Apartment Investment and Management (NYSE:AIV) Shares Purchased by AlphaQuest LLC

AlphaQuest LLC boosted its stake in Apartment Investment and Management (NYSE:AIV) by 43.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,777 shares of the real estate investment trust’s stock after acquiring an additional 19,028 shares during the period. AlphaQuest LLC’s holdings in Apartment Investment and Management were worth $571,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its stake in Apartment Investment and Management by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,851,566 shares of the real estate investment trust’s stock valued at $16,831,000 after purchasing an additional 8,713 shares during the last quarter. Metis Global Partners LLC increased its stake in Apartment Investment and Management by 11.4% during the fourth quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock valued at $136,000 after purchasing an additional 1,526 shares during the last quarter. Y Intercept Hong Kong Ltd increased its stake in Apartment Investment and Management by 60.7% during the fourth quarter. Y Intercept Hong Kong Ltd now owns 96,460 shares of the real estate investment trust’s stock valued at $877,000 after purchasing an additional 36,432 shares during the last quarter. Rhumbline Advisers increased its stake in Apartment Investment and Management by 1.1% during the fourth quarter. Rhumbline Advisers now owns 240,900 shares of the real estate investment trust’s stock valued at $2,190,000 after purchasing an additional 2,659 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in Apartment Investment and Management by 2.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 190,795 shares of the real estate investment trust’s stock valued at $1,587,000 after purchasing an additional 4,173 shares during the last quarter. 83.26% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Apartment Investment and Management from a “sell” rating to a “hold” rating in a research report on Wednesday, February 26th.

Apartment Investment and Management Stock Down 0.1 %

Apartment Investment and Management stock opened at $8.91 on Thursday. The company has a 50-day simple moving average of $8.93 and a 200-day simple moving average of $8.83. The firm has a market capitalization of $1.26 billion, a P/E ratio of -5.15 and a beta of 1.40. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. Apartment Investment and Management has a one year low of $7.31 and a one year high of $9.48.

Apartment Investment and Management (NYSE:AIV) last released its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.04. The business had revenue of $54.17 million during the quarter, compared to analyst estimates of $53.11 million. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. As a group, equities analysts expect that Apartment Investment and Management will post -0.8 earnings per share for the current year.

Apartment Investment and Management Announces Dividend

The business also recently announced a special dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 14th were given a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. Apartment Investment and Management’s dividend payout ratio is presently -136.49%.

Apartment Investment and Management Company Profile

Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded in 1975 and is headquartered in Denver, CO.