Apollo Investment Corp. (AINV) : Wealthcare Capital Management scooped up 11 additional shares in Apollo Investment Corp. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 13, 2016. The investment management firm now holds a total of 336 shares of Apollo Investment Corp. which is valued at $1,999.
Other Hedge Funds, Including , Edge Wealth Management reduced its stake in AINV by selling 1,300 shares or 15.74% in the most recent quarter. The Hedge Fund company now holds 6,959 shares of AINV which is valued at $41,406. Apollo Investment Corp. makes up approx 0.02% of Edge Wealth Management’s portfolio.Creative Planning boosted its stake in AINV in the latest quarter, The investment management firm added 439 additional shares and now holds a total of 14,042 shares of Apollo Investment Corp. which is valued at $83,269. Simplex Trading sold out all of its stake in AINV during the most recent quarter. The investment firm sold 1,646 shares of AINV which is valued $9,810.
Apollo Investment Corp. closed down -0.03 points or -0.50% at $5.93 with 5,69,188 shares getting traded on Tuesday. Post opening the session at $5.94, the shares hit an intraday low of $5.885 and an intraday high of $5.95 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Apollo Investment Corp. reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Aug 5, 2016. Analyst had a consensus of $0.19.Analysts expectations of $ 84.30.During the same quarter in the previous year, the company posted $0.22 EPS.
Apollo Investment Corporation (Apollo Investment) is a closed-end externally managed non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation. The Company invests primarily in various forms of debt investments including secured and unsecured debt loan investments and/or equity in private middle-market companies. It may also invest in the securities of public companies and structured products such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). It invests in middle-market which include companies with annual revenues between $50 million and $2 billion. It may also invest a portion of the portfolio in other investment opportunities including foreign securities and structured products. Apollo Investment Management L.P. is the Company’s investment adviser.