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Main » Apollo Investment Corp. (AINV) Upgraded to Hold at Zacks Investment Research

Apollo Investment Corp. (AINV) Upgraded to Hold at Zacks Investment Research

25 January 2017

Apollo Investment Corp. makes up approx 5.06% of Muzinich's portfolio. (NASDAQ:AINV) from a sell rating to a hold rating in a research note issued to investors on Monday.

Many Analysts provided their foresight on Revenue Estimates of Two Harbors Investment Corp. where they believe that the company has the potential to earn average revenue of $103.9 Million for the current quarter. Finally, National Securities reiterated a "neutral" rating and set a $6.00 price objective on shares of Apollo Investment Corp.in a research note on Wednesday, November 9th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company's stock. The stock presently has a consensus rating of "Buy" and a consensus price target of $9.54.

BMO Capital Markets reiterated a hold rating on shares of Apollo Investment Corp.in a report on Wednesday, November 9th.

Apollo Investment Corp. opened for trading at $5.92 and hit $5.95 on the upside on Friday, eventually ending the session at $5.94, with a gain of 0.34% or 0.02 points. 625,935 shares of the company traded hands. Chimera Investment Corp. has a one year low of $11.32 and a one year high of $17.72. The company has a 50 day moving average price of $6.00 and a 200 day moving average price of $5.92. The Return on Assets stands at 1.2%, Return on Equity shows 6.4% and Return on Investment value is 4.7%. (NYSE:TWO) last issued its earnings results on Wednesday, November 2nd. Apollo Investment Corp. During the same period in the previous year, the firm posted $0.21 earnings per share. On average, equities research analysts predict that Chimera Investment Corp. will post $2.39 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 5th. Shareholders of record on Friday, December 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, December 19th. This represents a $2.00 annualized dividend and a yield of 11.34%. Apollo Investment Corp.'s payout ratio is now -272.73%. "(CIM) Receives $16.63 Consensus Price Target from Brokerages" was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this news story on another website, it was illegally copied and republished in violation of USA and worldwide trademark and copyright legislation. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/01/24/chimera-investment-corp-cim-receives-16-63-consensus-price-target-from-brokerages.html. Schafer Cullen Capital Management Inc. acquired a new stake in Apollo Investment Corp. during the third quarter worth $102,000. Finally, US Bancorp DE boosted its position in Chimera Investment Corp.by 116.3% in the third quarter. Nisa Investment Advisors LLC bought a new position in Chimera Investment Corp. during the second quarter valued at approximately $159,000. Inc. raised its stake in Apollo Investment Corp.by 126.3% in the third quarter. BlackRock Group LTD now owns 1,213,128 shares of the company's stock valued at $6,721,000 after buying an additional 154,281 shares in the last quarter. The Company now has Insider ownership of 0.3 Percent and Institutional Ownership of 71.7 Percent. The Hedge Fund company now holds 55,409 shares of AINV which is valued at $337,995.Muzinich boosted its stake in AINV in the latest quarter, The investment management firm added 4,009,876 additional shares and now holds a total of 6,276,248 shares of Apollo Investment Corp. which is valued at $38,410,638.