APO - Apollo Global Management, LLC

NYSE - NYSE Delayed Price. Currency in USD
33.72
+0.09 (+0.27%)
At close: 4:00PM EDT
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Previous Close33.63
Open33.57
Bid0.00 x 1000
Ask0.00 x 800
Day's Range33.28 - 33.76
52 Week Range28.00 - 37.35
Volume472,157
Avg. Volume749,314
Market Cap13.627B
Beta1.58
PE Ratio (TTM)18.81
EPS (TTM)1.79
Earnings DateOct 30, 2018 - Nov 5, 2018
Forward Dividend & Yield1.86 (5.20%)
Ex-Dividend Date2018-08-16
1y Target Est40.31
Trade prices are not sourced from all markets
  • Barrons.com2 days ago

    Alternative Asset Managers Are Doing Just Fine Despite the Dry Powder, Fitch Says

    Fitch Ratings says fundamentals remain strong for alternative investment managers, even as the amount of uncalled investment capital, or dry powder, expands. Industry-wide dry powder reached $1.8 trillion in July 2018, according to Preqin, up 11.6% year to date, the ratings agency says. About 35 percent of capital was in private equity buyout funds.

  • Financial Times2 days ago

    [$$] McGraw-Hill Education bonds drop to record low

    The $400m of debt, which was sold in May 2016, dropped roughly 7 cents to 85 cents on the dollar, according to trades reported to Finra’s Trace and data from Interactive Data. Data from Interactive Data showed that the price drop in the McGraw-Hill Education debt was among the steepest losses among high-yield corporate bonds over the past 24 hours.

  • Thomson Reuters StreetEvents5 days ago

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

    Q2 2018 Apollo Global Management LLC Earnings Call

  • The Wall Street Journal8 days ago

    [$$] Apollo-Backed Blank-Check Company Makes Public-Market Debut

    The company on Thursday priced its 40-million share initial public offering at $10 a share, according to a news release. Spartan Energy said in the release that it intends to use the net proceeds from the IPO and a simultaneous private placement of warrants to begin its operations.

  • GlobeNewswire12 days ago

    Presidio Announces General Availability of Presidio Concierge

    NEW YORK, Aug. 06, 2018-- Presidio, Inc., a leading North American IT solutions provider delivering Cloud, Security and Digital Infrastructure solutions to middle-market customers, today announced the ...

  • Reuters12 days ago

    AnaCap buys Slovenia's NKBM 1st lien corporate debt/loan portfolio

    Specialist European financial services private equity firm AnaCap Financial Partners on Monday acquired the first lien corporate debt and loan portfolio from Slovenia's second biggest bank Nova KBM (NKBM). The acquisition was made via its AnaCap Credit Opportunities III fund, targeting performing, semi-performing or non-performing credit assets comprising primarily consumer, small-and medium-sized enterprises and mortgage debt across Europe. "In addition to completing this initial debt deal in Slovenia, AnaCap view the geography as highly attractive for further investment and look forward to exploring a programme of additional opportunities there," the firm said in a statement emailed to Reuters.

  • The Wall Street Journal16 days ago

    [$$] Apollo’s Earnings Miss Analyst Views as Growth Slows

    Apollo Global Management LLC reported earnings below analysts’ forecasts, as the investment firm posted slower growth in the value of its private-equity portfolio. Apollo said the value of its private-equity funds climbed 1.7% in the second quarter, beating the 2.7% drop it posted in the first quarter but slower than the 1.9% gain logged in the year-ago quarter. Rivals Blackstone Group LP and Carlyle Group LP reported private-equity portfolio gains of 9.5% and 3%, respectively, in the latest quarter.

  • Business Wire16 days ago

    Apollo Global Management, LLC Reports Second Quarter 2018 Results

    Apollo Global Management, LLC (APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2018. “By leveraging the power of Apollo’s integrated global platform, we have generated capital inflows of $63 billion in the twelve months ended June 30, 2018, bringing total assets under management to approximately $270 billion,” said Leon Black, Chairman and Chief Executive Officer. Apollo issued a full detailed presentation of its second quarter ended June 30, 2018 results, which can be viewed through the Shareholders section of Apollo’s website at http://www.apollo.com/shareholders.

  • Benzinga17 days ago

    Q2 Earnings Preview For Apollo Global Management

    Apollo Global Management (NYSE: APO ) announces its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Wall Street ...

  • Funds Affiliated with Apollo Global Management and Freestone Midstream Announce Strategic Relationship to Invest in Water Midstream and Services Assets
    Business Wire17 days ago

    Funds Affiliated with Apollo Global Management and Freestone Midstream Announce Strategic Relationship to Invest in Water Midstream and Services Assets

    Funds managed by Apollo Global Management, LLC (APO) (together with its consolidated subsidiaries, "Apollo") and Freestone Midstream Holdings, LLC (“Freestone” or the “Company”) announced today that they have formed a strategic relationship to invest in water assets serving the oil and gas industry, with an initial focus on the Powder River Basin in Wyoming. Freestone will identify and evaluate opportunities to acquire, develop, and operate water midstream and services assets serving upstream oil and gas operators across the full lifecycle of each barrel of water, including freshwater sourcing, transportation, logistics and storage, as well as produced water gathering, disposal and recycling. Funds managed by Apollo have provided Freestone with an equity commitment of $200 million in support of the Company’s business plan.

  • Moody's18 days ago

    Fresh Market, Inc. (The) -- Moody's downgrades Fresh Market to Caa2

    Moody's Investors Service ("Moody's") today downgraded the Corporate Family Rating and Probability of Default rating of The Fresh Market, Inc. to Caa2 from Caa1 and Caa2-PD from Caa1-PD respectively. Moody's also downgraded the rating of the company's $800 million senior secured notes to Caa2 from Caa1.

  • Could Investor Interest in Alternatives Change Analysts’ Ratings?
    Market Realist22 days ago

    Could Investor Interest in Alternatives Change Analysts’ Ratings?

    In the previous part of this series, we saw that Apollo Global Management (APO) has premium valuations. The Blackstone Group’s (BX) inflows rose sequentially in the second quarter. The ratings for Apollo Global Management haven’t changed over the past few months.

  • KKR Posts Q2 2018 Results: AUM Rises Sequentially
    Market Realist22 days ago

    KKR Posts Q2 2018 Results: AUM Rises Sequentially

    KKR & Co. (KKR) reported its second-quarter earnings on July 26. Its EPS was $0.49, which beat analysts’ expectation of $0.45. It had total AUM (assets under management) of $191 billion at the end of the second quarter, which was a YoY (year-over-year) growth of 29%. KKR’s competitor (XLF) the Blackstone Group (BX) had AUM of $439.4 billion as of June 30.

  • Here’s What Led to Apollo Global Management’s Premium Valuation
    Market Realist22 days ago

    Here’s What Led to Apollo Global Management’s Premium Valuation

    Apollo Global Management’s (APO) PE ratio is 13.29x on an NTM (next-12-month) basis. It has a premium valuation since its peers have an average PE ratio of 12.03x. On an NTM basis, Apollo’s competitors have the following PE ratios: Blackstone Group (BX): 11.41x Carlyle Group (CG): 8.92x KKR & Co. (KKR): 15.77x

  • Apollo Global: How Investor Interest in Real Estate Could Help
    Market Realist22 days ago

    Apollo Global: How Investor Interest in Real Estate Could Help

    In the second half of 2018, Apollo Global Management’s (APO) real estate business could see a negative impact due to expectations of interest rate hikes. Higher rates could make borrowing expensive, and investors might resist real estate investments. A fall in investments could, in turn, impact prices.

  • Moody's23 days ago

    Mood Media Borrower, LLC -- Moody's affirms Mood Media's ratings (CFR at Caa3, 2nd lien notes at Ca); outlook remains negative

    Moody's Investor's Service affirmed its ratings for Mood Media Borrower, LLC (Mood Media), including the company's Caa3 Corporate Family Rating (CFR) and Caa3-PD Probability of Default Rating (PDR), and the Ca rating for its senior secured second lien notes. Concurrently, Moody's assigned a Ca rating to the company's incremental senior secured second lien notes. The rating actions follow the company's debt-funded acquisition of Focus Four, one of Mood Media's largest franchisees, for $14.9 million.

  • How Monetary Policy Could Impact Apollo’s Credit Segment
    Market Realist23 days ago

    How Monetary Policy Could Impact Apollo’s Credit Segment

    Asset managers’ credit segments are very sensitive to interest rate fluctuations. The higher the rates, the more downtrend in asset managers’ credit holdings. Moving forward, the credit segments might witness negative impacts since the Federal Reserve is expected to announce two rate hikes in the second half of 2018.

  • How Trump’s Tariffs Could Impact Apollo’s Private Equity Business
    Market Realist23 days ago

    How Trump’s Tariffs Could Impact Apollo’s Private Equity Business

    At the end of the first quarter, investments in public companies accounted for 28% of Apollo Global Management’s (APO) private equity portfolio. The remaining 72% have been deployed in private companies. In the second half of 2018, if the markets witness sharp movements, APO’s private equity portfolio could be impacted.

  • Four private equity finalists reportedly vying for Johnson Controls' Power Solutions unit
    American City Business Journals23 days ago

    Four private equity finalists reportedly vying for Johnson Controls' Power Solutions unit

    Johnson Controls International plc will reportedly sell its Power Solutions business to one of four finalists, all of which are private equity firms.

  • Claire's Warns Elliott, Apollo They May Get Cash, Not Company
    Bloomberg23 days ago

    Claire's Warns Elliott, Apollo They May Get Cash, Not Company

    Claire’s Stores Inc. is warning senior creditors including Elliott Capital Management and its private equity sponsor Apollo Global Management that their hold on the company could be slipping. The lenders may get a different form of payout than what they’re promised in the current restructuring plan if the company receives an alternative proposal, the retailer said in Delaware Bankruptcy Court filings on July 25. Junior creditor Oaktree has promised to submit a competing restructuring plan that would improve creditor recoveries over the current proposal.

  • Can Apollo Global Management’s Q2 2018 Impress Investors?
    Market Realist23 days ago

    Can Apollo Global Management’s Q2 2018 Impress Investors?

    On August 2, Apollo Global Management (APO) is expected to report its second-quarter results. In the first quarter, it saw subdued performance mainly due to its private equity segment. In the second quarter, it’s expected to report EPS of $0.54, which implies a rise of 17.4% YoY (year-over-year).

  • The Wall Street Journal24 days ago

    [$$] Arconic Weighs Buyout Approaches From Apollo and Blackstone-Carlyle Pairing

    Arconic Inc. is weighing takeover approaches from at least two private-equity groups, according to people familiar with the matter, in what would be one of the biggest recent leveraged buyouts. Blackstone Group LP and Carlyle Group LP made a joint approach to the aerospace-parts maker, while Apollo Global Management LLC also expressed interest, the people said. Arconic stock closed Wednesday at $19.26, having surged by more than 10% since The Wall Street Journal reported earlier this month that the company is the subject of private-equity interest.

  • How Berkshire Could Make Use of Excess Liquidity
    Market Realist24 days ago

    How Berkshire Could Make Use of Excess Liquidity

    Berkshire Hathaway’s (BRK.B) liquidity of over $115 billion is rising at a faster pace owing to strong cash flow generation from its BNSF, Manufacturing, Services, Insurance, and Energy segments.

  • VCTR or APO: Which Is the Better Value Stock Right Now?
    Zacks24 days ago

    VCTR or APO: Which Is the Better Value Stock Right Now?

    VCTR vs. APO: Which Stock Is the Better Value Option?