Raging Capital Management Cut Compugen LTD (CGEN) Holding by $933,795; Market Valuation Rose; As Apollo Invt (AINV) Valuation Declined, West Family Investments Lowered Holding by $394,800

February 20, 2018 - By Hazel Jackson

West Family Investments Inc decreased its stake in Apollo Invt Corp (AINV) by 81.44% based on its latest 2017Q3 regulatory filing with the SEC. West Family Investments Inc sold 65,800 shares as the company’s stock declined 0.16% while stock markets rallied. The institutional investor held 15,000 shares of the company at the end of 2017Q3, valued at $92,000, down from 80,800 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Apollo Invt Corp for a number of months, seems to be less bullish one the $1.19 billion market cap company. The stock increased 1.66% or $0.09 during the last trading session, reaching $5.5. About 708,156 shares traded. Apollo Investment Corporation (NASDAQ:AINV) has risen 17.01% since February 20, 2017 and is uptrending. It has outperformed by 0.31% the S&P500.

William C. Martin decreased its stake in Compugen Ltd (CGEN) by 7.23% based on its latest 2017Q3 regulatory filing with the SEC. Raging Capital Management Llc sold 311,265 shares as the company’s stock rose 4.40% with the market. The hedge fund run by William C. Martin held 4.00 million shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $15.19 million, down from 4.31 million at the end of the previous reported quarter. Raging Capital Management Llc who had been investing in Compugen Ltd for a number of months, seems to be less bullish one the $158.55M market cap company. The stock increased 3.33% or $0.1 during the last trading session, reaching $3.1. About 140,065 shares traded. Compugen Ltd. (NASDAQ:CGEN) has declined 29.94% since February 20, 2017 and is downtrending. It has underperformed by 46.64% the S&P500.

Among 5 analysts covering Compugen (NASDAQ:CGEN), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Compugen had 8 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Compugen Ltd. (NASDAQ:CGEN) earned “Market Outperform” rating by JMP Securities on Wednesday, March 9. Oppenheimer maintained the shares of CGEN in report on Wednesday, August 5 with “Buy” rating. On Thursday, October 15 the stock rating was initiated by Cowen & Co with “Outperform”. The company was upgraded on Wednesday, September 2 by Zacks. MLV maintained Compugen Ltd. (NASDAQ:CGEN) on Wednesday, August 5 with “Buy” rating. The rating was initiated by FBR Capital on Thursday, October 15 with “Outperform”. The stock has “Sell” rating by Zacks on Friday, August 21.

Raging Capital Management Llc, which manages about $631.31M and $643.69M US Long portfolio, upped its stake in Range Res Corp (NYSE:RRC) by 399,800 shares to 1.14M shares, valued at $22.38 million in 2017Q3, according to the filing. It also increased its holding in Harmonic Inc (NASDAQ:HLIT) by 2.71M shares in the quarter, for a total of 7.35M shares, and has risen its stake in Bazaarvoice Inc (NASDAQ:BV).

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.05, from 1.12 in 2017Q2. It increased, as 21 investors sold AINV shares while 44 reduced holdings. 24 funds opened positions while 52 raised stakes. 96.55 million shares or 0.02% less from 96.57 million shares in 2017Q2 were reported. Capstone Inv Advsrs Limited has 0.01% invested in Apollo Investment Corporation (NASDAQ:AINV). Evercore Wealth Management Llc holds 0% of its portfolio in Apollo Investment Corporation (NASDAQ:AINV) for 2,800 shares. 538,195 were reported by Goldman Sachs Group Inc. Credit Suisse Ag accumulated 51,682 shares or 0% of the stock. 14,899 were reported by Bluecrest Capital Mgmt Limited. Hbk Invests LP reported 36,600 shares. Moreover, Davenport And Com Limited Com has 0% invested in Apollo Investment Corporation (NASDAQ:AINV). Levin Cap Strategies Limited Partnership accumulated 122,875 shares. Cls Investments Llc owns 1,000 shares for 0% of their portfolio. Us Retail Bank De accumulated 8,000 shares. Regent Investment Mngmt Lc stated it has 59,500 shares. Royal Commercial Bank Of Canada reported 179,433 shares. Jpmorgan Chase Com holds 162,576 shares. Envestnet Asset invested in 0% or 10,803 shares. Apollo Management Limited Partnership has invested 0.85% in Apollo Investment Corporation (NASDAQ:AINV).

Among 17 analysts covering Apollo Investment (NASDAQ:AINV), 8 have Buy rating, 1 Sell and 8 Hold. Therefore 47% are positive. Apollo Investment had 32 analyst reports since July 22, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 1 by Cantor Fitzgerald. The firm has “Market Perform” rating given on Friday, May 20 by Wood. BMO Capital Markets maintained the stock with “Hold” rating in Friday, October 6 report. The company was maintained on Sunday, November 5 by RBC Capital Markets. JP Morgan maintained it with “Neutral” rating and $6 target in Wednesday, November 1 report. Jefferies maintained Apollo Investment Corporation (NASDAQ:AINV) rating on Friday, November 3. Jefferies has “Buy” rating and $7.0 target. As per Monday, September 14, the company rating was maintained by UBS. Jefferies maintained Apollo Investment Corporation (NASDAQ:AINV) on Tuesday, August 15 with “Buy” rating. Citigroup maintained Apollo Investment Corporation (NASDAQ:AINV) on Friday, August 21 with “Neutral” rating. The stock of Apollo Investment Corporation (NASDAQ:AINV) has “Buy” rating given on Friday, November 3 by SunTrust.

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