Jefferies Cuts Price Target on Apollo Investment Corp. (AINV) to $7; Reiterates Buy
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Apollo Investment Corporation Reports Financial Results for the Quarter and Year Ended March 31, 2016
May 19, 2016 7:30 AM EDTFiscal Fourth Quarter and Other Recent Highlights:
Net investment income per share for the quarter was $0.20 compared to $0.21 for the quarter ended December 31, 2015 Net asset value per share as of the end of the quarter was $7.28 compared to $7.56 as of December 31, 2015, a 3.7% decline Declared a dividend of $0.20 per share for the quarter Invested $178.5 million during the quarter Net investment activity before repaid investments was $(11.4) million, and net investment activity after repayments was $(86.8) million for the quarter... More