Fintel reports that on August 27, 2024, Redburn Atlantic initiated coverage of Apollo Global Management, Inc. - Corporate Bond (NYSE:APOS) with a Buy recommendation.
Analyst Price Forecast Suggests 14.13% Upside
As of August 26, 2024, the average one-year price target for Apollo Global Management, Inc. - Corporate Bond is $30.64/share. The forecasts range from a low of $26.94 to a high of $34.07. The average price target represents an increase of 14.13% from its latest reported closing price of $26.85 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Apollo Global Management, Inc. - Corporate Bond is 15,346MM, a decrease of 40.88%. The projected annual non-GAAP EPS is 8.28.
What is the Fund Sentiment?
There are 43 funds or institutions reporting positions in Apollo Global Management, Inc. - Corporate Bond. This is an decrease of 4 owner(s) or 8.51% in the last quarter. Average portfolio weight of all funds dedicated to APOS is 0.70%, an increase of 3.86%. Total shares owned by institutions decreased in the last three months by 5.41% to 9,722K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 2,275K shares. In its prior filing, the firm reported owning 2,387K shares , representing a decrease of 4.93%. The firm decreased its portfolio allocation in APOS by 0.66% over the last quarter.
PGX - Invesco Preferred ETF holds 989K shares. In its prior filing, the firm reported owning 1,012K shares , representing a decrease of 2.31%. The firm increased its portfolio allocation in APOS by 1.54% over the last quarter.
CPXAX - Cohen & Steers Preferred Securities & Income Fund, Inc. holds 677K shares. In its prior filing, the firm reported owning 1,130K shares , representing a decrease of 67.07%. The firm decreased its portfolio allocation in APOS by 44.04% over the last quarter.
John Hancock Tax-advantaged Dividend Income Fund holds 534K shares. No change in the last quarter.
ACPSX - Invesco Core Plus Bond Fund holds 508K shares. No change in the last quarter.
Apollo Global Management Background Information
(This description is provided by the company.)
apollo global management, llc and its subsidiaries ("apollo") is a leading global alternative investment manager. we are contrarian, value-oriented investors in private equity, credit and real estate, with significant distressed expertise. we operate our businesses in an integrated manner which we believe distinguishes us from other alternative investment managers. we have applied this investment philosophy over our 25-year history, deploying capital across the balance sheet of industry leading businesses, and seeking to create value for our investors throughout economic cycles.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
