The stock of Apollo Global Management Llc (NYSE:APO) registered a decrease of 0.66% in short interest. APO’s total short interest was 7.32 million shares in February as published by FINRA. Its down 0.66% from 7.37 million shares, reported previously. With 2.31M shares average volume, it will take short sellers 3 days to cover their APO’s short positions. The short interest to Apollo Global Management Llc’s float is 4.14%. The stock increased 2.31% or $0.34 on February 26, hitting $15.07. About 606,167 shares traded hands. Apollo Global Management LLC (NYSE:APO) has declined 27.20% since July 23, 2015 and is downtrending. It has underperformed by 19.87% the S&P500.
Apollo Global Management, LLC is an investment manager in private equity, credit and real estate. The company has a market cap of $2.76 billion. The Firm raises, invests and manages funds on behalf of pension, endowment and sovereign wealth funds, as well as other institutional and individual investors. It has 23.56 P/E ratio.
The institutional sentiment decreased to 0.94 in Q3 2015. Its down 0.11, from 1.05 in 2015Q2. The ratio fall, as 23 funds sold all Apollo Global Management LLC shares owned while 42 reduced positions. 12 funds bought stakes while 49 increased positions. They now own 103.33 million shares or 2.04% more from 101.26 million shares in 2015Q2.
Hmi Capital Llc holds 14.19% of its portfolio in Apollo Global Management LLC for 2.63 million shares. Serengeti Asset Management Lp owns 1.50 million shares or 4.46% of their US portfolio. Moreover, Coronation Asset Management (Pty) Ltd. has 2.19% invested in the company for 2.38 million shares. The Illinois-based Dsc Advisors L.P. has invested 2.15% in the stock. Trust & Fiduciary Management Services Inc, a Massachusetts-based fund reported 157,621 shares.
Out of 15 analysts covering Apollo Global Management (NYSE:APO), 7 rate it “Buy”, 0 “Sell”, while 11 “Hold”. This means 39% are positive. Apollo Global Management was the topic in 25 analyst reports since July 30, 2015 according to StockzIntelligence Inc. UBS maintained the stock on February 4 with “Buy” rating.
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