Headlines about Apollo Investment (NASDAQ:AINV) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apollo Investment earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the asset manager an impact score of 45.3558152887814 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of equities analysts have issued reports on the company. TheStreet upgraded Apollo Investment from a “c” rating to a “b-” rating in a report on Thursday, November 16th. BMO Capital Markets restated a “hold” rating and set a $6.00 price objective on shares of Apollo Investment in a research note on Wednesday, November 15th. ValuEngine upgraded shares of Apollo Investment from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. BidaskClub upgraded shares of Apollo Investment from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. Finally, SunTrust Banks restated a “buy” rating and set a $6.50 price objective on shares of Apollo Investment in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Apollo Investment currently has an average rating of “Hold” and an average price target of $6.38.
Apollo Investment (AINV) traded up $0.05 during trading on Wednesday, reaching $5.55. 766,464 shares of the company’s stock traded hands, compared to its average volume of 915,065. The company has a market cap of $1,190.00, a PE ratio of 16.32, a P/E/G ratio of 1.77 and a beta of 0.93. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.43 and a current ratio of 0.43. Apollo Investment has a 52-week low of $5.24 and a 52-week high of $6.82.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Tuesday, March 27th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, March 26th. This represents a $0.60 annualized dividend and a dividend yield of 10.81%. Apollo Investment’s dividend payout ratio is presently 176.47%.
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About Apollo Investment
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.
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