$0.16 EPS Expected for Apollo Investment Corp. (AINV)

November 4, 2017 – By Marguerite Chambers

Investors sentiment increased to 1.12 in 2017 Q2. Its up 0.03, from 1.09 in 2017Q1. It improved, as 13 investors sold Apollo Investment Corp. shares while 52 reduced holdings. 18 funds opened positions while 55 raised stakes. 96.57 million shares or 2.16% more from 94.52 million shares in 2017Q1 were reported.
Catalyst Advsr Lc has 115,463 shares. Hillsdale Investment accumulated 0.32% or 255,000 shares. Eagle Lc has invested 0.01% in Apollo Investment Corp. (NASDAQ:AINV). 24.82M are owned by Thornburg. Wells Fargo Mn has invested 0.01% in Apollo Investment Corp. (NASDAQ:AINV). Regent Inv Mngmt Ltd Liability Corp holds 0.14% or 60,280 shares. Millennium Mgmt Ltd Com owns 1.90M shares. Pacad Investment Limited invested in 0.01% or 7,100 shares. Ares Management Lc accumulated 2.43M shares. Barclays Public Ltd Company stated it has 8,961 shares or 0% of all its holdings. First Allied Advisory holds 10,217 shares or 0% of its portfolio. Fny Managed Accounts Limited Liability Company stated it has 0.05% of its portfolio in Apollo Investment Corp. (NASDAQ:AINV). Hutchin Hill Capital L P has invested 0.06% in Apollo Investment Corp. (NASDAQ:AINV). Sumitomo Mitsui holds 14,847 shares or 0% of its portfolio. Duncker Streett & Inc accumulated 0.13% or 64,433 shares.

Wall Street await Apollo Investment Corp. (NASDAQ:AINV) to release earnings on November, 14. Analysts forecast EPS of $0.16, down exactly $0.02 or 11.11 % from 2014’s $0.18 EPS. The expected AINV’s profit could reach $35.21M giving the stock 9.52 P/E in the case that $0.16 earnings per share is reported. After posting $0.15 EPS for the previous quarter, Apollo Investment Corp.’s analysts now forecast 6.67 % EPS growth. The stock increased 3.75% or $0.22 on November 3, reaching $6.09. About 1.60M shares traded or 91.71% up from the average. Apollo Investment Corp. (NASDAQ:AINV) has risen 17.01% since November 4, 2016 and is uptrending. It has outperformed by 0.31% the S&P500.

Apollo Investment Corp. (NASDAQ:AINV) Ratings Coverage

Among 14 analysts covering Apollo Investment (NASDAQ:AINV), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Apollo Investment had 24 analyst reports since July 22, 2015 according to SRatingsIntel. On Wednesday, July 22 the stock rating was downgraded by Barclays Capital to “Equal Weight”. The rating was maintained by JP Morgan on Wednesday, November 1 with “Neutral”. The stock has “Buy” rating by Cantor Fitzgerald on Sunday, August 9. Maxim Group maintained the shares of AINV in report on Monday, August 10 with “Buy” rating. The stock of Apollo Investment Corp. (NASDAQ:AINV) has “Sell” rating given on Thursday, February 11 by Citigroup. The firm earned “Market Perform” rating on Friday, May 20 by Wood. Keefe Bruyette & Woods maintained the shares of AINV in report on Wednesday, May 31 with “Hold” rating. Jefferies maintained Apollo Investment Corp. (NASDAQ:AINV) on Tuesday, August 15 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, October 5. DA Davidson initiated Apollo Investment Corp. (NASDAQ:AINV) rating on Wednesday, September 30. DA Davidson has “Neutral” rating and $6 target.

Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The company has market cap of $1.34 billion. The Company’s investment objective is to generate current income and capital appreciation. It has a 16.74 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.

More news for Apollo Investment Corp. (NASDAQ:AINV) were recently published by: Prnewswire.com, which released: “Initiating Research Reports on Asset Management Equities — Apollo Investment …” on October 09, 2017. Businesswire.com‘s article titled: “Apollo Investment Corporation Reports Financial Results for the Quarter Ended …” and published on November 03, 2017 is yet another important article.