FBR Capital Reiterates a 'Market Perform' on Apollo Investment Corp (AINV); In Line Quarter

FBR Capital reiterates a 'Market Perform' on Apollo Investment (NASDAQ: AINV), PT

FBR analyst says, "We reiterate our Market Perform investment rating on AINV shares following its 4Q(Mar)11 earnings release. NOI of $0.26 for the quarter was in line with the Street estimate and above our $0.24 estimate. Our estimates are under review pending the conference call at 11 AM."

"Fair value of portfolio (69 companies) was $3.05B or 92% of cost...For its 1Q(June)12 quarter, AINV declared a $0.28 dividend, consistent with prior quarter."

For more ratings news on Apollo Investment click here and for the rating history of Apollo Investment click here.

Shares of Apollo Investment closed at $11.41 yesterday.

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