APO Stock Fair Value – Bank of America Corp DE Sells 645912 Shares of Apollo Global Management,
June 6, 2023
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Bank of America Corp DE has recently sold 645912 shares of Apollo Global Management ($NYSE:APO), Inc. on Defense World. Apollo’s investment approach is focused on providing long-term capital appreciation, as well as current income, through its investments across multiple asset classes. Apollo also provides services including portfolio management, corporate advisory, restructuring, and other financial services. Apollo is headquartered in New York City and has offices in Los Angeles, London, Frankfurt, Tokyo, Hong Kong, Singapore and Beijing.
Price History
The trading session saw Apollo Global‘s stock open at $69.4 and close at $70.5, representing an increase of 1.1% from the previous day’s closing price of $69.7. This move follows Bank of America’s recent and ongoing sale of its holdings in Apollo Global Management, Inc. It is unclear what the motivation was for Bank of America’s divestment, though the sale is likely to have had a positive effect on the stock’s price. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for APO. More…
| Total Revenues | Net Income | Net Margin |
| 15.41k | -2.78k | -9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for APO. More…
| Operations | Investing | Financing |
| 8.85k | -32.19k | 28.99k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for APO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 270.32k | 252.59k | 14.23 |
Key Ratios Snapshot
Some of the financial key ratios for APO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 169.7% | 98.9% | -14.5% |
| FCF Margin | ROE | ROA |
| 57.5% | -33.1% | -0.5% |
Analysis – APO Stock Fair Value
At GoodWhale, we conducted a thorough analysis of APOLLO GLOBAL MANAGEMENT’s financials. Our proprietary Valuation Line resulted in an intrinsic value of APOLLO GLOBAL MANAGEMENT share of $103.8. This means that the stock is currently undervalued by 32.1%. This means that the current market value of the stock – $70.5 – does not reflect its true worth. This presents a great opportunity for investors looking to maximize their returns. More…
Peers
The competition between Apollo Global Management Inc and its competitors is fierce. KKR & Co Inc, Blackstone Inc, and Credit Suisse Group AG are all vying for a piece of the pie. The company has a strong track record of delivering superior returns to its investors. KKR & Co Inc is a leading global investment firm with a focus on buyouts, growth equity, and credit. Blackstone Inc is a leading global investment firm with a focus on private equity, real estate, and credit. Credit Suisse Group AG is a leading global financial services firm with a focus on investment banking, asset management, and wealth management.
– KKR & Co Inc ($NYSE:KKR)
KKR & Co Inc is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company has a market cap of 44.65B as of 2022 and a return on equity of 4.34%. KKR & Co Inc’s investment strategies are designed to generate long-term capital appreciation and create value for its investors. The company has a long history of successful investments in a wide range of industries and sectors.
– Blackstone Inc ($NYSE:BX)
Blackstone is a leading global investment firm specializing in private equity, credit, and hedge fund investments. With over $540 billion in assets under management, Blackstone’s diversified portfolio includes investments in some of the world’s most iconic companies. Blackstone’s return on equity is among the highest of all major investment firms, and its market capitalization is one of the largest in the world.
– Credit Suisse Group AG ($OTCPK:CSGKF)
Credit Suisse Group AG is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. The company provides services in investment banking, private banking, asset management, and wealth management. Credit Suisse AG is one of the world’s largest banks with a market capitalization of $9.96 billion as of 2022. The company has a long history dating back to 1856 and has been a major player in the Swiss financial industry. Credit Suisse AG is a publicly traded company listed on the Swiss Stock Exchange.
Summary
Investors have been keenly watching Apollo Global Management, Inc. for potential opportunities, and the recent activity from Bank of America Corp DE is a notable sign of this interest. Bank of America Corp DE recently sold 645912 shares in the company, suggesting that they believe there’s a good chance of a positive return in the future.
In addition, analysts have noted that Apollo Global Management, Inc. has a strong balance sheet, enabling it to make investments and take advantage of potential growth opportunities. Furthermore, the company has made a number of strategic acquisitions and partnerships that further its market reach and create even more potential for growth. With all these factors in mind, it is no wonder why investors are increasingly looking to Apollo Global Management, Inc. as a sound choice for an investment opportunity.
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