Today I'm reviewing a large-cap asset management firm. It's name is Apollo Global Management  It's trading ticker symbol is APO. I last reviewed APO March 16th.

Apollo Global Management LLC is an alternative asset management company. It invests and manages funds on behalf of prominent pension, endowment and sovereign wealth funds as well as other institutional and individual investors.

It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe.

It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1.5 billion. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies.

Apollo Global Management, LLC was founded in 1990 and is headquartered in New York City, with additional offices in New York City; Bethesda, Maryland; Chicago, Illinois; Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Central, Hong Kong; Singapore; and Luxembourg.

I use three key data points to gauge the value of any dividend equity or fund like Apollo Global Management LLC: 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

APO Price

Apollo's price per share was $34.09 at yesterday's market close. A year ago its price was $28.83 for a gain of $5.36 per share.  

Assuming Apollo's price will trade in the range of $28 to $40 next year, its price could make that same $5.36 gain or better from its current $34.09 price to $39.45 by early August 2019. 

APO Dividends

Apollo's most recent variable quarterly dividend was $0.38  declared May 2  and paid May 31.

At it's most recent quarterly pay rate, its 2018 annual dividend is calculated at $1.95  yielding 5.72% at yesterdays closing price.

Gains For APO?

Adding the $1.95 estimated annual dividend to the $5.36  year over year theoretical price gain for Apollo makes a $7.31 projected gross annual per share gain, which will be reduced by costs to trade the shares.  

A little under $1,000.00 invested today at the $34.09 recent price buys 29 Apollo shares. 

A $10 broker fee paid half at purchase and half at sale costs about $0.34 per share

Subtracting that $0.34 brokerage cost from the estimated $7.31 gross gain leaves a net gain of $6.97 X 29 shares 

= $202.13

or a 20% net gain on a $988.61 investment.

Therefore, Apollo Global Management LLC, whose trading ticker symbol is APO, now shows a possible 20% net gain including a 5.72% dividend yield. 

Fifteen analysts cover this stock:

Seven say "buy"

Five say Apollo will "outperform" its peers.

Three rate it as a "hold".

So, the analyst consensus recommendation is 1.73 or "outperform".

The price target set by those fifteen brokers is $0.15 above the $39.45 year over year price target I hazarded. 

Y Charts has data too. Y Charts has rated APO "neutral" for an overall "Y" rating; it has "good" for a Value score, and "strong" for a Fundamental mark as well as "23.66% over" for a Historic Valuation score based on a historic $25.57 value calculation.

However, you could look at all the numbers this way, Apollo Global Management LLC has made money, is making money, and could net a 20%  gain including a 5.72% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. Actual results remain to be seen. Results could turn out to be far higher or lower. More study is required for you to determine if  Apollo Global Management LLC is worth your time and money.