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Jupiter Asset Management Ltd. Has $13.52 Million Stock Holdings in Apollo Global Management Inc. $APO
Jupiter Asset Management Ltd. significantly increased its stake in Apollo Global Management Inc. (NYSE:APO) by 123.4% in the third quarter, bringing its total holdings to $13.52 million. Other institutional investors also adjusted their positions, and analysts have provided mixed ratings with a consensus “Buy” and target price of $162.64. The company recently reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.51 per share.