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Schroder cut Apollo holdings, but Principal greatly increased its stake, as Bank of America upgraded Apollo's target price.
Schroder Investment Management Group reduced its holdings in Apollo Global Management by 14.7% in Q4, now owning 34,280 shares worth $5.7 million.
Meanwhile, Principal Financial Group Inc. significantly increased its stake by 813.6%.
Apollo Global Management's shares opened at $108.22, with a 52-week range of $95.11 to $189.49.
Bank of America upgraded its target price to $190.00, maintaining a buy rating.
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Schroder cortó las participaciones de Apollo, pero Principal aumentó enormemente su participación, mientras Bank of America mejoraba el precio objetivo de Apollo.