As Apollo Global Mgmt LLC (APO) Share Value Declined, Hmi Capital LLC Upped Holding by $13.48 Million

June 11, 2018 - By Vivian Currie

Apollo Global Management, LLC (NYSE:APO) LogoInvestors sentiment increased to 1.34 in Q1 2018. Its up 0.12, from 1.22 in 2017Q4. It is positive, as 21 investors sold APO shares while 53 reduced holdings. 43 funds opened positions while 56 raised stakes. 134.22 million shares or 0.87% more from 133.07 million shares in 2017Q4 were reported. Hmi Capital Limited Liability reported 19.38% of its portfolio in Apollo Global Management, LLC (NYSE:APO). Weiss Multi reported 10,000 shares stake. Cheyne Mngmt (Uk) Limited Liability Partnership holds 1.17% or 87,418 shares in its portfolio. National Bank & Trust Of Mellon holds 0% or 7,547 shares. 22,712 were accumulated by Bnp Paribas Asset Mgmt. Mckinley Cap Mngmt Llc Delaware reported 875,424 shares or 1.51% of all its holdings. Jpmorgan Chase holds 6.27M shares or 0.04% of its portfolio. Navellier Associate Inc stated it has 9,366 shares. Rbf Capital Limited Liability holds 10,000 shares. New York-based Neuberger Berman Group Ltd Co has invested 0.01% in Apollo Global Management, LLC (NYSE:APO). New Mountain Vantage Advisers Limited Co holds 2.4% or 989,829 shares in its portfolio. Yorktown Management Research has 11,100 shares for 0.1% of their portfolio. The New Mexico-based Thornburg Invest Management has invested 0.18% in Apollo Global Management, LLC (NYSE:APO). Covey Cap Ltd Limited Liability Company, a Georgia-based fund reported 95,399 shares. Pnc Finance Gp reported 0% in Apollo Global Management, LLC (NYSE:APO).

Mick Hellman increased its stake in Apollo Global Mgmt Llc (APO) by 11.46% based on its latest 2018Q1 regulatory filing with the SEC. Hmi Capital Llc bought 464,814 shares as the company’s stock declined 7.41% with the market. The hedge fund run by Mick Hellman held 4.52M shares of the finance company at the end of 2018Q1, valued at $133.85 million, up from 4.05 million at the end of the previous reported quarter. Hmi Capital Llc who had been investing in Apollo Global Mgmt Llc for a number of months, seems to be bullish on the $13.09 billion market cap company. The stock increased 0.50% or $0.16 during the last trading session, reaching $32.4. About 248,437 shares traded. Apollo Global Management, LLC (NYSE:APO) has risen 14.36% since June 11, 2017 and is uptrending. It has outperformed by 1.79% the S&P500.

Hmi Capital Llc, which manages about $266.04 million and $766.24M US Long portfolio, decreased its stake in Lpl Finl Hldgs Inc (NASDAQ:LPLA) by 1.40 million shares to 482,021 shares, valued at $29.44 million in 2018Q1, according to the filing.

More notable recent Apollo Global Management, LLC (NYSE:APO) news were published by: Seekingalpha.com which released: “Apollo names new bosses at Qdoba” on May 14, 2018, also Seekingalpha.com with their article: “Reuters: BHP process to unload US shale operations could take until 2019” published on June 04, 2018, Globenewswire.com published: “New Research: Key Drivers of Growth for Cresud SACIF y A, Iamgold, The Habit Restaurants, Hershey, Assured …” on May 31, 2018. More interesting news about Apollo Global Management, LLC (NYSE:APO) were released by: Nasdaq.com and their article: “West Corporation Introduces Media Snippets, Interactive Multimedia Modules for Content Publishing” published on June 08, 2018 as well as Seekingalpha.com‘s news article titled: “Tracking Chase Coleman’s Tiger Global Portfolio – Q1 2018 Update” with publication date: May 27, 2018.

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

Among 8 analysts covering Apollo Global Management (NYSE:APO), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Apollo Global Management had 14 analyst reports since January 3, 2018 according to SRatingsIntel. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, February 1. JP Morgan maintained the shares of APO in report on Tuesday, May 1 with “Overweight” rating. The rating was maintained by Jefferies with “Buy” on Thursday, January 11. The stock of Apollo Global Management, LLC (NYSE:APO) earned “Overweight” rating by Morgan Stanley on Wednesday, January 3. The rating was maintained by Oppenheimer with “Buy” on Sunday, April 15. As per Wednesday, April 11, the company rating was maintained by Keefe Bruyette & Woods. The stock of Apollo Global Management, LLC (NYSE:APO) earned “Neutral” rating by Credit Suisse on Monday, February 5. Citigroup downgraded Apollo Global Management, LLC (NYSE:APO) on Monday, January 22 to “Neutral” rating. Citigroup upgraded the stock to “Buy” rating in Monday, March 12 report. Morgan Stanley maintained it with “Overweight” rating and $41 target in Tuesday, April 10 report.

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

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