APO - Apollo Global Management, LLC

NYSE - NYSE Delayed Price. Currency in USD
31.62
+0.35 (+1.12%)
At close: 4:00PM EDT

31.62 0.00 (0.00%)
After hours: 4:31PM EDT

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Previous Close31.27
Open31.11
Bid30.00 x 800
Ask32.20 x 800
Day's Range31.00 - 31.75
52 Week Range25.61 - 37.35
Volume807,248
Avg. Volume1,045,850
Market Cap12.778B
Beta1.44
PE Ratio (TTM)10.19
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.95 (6.44%)
Ex-Dividend Date2018-05-17
1y Target EstN/A
Trade prices are not sourced from all markets
  • Johnson Controls Power Unit Draws Interest from KKR, Apollo
    Bloomberg12 hours ago

    Johnson Controls Power Unit Draws Interest from KKR, Apollo

    Johnson Controls International Plc is drawing interest from private equity firms KKR & Co. and Apollo Global Management LLC for its power solutions business that could value the unit at as much as $12 billion, people familiar with the matter said. The firms were part of a select group of financial sponsors, which also included CVC Capital Partners and Advent International, that were invited to what’s known as a gold card meeting with Johnson Controls management last week to assess their interest in the unit, the people said.

  • Moody's2 days ago

    Bright Bidco B.V. -- Moody's downgrades Bright Bidco B.V. to B1; stable outlook

    Moody's Investors Service today downgraded the corporate rating of Bright Bidco B.V. (BBBV) to B1 from Ba3 and the probability of default rating to B1-PD from Ba3-PD. Moody's also downgraded to B1 from Ba3 the senior secured term loan B (TLB) and the $200 million senior secured revolving credit facility, both with BBBV as the borrower. BBBV will raise an additional $300 million of TLB debt that will also be rated B1.

  • Moody's2 days ago

    Moody's: Legacy business sales likely to increase further for North American life insurers

    North American life insurers will continue divesting legacy blocks of annuity, life, and employee benefits' businesses given their sizable inventory as well as a focus on optimizing value amid generally favorable economic and market fundamentals, Moody's Investors Service says in a new report. "We estimate that close to $270 billion in life, annuity, and group benefits business changed hands in 2017, a trend that has continued this year," according to Moody's Vice President Laura Bazer.

  • Reuters2 days ago

    Brazil's Odebrecht receives Starboard-led bid for rail unit -source

    A group led by Starboard Restructuring Partners has made a binding bid for Brazilian conglomerate Odebrecht SA's commuter rail unit, one source with knowledge of the matter told Reuters. Investment firm BlueOrange Capital joined Starboard and RTM Brasil in the bid for Supervia Concessionaria de Transporte Ferroviario SA, which was delivered on Tuesday, the source added on condition of anonymity because negotiations are private. Asset sales would help corruption-ensnared Odebrecht to comply with a debt refinancing agreed with bank creditors late on Tuesday, which will also release 2.6 billion reais ($711 million) in a new loan to Odebrecht.

  • New Strong Sell Stocks for May 23rd
    Zacks2 days ago

    New Strong Sell Stocks for May 23rd

    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of APO earnings conference call or presentation 3-May-18 2:00pm GMT

    Q1 2018 Apollo Global Management LLC Earnings Call

  • Moody's4 days ago

    Bright Bidco B.V. -- Moody's downgrades Bright Bidco B.V. to B1; stable outlook

    Moody's Investors Service today downgraded the corporate rating of Bright Bidco B.V. (BBBV) to B1 from Ba3 and the probability of default rating to B1-PD from Ba3-PD. Moody's also downgraded to B1 from Ba3 the senior secured term loan B (TLB) and the $200 million senior secured revolving credit facility, both with BBBV as the borrower. The additional debt leaves BBBV's financial profile weaker since funds of Apollo became majority owners of BBBV in July 2017.

  • The Wall Street Journal4 days ago

    [$$] Fitch Says It May Downgrade Apollo Investment Vehicle

    Apollo Investment Corp., is a so-called business development corporation, or BDC. BDCs are publicly traded investment managers that raise funds through public equity markets and debt markets. The change in Apollo’s leverage target means for every dollar of debt the firm’s BDC raises it must have 1.5 times as much in assets, a decline from 2 times as much in assets before Apollo made the change, said Meghan Neenan, managing director at Fitch.

  • Benzinga4 days ago

    Morgan Stanley Is Out Positive On Apollo: 3 Reasons To Buy

    With shares of Apollo Global Management LLC (NYSE: APO ) down 12.5 percent this year, now is a compelling time to buy, according to Morgan Stanley. The Analyst Morgan Stanley’s Michael Cyprus reiterated ...

  • Reuters8 days ago

    Private equity firms bet on stock market's fixer-uppers

    Private equity firms, armed with a record $1 trillion in cash, are investing more in public companies than at any time since the financial crisis, buying those left behind in Wall Street's nine-year bull market. It is a bet that buyout firms can spot listed companies' potential that the stock market has been missing, and a sign of confidence in their ability to turn them around even as some of their shareholders have lost patience or faith in them. "There are quite a few public companies that are maybe a little less exciting, maybe have made some missteps or just simply have a bit of a more complex story," said Scott Kleinman, co-president of Apollo Global Management LLC.

  • Private equity firms bet on stock market's fixer-uppers
    Reuters8 days ago

    Private equity firms bet on stock market's fixer-uppers

    Private equity firms, armed with a record $1 trillion in cash, are investing more in public companies than at any time since the financial crisis, buying those left behind in Wall Street's nine-year bull market. It is a bet that buyout firms can spot listed companies' potential that the stock market has been missing, and a sign of confidence in their ability to turn them around even as some of their shareholders have lost patience or faith in them. "There are quite a few public companies that are maybe a little less exciting, maybe have made some missteps or just simply have a bit of a more complex story," said Scott Kleinman, co-president of Apollo Global Management LLC.

  • Reuters11 days ago

    Xerox abandons planned deal with Fujifilm in victory for Icahn and Deason

    Xerox Corp has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the U.S. photocopier giant ...

  • TheStreet.com15 days ago

    7 Under-the-Radar Financial Stock Favorites

    While rising interest rates will hurt sectors that rely on debt for growth or expansion, financial stocks are considered well positioned to benefit as rates increase. Seven investment experts and contributors to MoneyShow.com highlight lesser-known plays in business development, asset management and lending. -- a business development company (BDC) that lends to small and mid-size companies -- saw its net income catch up with the dividend following the higher share count after the American Capital acquisition at the beginning of last year.

  • Apollo Global: What Analysts Have in Mind
    Market Realist15 days ago

    Apollo Global: What Analysts Have in Mind

    Apollo Global Management (APO) is currently being tracked by 15 analysts, three of whom have suggested “holds,” and seven of whom have suggested “buys” on its stock. 

  • What Are Apollo Global’s Valuations?
    Market Realist15 days ago

    What Are Apollo Global’s Valuations?

    On a next-12-month basis, Apollo Global Management’s (APO) PBV (price-to-book value ratio) stands at 6.01x, while the average of its peers stands at 2.37x, which represents its higher valuations. 

  • Understanding Apollo Global’s Real Assets Segment
    Market Realist16 days ago

    Understanding Apollo Global’s Real Assets Segment

    Apollo Global Management’s (APO) Real Assets segment saw economic income amounting to -$1.2 million in 1Q18, while in 4Q17 and 1Q17, its economic income stood at $1.8 million and $4.1 million, respectively.

  • Apollo’s Credit Assets under Management Rose in 1Q18
    Market Realist16 days ago

    Apollo’s Credit Assets under Management Rose in 1Q18

    Apollo Global Management’s (APO) Credit segment reported economic income amounting to $47.7 million in 1Q18 on the back of performance fees and fee-related earnings.

  • A Look at Apollo’s Private Equity Segment
    Market Realist16 days ago

    A Look at Apollo’s Private Equity Segment

    On May 3, Apollo Global Management (APO) released its earnings report for 1Q18. Its Private Equity segment saw economic income amounting to -$151.5 million in 1Q18 compared to $270.5 million in 1Q17 and $381.6 million in 4Q17. 

  • The Wall Street Journal17 days ago

    [$$] FirstGroup Shares Fall After Apollo Withdraws Offer Plan

    Shares of FirstGroup PLC fell 13% in early trading Tuesday after Apollo Global Management LLC said it doesn’t plan to make an offer for the bus and rail company.

  • Reuters17 days ago

    U.S. fund Apollo walks away from FirstGroup offer

    U.S. private equity firm Apollo Global Management (APO.N) has dropped plans to make a takeover bid for British bus and rail operator FirstGroup (FGP.L), after having two approaches turned down. Shares in Aberdeen-based FirstGroup, which has a market value of about 1.34 billion pounds, fell more than 10 percent on Tuesday following the news. Apollo did not say in its statement why it was abandoning plans to bid for FirstGroup, which operates Greyhound intercity coaches and school buses in North America as well as rail services in the United Kingdom.

  • Moody's18 days ago

    CareerBuilder, LLC -- Moody's: CareerBuilder debt reduction from EMSI sale proceeds is credit positive

    Moody's Investor's Service ("Moody's") said CareerBuilder, LLC's ("CareerBuilder") plan to sell Economic Modeling, LLC (EMSI) and use $70 million of the proceeds to reduce debt is a positive credit development.

  • How Carlyle’s Global Credit Segment Performed
    Market Realist18 days ago

    How Carlyle’s Global Credit Segment Performed

    In 1Q18, Carlyle’s (CG) global credit segment’s carry funds rose 2%, and it generated economic income of $8 million. The segment’s fund management fees rose 22% YoY (year-over-year) to $59 million, supported by its fee-generating AUM (assets under management).

  • Analyzing Carlyle’s Real Assets Segment’s Performance
    Market Realist18 days ago

    Analyzing Carlyle’s Real Assets Segment’s Performance

    In 1Q18, Carlyle’s (CG) real assets segment’s carry funds rose 2%, boosting its net performance revenue to $11 million. The segment’s last-12-month economic income was $187 million and its 1Q18 economic income was $31 million, thanks to FRE (fee-related earnings) rising YoY (year-over-year) to $24 million from $9 million. FRE rose due to higher fund management fees as a result of capital-raising activities.

  • Carlyle’s Corporate Private Equity Assets Rise
    Market Realist18 days ago

    Carlyle’s Corporate Private Equity Assets Rise

    Carlyle (CG) released its 1Q18 results on May 1. In 1Q18, Carlyle’s corporate private equity segment’s carry funds rose 4%, and its fundraising expenses rose substantially YoY (year-over-year) from $1 million to $9 million. The segment reported net performance revenue of $136 million in 1Q18 thanks to carry fund appreciation.