Sunflower Bank N.A. Has $517,000 Holdings in Apollo Global Management, Inc. (NYSE:APO)

Sunflower Bank N.A. boosted its position in shares of Apollo Global Management, Inc. (NYSE:APO) by 5.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,131 shares of the financial services provider’s stock after purchasing an additional 148 shares during the period. Sunflower Bank N.A.’s holdings in Apollo Global Management were worth $517,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Friedenthal Financial acquired a new stake in Apollo Global Management in the fourth quarter valued at about $760,000. Cooper Financial Group lifted its holdings in shares of Apollo Global Management by 10.4% in the fourth quarter. Cooper Financial Group now owns 6,277 shares of the financial services provider’s stock worth $1,037,000 after acquiring an additional 592 shares during the last quarter. Wedmont Private Capital boosted its stake in shares of Apollo Global Management by 4.1% in the 4th quarter. Wedmont Private Capital now owns 5,132 shares of the financial services provider’s stock valued at $797,000 after purchasing an additional 201 shares in the last quarter. Westmount Partners LLC grew its holdings in shares of Apollo Global Management by 1.8% during the 4th quarter. Westmount Partners LLC now owns 5,091 shares of the financial services provider’s stock valued at $841,000 after purchasing an additional 91 shares during the last quarter. Finally, Brookstone Capital Management acquired a new position in Apollo Global Management during the 4th quarter worth approximately $441,000. 77.06% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Leon D. Black sold 58,200 shares of Apollo Global Management stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $173.37, for a total transaction of $10,090,134.00. Following the sale, the insider now directly owns 35,104,773 shares in the company, valued at $6,086,114,495.01. The trade was a 0.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Martin Kelly sold 5,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $172.61, for a total transaction of $863,050.00. Following the transaction, the chief financial officer now owns 320,564 shares of the company’s stock, valued at approximately $55,332,552.04. The trade was a 1.54 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 196,600 shares of company stock worth $34,186,128. 8.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

APO has been the topic of a number of research analyst reports. UBS Group upgraded shares of Apollo Global Management to a “hold” rating in a research report on Wednesday, November 13th. Citigroup raised their price objective on Apollo Global Management from $162.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Wells Fargo & Company increased their target price on Apollo Global Management from $164.00 to $197.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Wolfe Research started coverage on Apollo Global Management in a research note on Wednesday, September 25th. They set an “outperform” rating and a $139.00 price target on the stock. Finally, Barclays upped their price objective on Apollo Global Management from $174.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, Apollo Global Management presently has a consensus rating of “Moderate Buy” and a consensus target price of $164.63.

Apollo Global Management Stock Down 0.4 %

Apollo Global Management stock traded down $0.64 during midday trading on Monday, hitting $154.75. 3,406,050 shares of the stock were exchanged, compared to its average volume of 3,437,186. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $87.56 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 1.84 and a beta of 1.63. Apollo Global Management, Inc. has a 52-week low of $94.19 and a 52-week high of $189.49. The business’s 50-day moving average price is $168.43 and its 200-day moving average price is $138.43.

Apollo Global Management Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were given a dividend of $0.463 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 1.20%. This is an increase from Apollo Global Management’s previous quarterly dividend of $0.46. The ex-dividend date was Monday, November 18th. Apollo Global Management’s dividend payout ratio (DPR) is presently 19.33%.

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.