Apollo Global Management Inc. $APO Position Lowered by Moore Capital Management LP

Moore Capital Management LP decreased its stake in Apollo Global Management Inc. by 12.5% in the second quarter, selling 83,000 shares but still holding 583,000 shares valued at approximately $69.0 million. Despite missing quarterly EPS and revenue estimates, analysts maintain a "Moderate Buy" consensus rating with an average price target of $152.77, compared to the recent price of $135.39. The company also declared a quarterly dividend of $0.5625, contributing to an annualized yield of 1.7%.