Apollo Investment Corp (NASDAQ:AINV) Shifting Institutional Investors Sentiment

October 13, 2017 - By Stephen Andrade

 Apollo Investment Corp (NASDAQ:AINV) Shifting Institutional Investors Sentiment

Sentiment for Apollo Investment Corp (NASDAQ:AINV)

Apollo Investment Corp (NASDAQ:AINV) institutional sentiment increased to 1.12 in 2017 Q2. Its up 0.03, from 1.09 in 2017Q1. The ratio has improved, as 73 investment professionals increased or started new positions, while 65 reduced and sold stakes in Apollo Investment Corp. The investment professionals in our partner’s database now own: 96.57 million shares, up from 94.52 million shares in 2017Q1. Also, the number of investment professionals holding Apollo Investment Corp in their top 10 positions was flat from 4 to 4 for the same number . Sold All: 13 Reduced: 52 Increased: 55 New Position: 18.

Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The company has market cap of $1.32 billion. The Company’s investment objective is to generate current income and capital appreciation. It has a 14.98 P/E ratio. It invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies.

About 563,696 shares traded. Apollo Investment Corp. (NASDAQ:AINV) has risen 17.01% since October 13, 2016 and is uptrending. It has outperformed by 0.31% the S&P500.

Investors wait Apollo Investment Corp. (NASDAQ:AINV) to report on November, 14. its quarterly earnings Wall Street analysts expect $0.16 earnings per share, down $0.02 or 11.11 % from last year’s $0.18 same quarter earnings. This translates into $35.08M profit for AINV giving the stock a 9.41 P/E. This is assuming the current $0.16 EPS is accurate. Apollo Investment Corp.’s Wall Street analysts see 6.67 % EPS growth, taking into account the $0.15 EPS reproted in the previous quarter,

Muzinich & Co. Inc. holds 5.35% of its portfolio in Apollo Investment Corp. for 9.57 million shares. Greenwich Investment Management Inc. owns 591,300 shares or 4.41% of their US portfolio. Moreover, Raiff Partners Inc has 3.68% invested in the company for 200,000 shares. The Ohio-based Camelot Portfolios Llc has invested 3.35% in the stock. Graybill Bartz & Assoc Ltd, a Illinois-based fund reported 372,177 shares.#img1#

Apollo Investment Corp. (NASDAQ:AINV) Ratings Coverage

Ratings analysis reveals 38% of Apollo Investment’s analysts are positive. Out of 13 Wall Street analysts rating Apollo Investment, 5 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $5.75 while the high is $8.50. The stock’s average target of $6.77 is 12.46% above today’s ($6.02) share price. AINV was included in 22 notes of analysts from July 22, 2015. The stock of Apollo Investment Corp. (NASDAQ:AINV) earned “Market Perform” rating by Wood on Friday, May 20. The firm has “Buy” rating given on Sunday, August 9 by Cantor Fitzgerald. On Tuesday, September 1 the stock rating was downgraded by Cantor Fitzgerald to “Buy”. The stock of Apollo Investment Corp. (NASDAQ:AINV) earned “Sell” rating by Citigroup on Thursday, February 11. Jefferies maintained Apollo Investment Corp. (NASDAQ:AINV) on Friday, September 22 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Friday, August 4. The rating was maintained by Jefferies on Tuesday, August 15 with “Buy”. The rating was maintained by BMO Capital Markets on Friday, October 6 with “Hold”. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, October 5. The firm has “Market Perform” rating given on Thursday, February 11 by JMP Securities.

More recent Apollo Investment Corp. (NASDAQ:AINV) news were published by: Seekingalpha.com which released: “Apollo Investment Corp. Is Undervalued” on July 31, 2017. Also Businesswire.com published the news titled: “Apollo Investment Corporation Schedules Earnings Release and Conference Call …” on September 27, 2017. Prnewswire.com‘s news article titled: “Initiating Research Reports on Asset Management Equities — Apollo Investment …” with publication date: October 09, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.