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Enter Symbol:
Rating: APO

Apollo Global Management LLC C (NYSE: APO) downgraded to Neutral by BofA/Merrill

Tuesday,  Dec 8, 2015  10:25 AM ET by Dave Ficere

BofA/Merrill downgraded Apollo Global Management LLC C (NYSE: APO) to
Neutral. Previously BofA/Merrill rated Buy Apollo Global Management LLC C (NYSE: APO) on 06/27/2013, when the stock price was $23.43.

American Community Properties Trust (ACPT) is a self-managed holding company that is primarily engaged in the business of investing in and managing multifamily rental properties, as well as community development and homebuilding. ACPT?s operations are primarily concentrated in the Washington, D.C. metropolitan area and Puerto Rico and are carried out through its United States subsidiaries, American Rental Properties Trust (ARPT), American Rental Management Company (ARMC), American Land Development, Inc. (ALD) and their subsidiaries and its Puerto Rican subsidiary, IGP Group Corp. (IGP Group). ACPT operates in two principal lines of business: Operating Real Estate and Land Development. The Operating Real Estate segment is comprised of ACPT?s investments in rental properties and property management services. The Land Development segment is comprised of ACPT?s community development and homebuilding services.


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