Arrowstreet Capital Limited Partnership Trims Holdings in Apartment Investment and Management (NYSE:AIV)

Arrowstreet Capital Limited Partnership reduced its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 10.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 845,244 shares of the real estate investment trust's stock after selling 101,722 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.60% of Apartment Investment and Management worth $7,683,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of AIV. Xponance Inc. bought a new stake in Apartment Investment and Management in the 4th quarter worth approximately $93,000. Cibc World Markets Corp bought a new stake in shares of Apartment Investment and Management in the 4th quarter worth approximately $118,000. Metis Global Partners LLC lifted its holdings in shares of Apartment Investment and Management by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust's stock worth $136,000 after acquiring an additional 1,526 shares during the last quarter. FMR LLC boosted its stake in shares of 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 valued at $140,000 after purchasing an additional 4,399 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in shares of Apartment Investment and Management during the 4th quarter valued at $212,000. 83.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a research note on Wednesday, February 26th.

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Apartment Investment and Management Trading Up 1.3 %

Shares of NYSE AIV traded up $0.10 during midday trading on Friday, reaching $7.60. The company had a trading volume of 1,035,243 shares, compared to its average volume of 975,933. The stock has a market cap of $1.08 billion, a PE ratio of -4.39 and a beta of 1.29. Apartment Investment and Management has a one year low of $6.89 and a one year high of $9.49. The firm's fifty day moving average price is $8.62 and its 200-day moving average price is $8.70. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its quarterly earnings data on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.04. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. The firm had revenue of $54.17 million during the quarter, compared to the consensus estimate of $53.11 million. On average, equities research analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share 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.