Green Square Capital LLC grew its holdings in shares of Apollo Investment Corporation (NASDAQ:AINV) by 1.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,976 shares of the asset manager’s stock after acquiring an additional 919 shares during the quarter. Green Square Capital LLC’s holdings in Apollo Investment Corporation were worth $373,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Rhumbline Advisers raised its stake in Apollo Investment Corporation by 0.3% during the second quarter. Rhumbline Advisers now owns 16,708 shares of the asset manager’s stock worth $107,000 after acquiring an additional 58 shares in the last quarter. Duncker Streett & Co. Inc. raised its stake in Apollo Investment Corporation by 0.3% during the second quarter. Duncker Streett & Co. Inc. now owns 64,433 shares of the asset manager’s stock worth $412,000 after acquiring an additional 164 shares in the last quarter. Pinebridge Investments L.P. raised its stake in Apollo Investment Corporation by 0.7% during the second quarter. Pinebridge Investments L.P. now owns 63,452 shares of the asset manager’s stock worth $405,000 after acquiring an additional 433 shares in the last quarter. GAM Holding AG raised its stake in Apollo Investment Corporation by 2.7% during the second quarter. GAM Holding AG now owns 16,652 shares of the asset manager’s stock worth $106,000 after acquiring an additional 441 shares in the last quarter. Finally, Neuberger Berman Group LLC raised its stake in Apollo Investment Corporation by 0.5% during the first quarter. Neuberger Berman Group LLC now owns 174,720 shares of the asset manager’s stock worth $1,146,000 after acquiring an additional 800 shares in the last quarter. 45.84% of the stock is owned by hedge funds and other institutional investors.

Several research analysts have recently issued reports on the company. Jefferies Group LLC reaffirmed a “buy” rating and issued a $7.00 price objective on shares of Apollo Investment Corporation in a research note on Friday, July 14th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $6.50 price objective on shares of Apollo Investment Corporation in a research note on Thursday, August 31st. Zacks Investment Research raised Apollo Investment Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. National Securities reaffirmed a “neutral” rating and issued a $6.00 price objective on shares of Apollo Investment Corporation in a research note on Wednesday, August 9th. Finally, BidaskClub downgraded Apollo Investment Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $6.33.

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Apollo Investment Corporation (AINV) traded up 0.2843% during mid-day trading on Monday, reaching $6.0672. 70,515 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $6.03 and a 200-day moving average of $6.33. Apollo Investment Corporation has a one year low of $5.65 and a one year high of $6.82.

Apollo Investment Corporation (NASDAQ:AINV) last announced its quarterly earnings results on Friday, August 4th. The asset manager reported $0.15 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.15. The business had revenue of $66.70 million for the quarter, compared to analysts’ expectations of $65.19 million. Apollo Investment Corporation had a return on equity of 9.75% and a net margin of 33.04%. The business’s quarterly revenue was down 12.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 EPS. On average, equities analysts forecast that Apollo Investment Corporation will post $0.63 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Thursday, September 21st were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, September 20th. This represents a $0.60 annualized dividend and a dividend yield of 9.92%. Apollo Investment Corporation’s dividend payout ratio (DPR) is presently 150.00%.

Apollo Investment Corporation 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.

Institutional Ownership by Quarter for Apollo Investment Corporation (NASDAQ:AINV)

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