35,023 Shares in Apartment Investment and Management (NYSE:AIV) Purchased by American Century Companies Inc.

American Century Companies Inc. acquired a new position in shares of Apartment Investment and Management (NYSE:AIV - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 35,023 shares of the real estate investment trust's stock, valued at approximately $318,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Apartment Investment and Management by 9.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock worth $6,505,000 after purchasing an additional 63,888 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Apartment Investment and Management by 101.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 81,869 shares of the real estate investment trust's stock valued at $744,000 after buying an additional 41,293 shares in the last quarter. Barclays PLC raised its holdings in shares of Apartment Investment and Management by 40.7% during the 3rd quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock valued at $5,948,000 after buying an additional 190,440 shares during the period. Asset Management One Co. Ltd. lifted its position in Apartment Investment and Management by 2.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 190,795 shares of the real estate investment trust's stock worth $1,587,000 after acquiring an additional 4,173 shares in the last quarter. Finally, FMR LLC boosted its holdings in Apartment Investment and Management by 39.8% in the 3rd quarter. FMR LLC now owns 15,438 shares of the real estate investment trust's stock worth $140,000 after acquiring an additional 4,399 shares during the period. Institutional investors and hedge funds own 83.26% of the company's stock.

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Analyst Ratings Changes

Separately, StockNews.com raised 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 Up 0.3 %

Shares of NYSE:AIV traded up $0.03 during trading on Tuesday, hitting $7.73. The company's stock had a trading volume of 749,900 shares, compared to its average volume of 976,966. The company has a market capitalization of $1.10 billion, a PE ratio of -4.47 and a beta of 1.29. Apartment Investment and Management has a fifty-two week low of $6.89 and a fifty-two week high of $9.49. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. The stock's 50-day moving average price is $8.57 and its two-hundred day moving average price is $8.68.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last released its earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.04. The company had revenue of $54.17 million during the quarter, compared to analysts' expectations of $53.11 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. As a group, sell-side analysts expect that Apartment Investment and Management will post -0.8 EPS for the current year.

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.