Apollo Investment Corp (AINV) Holder Ares Management LLC Has Increased Its Position by $3.54 Million

July 17, 2017 - By Peter Erickson

Investors sentiment increased to 1.94 in Q4 2016. Its up 0.98, from 0.96 in 2016Q3. It improved, as 12 investors sold AINV shares while 40 reduced holdings. 31 funds opened positions while 70 raised stakes. 93.38 million shares or 0.33% less from 93.69 million shares in 2016Q3 were reported. Panagora Asset Mngmt stated it has 9,681 shares or 0% of all its holdings. Commercial Bank Of Ny Mellon holds 0% or 14,231 shares in its portfolio. Cibc Ww Inc holds 55,409 shares or 0% of its portfolio. Envestnet Asset Incorporated has invested 0% in Apollo Investment Corp. (NASDAQ:AINV). Legal & General Grp Inc Public Limited Com stated it has 514,840 shares. Asset reported 0.03% in Apollo Investment Corp. (NASDAQ:AINV). Gsa Prtnrs Limited Liability Partnership holds 0.05% or 132,913 shares. Diligent Invsts Ltd Limited Liability Company holds 0.25% or 52,700 shares in its portfolio. 291 are held by Weaver C Barksdale Associate Incorporated. 79,500 are held by Hbk Invs Lp. Financial Advisers Ltd Liability Com has 0% invested in Apollo Investment Corp. (NASDAQ:AINV) for 26,448 shares. Wasatch Advsr Inc owns 65,200 shares. Bbr Prns has invested 0.02% in Apollo Investment Corp. (NASDAQ:AINV). Northwestern Mutual Wealth Mngmt owns 4,113 shares or 0% of their US portfolio. 12,250 are held by First City Cap.

Ares Management Llc increased its stake in Apollo Investment Corp (AINV) by 42.73% based on its latest 2016Q4 regulatory filing with the SEC. Ares Management Llc bought 708,900 shares as the company’s stock declined 0.16% while stock markets rallied. The institutional investor held 2.37M shares of the company at the end of 2016Q4, valued at $13.88M, up from 1.66M at the end of the previous reported quarter. Ares Management Llc who had been investing in Apollo Investment Corp for a number of months, seems to be bullish on the $1.39B market cap company. The stock rose 0.63% or $0.04 reaching $6.38 per share. About 363,563 shares traded. Apollo Investment Corp. (NASDAQ:AINV) has risen 17.01% since July 17, 2016 and is uptrending. It has outperformed by 0.31% the S&P500.

More important recent Apollo Investment Corp. (NASDAQ:AINV) news were published by: Businesswire.com which released: “Apollo Investment Corporation Schedules Earnings Release and Conference Call …” on June 29, 2017, also Prnewswire.com published article titled: “Initiating Research Reports on Asset Management Equities — Apollo Investment …”, Nasdaq.com published: “Apollo Investment Corporation (AINV) Ex-Dividend Date Scheduled for March 17, 2017” on March 16, 2017. More interesting news about Apollo Investment Corp. (NASDAQ:AINV) was released by: Reuters.com and their article: “Fitch Affirms Apollo Investment Corp at ‘BBB-‘; Outlook Remains Negative” with publication date: March 07, 2017.

Apollo Investment Corp. (NASDAQ:AINV) Ratings Coverage

Among 12 analysts covering Apollo Investment (NASDAQ:AINV), 5 have Buy rating, 1 Sell and 6 Hold. Therefore 42% are positive. Apollo Investment had 16 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, August 21 with “Neutral”. On Sunday, August 9 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The company was maintained on Monday, September 14 by UBS. The stock of Apollo Investment Corp. (NASDAQ:AINV) has “Sell” rating given on Thursday, February 11 by Citigroup. The firm earned “Neutral” rating on Wednesday, September 30 by DA Davidson. JMP Securities downgraded the stock to “Market Perform” rating in Thursday, February 11 report. The firm has “Buy” rating by Maxim Group given on Monday, August 10. The stock of Apollo Investment Corp. (NASDAQ:AINV) has “Market Perform” rating given on Friday, May 20 by Wood. On Wednesday, July 22 the stock rating was downgraded by Barclays Capital to “Equal Weight”. The firm has “Hold” rating given on Wednesday, May 31 by Keefe Bruyette & Woods.

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