Apollo Global Management LLC (APO): Today's Featured Financial Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Apollo Global Management ( APO) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Apollo Global Management fell $1.14 (-4.2%) to $26.20 on average volume. Throughout the day, 1,808,221 shares of Apollo Global Management exchanged hands as compared to its average daily volume of 1,335,600 shares. The stock ranged in price between $26.12-$26.89 after having opened the day at $26.75 as compared to the previous trading day's close of $27.34. Other companies within the Financial Services industry that declined today were: Consumer Portfolio Services ( CPSS), down 6.7%, Federal Agricultural Mortgage ( AGM.A), down 3.8%, RBS Oil Trendpilot Exchange Traded Notes ( TWTI), down 3.4% and Blackhawk Network Holdings ( HAWK), down 2.6%.
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Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. Apollo Global Management has a market cap of $3.5 billion and is part of the financial sector. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are up 57.5% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate Apollo Global Management a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Apollo Global Management as a sell. The area that we feel has been the company's primary weakness has been its feeble growth in its earnings per share.

On the positive front, Noah Holdings ( NOAH), down 9.9%, Global X Silver Miners ETF ( SIL), down 5.1%, Millennium India Acquisition Corporation ( SMCG), down 4.6% and Ladenburg Thalman Financial Services ( LTS), down 3.9% , were all gainers within the financial services industry with Capital One Financial ( COF) being today's featured financial services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).

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