Keefe, Bruyette & Woods Reaffirms Buy Rating for Apollo Global Management, LLC (APO)

Monday, 23 Oct, 2017

Glenview Capital Management Llc sold 4.60 million shares as Humana Inc (HUM)'s stock rose 11.38%. The Agf Investments America Inc holds 160,777 shares with $5.74 million value, up from 144,781 last quarter. Salesforce.Com Inc now has $71.08 billion valuation. Alps Advsr Inc holds 0% or 20,534 shares in its portfolio. About shares traded. Apollo Global Management LLC (NYSE:APO) has risen 63.33% since October 23, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. Penserra Capital Management LLC raised its position in Apollo Global Management by 10.0% in the 2nd quarter. Tower Rech Llc (Trc) invested 0.05% in Apollo Global Management LLC (NYSE:APO). Zacks Investment Research raised Apollo Global Management from a hold rating to a buy rating and set a $34.00 price objective on the stock in a research report on Tuesday, October 10th. Apollo Global Management LLC (NYSE:APO) has risen 63.33% since October 22, 2016 and is uptrending. It has outperformed by 46.63% the S&P500.

Investors sentiment decreased to 1.35 in 2017 Q2. Its down 0.40, from 1.75 in 2017Q1. The Company raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. 223.17 million shares or 0.94% less from 225.30 million shares in 2017Q1 were reported. Hwg Holdings Lp, a Texas-based fund reported 42,366 shares. 25,000 were reported by Karpas Strategies Ltd Llc. Chesapeake Asset Mngmt Ltd Co reported 64,049 shares stake. Huntington Bancshares invested in 3,339 shares. Institutional investors and hedge funds own 73.57% of the company's stock. Royal National Bank Of Canada accumulated 23,871 shares. The Director now owns $7,774,000 of the stock as reported to the SEC. The stock of Apollo Global Management LLC (NYSE:APO) earned "Buy" rating by Jefferies on Tuesday, March 22. Cutler Group LP downsized its investment by shedding 20,048 shares a decrease of 91.1% in the quarter. Sg Americas Securities reported 55,376 shares. Williams Jones And Limited Company has invested 0.01% in Apollo Global Management LLC (NYSE:APO). Burney holds 0.06% or 3,587 shares. LLC acquired a new position in shares of Apollo Global Management in the first quarter valued at about $161,000.

Glenview Capital Management Llc decreased Humana Inc (HUM) stake by 86.5% reported in 2017Q2 SEC filing. During the same quarter in the previous year, the company earned $0.98 earnings per share. APO's profit would be $106.63M giving it 14.56 P/E if the $0.55 EPS is correct. As of the last earnings report the EPS was $2.55 and is estimated to be $2.50 for the current year with 193,912,000 shares presently outstanding.

Among 16 analysts covering Apollo Global Management (NYSE:APO), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 57% are positive. Finally, UBS AG reissued a buy rating and set a $32.00 target price (up previously from $30.00) on shares of Apollo Global Management in a research note on Friday, August 4th. The company was upgraded on Wednesday, January 4 by Goldman Sachs. The rating was initiated by Wedbush on Wednesday, December 2 with "Outperform". Jefferies has "Buy" rating and $3100 target. On Thursday, July 13 the stock rating was maintained by Cowen & Co with "Buy". The legal version of this news story can be accessed at https://weekherald.com/2017/10/22/apollo-global-management-llc-apo-receives-buy-rating-from-keefe-bruyette-woods.html. The firm earned "Equal-Weight" rating on Tuesday, August 8 by Morgan Stanley. The rating was initiated by Citigroup on Thursday, October 29 with "Neutral". It also reduced Ishares Msci Germany Etf (EWG) stake by 16,426 shares and now owns 56,222 shares. Zimmer Biomet Holdings Inc (ZMH) was reduced too. As of quarter end Winslow, Evans & Crocker, Inc. had sold 5,477 shares trimming its holdings by 29.9%.

Glenview Capital Management Llc increased Brookdale Sr Living Inc (NYSE:BKD) stake by 520,000 shares to 15.25 million valued at $224.34 million in 2017Q2. Howe And Rusling has 50 shares for 0% of their portfolio.

Serengeti Asset Management Lp, which manages about $2.16B and $688.52M US Long portfolio, upped its stake in Adecoagro S A (NYSE:AGRO) by 50,000 shares to 950,000 shares, valued at $9.49M in 2017Q2, according to the filing. Suntrust Banks Inc stated it has 20,878 shares or 0% of all its holdings. (NYSE:CRM). Adams Diversified Equity Fund Inc owns 200,200 shares. The dividend payment was $0.520 per share for the quarter or $2.08 on an annualized basis. Main Street Research Lc holds 1.67% or 117,776 shares.

Bislett Management Llc holds 9.49% of its portfolio in PepsiCo, Inc. for 135,000 shares. (NYSE:CRM) or 54,150 shares. Commonwealth Comml Bank Of has invested 0% in Trimble Inc (NASDAQ:TRMB). (NYSE:CRM). Nationwide Fund holds 0.08% of its portfolio in salesforce.com, inc. Moreover, Kames Pcl has 0% invested in Trimble Inc (NASDAQ:TRMB).

Since May 4, 2017, it had 0 buys, and 4 selling transactions for $31.25 million activity. 41,717 shares were sold by VANDE STEEG NICKOLAS, worth $1.49M. The insider PAINTER ROBERT G sold 3,000 shares worth $107,618. BROUSSARD BRUCE D had sold 118,231 shares worth $26.70M on Thursday, May 4. About 681,140 shares traded. $720,760 worth of salesforce.com, inc. The shares sold for $30.01. Rbf has 10,000 shares.

Among 21 analysts covering Humana (NYSE:HUM), 12 have Buy rating, 0 Sell and 9 Hold. The rating was maintained by Northland Capital with "Outperform" on Thursday, November 19. The company was maintained on Monday, November 2 by JP Morgan. The stock has "Overweight" rating by Morgan Stanley on Saturday, August 22. The rating was maintained by Oppenheimer on Tuesday, June 13 with "Buy". The stock has "Neutral" rating by Credit Suisse on Thursday, August 3. The firm has "Positive" rating given on Wednesday, April 12 by Susquehanna. On Thursday, September 17 the stock rating was maintained by Jefferies with "Sell".

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.