Apollo Investment Corp. (NASDAQ:AINV) – Research analysts at Jefferies Group increased their Q4 2018 earnings per share (EPS) estimates for Apollo Investment Corp. in a report released on Tuesday. Jefferies Group analyst K. Joseph now forecasts that the brokerage will post earnings per share of $0.18 for the quarter, up from their prior estimate of $0.17. Jefferies Group currently has a “Buy” rating on the stock.

A number of other equities analysts also recently commented on AINV. National Securities restated a “neutral” rating and set a $6.00 price objective on shares of Apollo Investment Corp. in a research report on Wednesday. BMO Capital Markets restated a “hold” rating on shares of Apollo Investment Corp. in a research report on Wednesday. Zacks Investment Research upgraded shares of Apollo Investment Corp. from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Barclays PLC restated a “hold” rating and set a $6.00 price objective on shares of Apollo Investment Corp. in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Apollo Investment Corp. presently has an average rating of “Hold” and an average price target of $6.42.

Earnings History and Estimates for Apollo Investment Corp. (NASDAQ:AINV)

Apollo Investment Corp. (NASDAQ:AINV) traded down 0.67% during trading on Friday, reaching $5.96. 2,602,095 shares of the company were exchanged. Apollo Investment Corp. has a 12 month low of $4.26 and a 12 month high of $6.39. The stock has a 50 day moving average price of $5.91 and a 200 day moving average price of $5.75.

Apollo Investment Corp. (NASDAQ:AINV) last posted its quarterly earnings results on Tuesday, November 8th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Apollo Investment Corp. had a negative net margin of 15.42% and a positive return on equity of 10.42%. During the same quarter last year, the firm earned $0.21 EPS.

A number of institutional investors have recently bought and sold shares of AINV. Tower Research Capital LLC TRC increased its position in Apollo Investment Corp. by 18.2% in the third quarter. Tower Research Capital LLC TRC now owns 19,441 shares of the company’s stock valued at $113,000 after buying an additional 2,994 shares during the period. Ameriprise Financial Inc. boosted its stake in Apollo Investment Corp. by 11.1% in the second quarter. Ameriprise Financial Inc. now owns 21,931 shares of the company’s stock valued at $122,000 after buying an additional 2,192 shares in the last quarter. Eqis Capital Management Inc. boosted its stake in Apollo Investment Corp. by 14.1% in the second quarter. Eqis Capital Management Inc. now owns 22,332 shares of the company’s stock valued at $124,000 after buying an additional 2,753 shares in the last quarter. TCI Wealth Advisors Inc. boosted its stake in Apollo Investment Corp. by 3.5% in the second quarter. TCI Wealth Advisors Inc. now owns 22,496 shares of the company’s stock valued at $125,000 after buying an additional 754 shares in the last quarter. Finally, KCG Holdings Inc. boosted its stake in Apollo Investment Corp. by 15.4% in the second quarter. KCG Holdings Inc. now owns 22,922 shares of the company’s stock valued at $127,000 after buying an additional 3,053 shares in the last quarter. Hedge funds and other institutional investors own 42.83% of the company’s stock.

In other Apollo Investment Corp. news, President Howard Widra bought 5,000 shares of the company’s stock in a transaction on Wednesday, August 17th. The stock was purchased at an average cost of $6.02 per share, for a total transaction of $30,100.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Director Hilary E. Ackermann bought 6,000 shares of the company’s stock in a transaction on Wednesday, August 17th. The shares were acquired at an average price of $6.02 per share, with a total value of $36,120.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $60,200. The disclosure for this purchase can be found here. Company insiders own 0.26% of the company’s stock.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 5th. Shareholders of record on Wednesday, December 21st will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, December 19th. This represents a $0.60 annualized dividend and a yield of 10.07%. Apollo Investment Corp.’s dividend payout ratio (DPR) is currently -272.73%.

Apollo Investment Corp. Company Profile

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

5 Day Chart for NASDAQ:AINV

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