Apollo Global Management LLC (APO) Holder Hillman Co Lifted Its Stake

September 16, 2018 - By Margaret Guttierez

Apollo Global Management, LLC (NYSE:APO) LogoInvestors sentiment decreased to 0.83 in 2018 Q2. Its down 0.51, from 1.34 in 2018Q1. It dived, as 42 investors sold APO shares while 46 reduced holdings. 25 funds opened positions while 48 raised stakes. 140.88 million shares or 4.97% more from 134.22 million shares in 2018Q1 were reported. Citigroup invested in 3.24M shares or 0.09% of the stock. Commerzbank Aktiengesellschaft Fi has 25,105 shares. Capital Ww Investors owns 10.68 million shares. Markel Corporation reported 925,000 shares or 0.54% of all its holdings. Brown Advisory reported 0.03% stake. Aviance Lc has 29,527 shares. Tiger Ltd Liability Co holds 582,222 shares or 3.74% of its portfolio. Pzena Inv Management Ltd Company has 346,032 shares. Sg Americas Limited Liability holds 0.01% or 21,732 shares. Lpl Limited Liability owns 100,480 shares. Robeco Institutional Asset Management Bv holds 0.05% or 350,000 shares. Quinn Opportunity Prtn Limited Liability Co has 90,900 shares for 0.35% of their portfolio. Great West Life Assurance Communication Can invested in 26,931 shares or 0% of the stock. Concourse Mgmt Ltd Liability has invested 4.42% in Apollo Global Management, LLC (NYSE:APO). Cambridge Rech Incorporated holds 0% or 9,424 shares.

Hillman Co increased its stake in Apollo Global Management Llc (APO) by 17.2% based on its latest 2018Q2 regulatory filing with the SEC. Hillman Co bought 99,405 shares as the company’s stock rose 6.51% with the market. The institutional investor held 677,448 shares of the finance company at the end of 2018Q2, valued at $21.59M, up from 578,043 at the end of the previous reported quarter. Hillman Co who had been investing in Apollo Global Management Llc for a number of months, seems to be bullish on the $13.90 billion market cap company. The stock increased 0.94% or $0.32 during the last trading session, reaching $34.4. About 552,593 shares traded. Apollo Global Management, LLC (NYSE:APO) has risen 18.09% since September 16, 2017 and is uptrending. It has outperformed by 2.47% the S&P500.

Hillman Co, which manages about $359.87 million US Long portfolio, decreased its stake in Constellation Brands Inc (NYSE:STZ) by 17,214 shares to 175,443 shares, valued at $38.40 million in 2018Q2, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 25,457 shares in the quarter, leaving it with 203,448 shares, and cut its stake in Netflix Inc (NASDAQ:NFLX).

More notable recent Apollo Global Management, LLC (NYSE:APO) news were published by: Globenewswire.com which released: “West Corporation to Acquire INXPO” on September 13, 2018, also Seekingalpha.com with their article: “Arconic reportedly in talks to sell itself: Reuters” published on August 24, 2018, Seekingalpha.com published: “Merger Arbitrage Mondays – September 3, 2018” on September 04, 2018. More interesting news about Apollo Global Management, LLC (NYSE:APO) were released by: Seekingalpha.com and their article: “Aspen-Apollo deal may lead to more insurer M&A: KBW” published on August 28, 2018 as well as Digitaljournal.com‘s news article titled: “NYSE:AHL Investor Alert: Investigation of Takeover of Aspen Insurance Holdings Limited” with publication date: September 12, 2018.

Apollo Global Management, LLC (NYSE:APO) Ratings Coverage

Among 5 analysts covering Apollo Global Management (NYSE:APO), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Apollo Global Management has $42 highest and $33 lowest target. $38.60’s average target is 12.21% above currents $34.4 stock price. Apollo Global Management had 8 analyst reports since April 6, 2018 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, July 12 with “Overweight”. Deutsche Bank maintained Apollo Global Management, LLC (NYSE:APO) on Friday, April 6 with “Hold” rating. The rating was maintained by Deutsche Bank on Friday, May 4 with “Hold”. On Sunday, April 15 the stock rating was maintained by Oppenheimer with “Buy”. JP Morgan maintained Apollo Global Management, LLC (NYSE:APO) on Tuesday, May 1 with “Overweight” rating. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, April 10. The company was maintained on Wednesday, April 11 by Keefe Bruyette & Woods. The stock of Apollo Global Management, LLC (NYSE:APO) earned “Outperform” rating by Oppenheimer on Wednesday, July 18.

Apollo Global Management, LLC (NYSE:APO) Institutional Positions Chart

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