued an “chubby” score and a $70.00 worth goal for the corporate. Lastly, Wells Fargo & Firm decreased their worth goal on Apollo International Administration from $73.00 to $66.00 and set an “chubby” score for the corporate in a report on Wednesday, July thirteenth. One analysis analyst has rated the inventory with a promote score, two have issued a maintain score and 7 have given a purchase score to the corporate. In line with information from MarketBeat.com, Apollo International Administration presently has a consensus score of “Reasonable Purchase” and a consensus goal worth of $77.72.

Apollo International Administration Worth Efficiency

APO inventory opened at $51.51 on Friday. The corporate has a debt-to-equity ratio of 1.04, a present ratio of 0.85 and a fast ratio of 0.85. The agency has a market capitalization of $29.41 billion, a P/E ratio of -16.56, a P/E/G ratio of 0.66 and a beta of 1.64. The enterprise’s 50-day shifting common is $56.48 and its two-hundred day shifting common is $55.93. Apollo International Administration has a 1 12 months low of $45.97 and a 1 12 months excessive of $81.07.

Apollo International Administration (NYSE:APOGet Ranking) final launched its quarterly earnings outcomes on Thursday, August 4th. The monetary companies supplier reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04. Apollo International Administration had a constructive return on fairness of 42.48% and a adverse web margin of 44.62%. Throughout the identical quarter within the prior 12 months, the agency posted $1.14 EPS. Analysts anticipate that Apollo International Administration will submit 5.17 earnings per share for the present fiscal 12 months.

Insiders Place Their Bets

In associated information, Director Walter Joseph Clayton III bought 5,000 shares of the corporate’s inventory in a transaction on Tuesday, August thirtieth. The inventory was purchased at a median worth of $56.07 per share, with a complete worth of $280,350.00. Following the completion of the transaction, the director now owns 29,737 shares of the corporate’s inventory, valued at roughly $1,667,353.59. The acquisition was disclosed in a authorized submitting with the Securities & Change Fee, which is offered by means of the SEC web site. In different Apollo International Administration information, Director Walter Joseph Clayton III acquired 5,000 shares of the inventory in a transaction dated Tuesday, August thirtieth. The inventory was acquired at a median worth of $56.07 per share, with a complete worth of $280,350.00. Following the completion of the transaction, the director now immediately owns 29,737 shares within the firm, valued at $1,667,353.59. The acquisition was disclosed in a doc filed with the SEC, which is accessible by means of the SEC web site. Additionally, CFO Martin Kelly bought 20,000 shares of Apollo International Administration inventory in a transaction on Friday, August twelfth. The shares have been bought at a median worth of $60.86, for a complete worth of $1,217,200.00. Following the completion of the sale, the chief monetary officer now immediately owns 484,275 shares of the corporate’s inventory, valued at roughly $29,472,976.50. The disclosure for this sale might be discovered right here. 15.40% of the inventory is at the moment owned by firm insiders.

Institutional Traders Weigh In On Apollo International Administration

Hedge funds and different institutional buyers have not too long ago made modifications to their positions within the enterprise. Byrne Asset Administration LLC bought a brand new stake in shares of Apollo International Administration within the fourth quarter valued at $25,000. Truvestments Capital LLC bought a brand new stake in Apollo International Administration through the second quarter valued at about $26,000. Clearstead Advisors LLC bought a brand new stake in Apollo International Administration through the fourth quarter valued at about $27,000. Parkside Monetary Financial institution & Belief grew its place in Apollo International Administration by 7,183.3% through the first quarter. Parkside Monetary Financial institution & Belief now owns 437 shares of the monetary companies supplier’s inventory valued at $27,000 after buying a further 431 shares through the interval. Lastly, McIlrath & Eck LLC bought a brand new stake in Apollo International Administration through the first quarter valued at about $28,000. Hedge funds and different institutional buyers personal 69.40% of the corporate’s inventory.

About Apollo International Administration

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Apollo International Administration, Inc is a personal fairness agency specializing in investments in credit score, non-public fairness and actual property markets. The agency’s non-public fairness investments embody conventional buyouts, recapitalization, distressed buyouts and debt investments in actual property, company accomplice buyouts, distressed asset, company carve-outs, center market, development capital, turnaround, bridge, company restructuring, particular state of affairs, acquisition, and trade consolidation transactions.

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