Apollo Global Management (APO) Receives Daily News Sentiment Score of 0.15

News coverage about Apollo Global Management (NYSE:APO) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apollo Global Management earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.350538766109 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Shares of Apollo Global Management (NYSE:APO) traded down $0.65 during midday trading on Wednesday, reaching $30.29. 739,222 shares of the company’s stock were exchanged, compared to its average volume of 1,238,528. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.58. Apollo Global Management has a 1 year low of $18.90 and a 1 year high of $33.37. The company has a market capitalization of $6,009.42, a PE ratio of 9.32, a P/E/G ratio of 1.04 and a beta of 1.22.

Apollo Global Management (NYSE:APO) last issued its earnings results on Wednesday, November 1st. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.56 by $0.51. Apollo Global Management had a net margin of 24.82% and a return on equity of 64.11%. The firm had revenue of $645.20 million for the quarter, compared to analysts’ expectations of $467.72 million. During the same quarter last year, the company posted $0.58 earnings per share. Apollo Global Management’s revenue was up 31.1% on a year-over-year basis. research analysts anticipate that Apollo Global Management will post 2.98 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Tuesday, November 21st were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, November 20th. This represents a $1.56 dividend on an annualized basis and a yield of 5.15%. Apollo Global Management’s dividend payout ratio is currently 50.98%.

A number of research firms recently commented on APO. Morgan Stanley lifted their price target on Apollo Global Management from $26.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 8th. Jefferies Group reiterated a “buy” rating and issued a $34.00 price target on shares of Apollo Global Management in a research note on Tuesday, September 26th. Zacks Investment Research downgraded Apollo Global Management from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Credit Suisse Group lifted their price target on Apollo Global Management from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, November 2nd. Finally, Wells Fargo & Company reiterated an “outperform” rating and issued a $39.00 price target (up from $34.00) on shares of Apollo Global Management in a research note on Thursday, November 2nd. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $33.38.

In other Apollo Global Management news, major shareholder Tiger Global Management Llc purchased 43,714 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were bought at an average price of $29.18 per share, with a total value of $1,275,574.52. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 4.11% of the company’s stock.

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Apollo Global Management Company Profile

Apollo Global Management, LLC (Apollo) is an alternative investment manager in private equity, credit and real estate. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. The Company’s segments include private equity, credit and real estate.

Insider Buying and Selling by Quarter for Apollo Global Management (NYSE:APO)

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