Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
Industry Leader
The company's revenue leads the industry, with the latest annual revenue totaling USD 31.85B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 25.23%.
Undervalued
The company’s latest PB is 4.20, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 394.36M shares, decreasing 1.08% quarter-over-quarter.
Held by Leon Cooperman
Star Investor Leon Cooperman holds 1.14M shares of this stock.