Barclays PLC boosted its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 40.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 658,083 shares of the real estate investment trust's stock after purchasing an additional 190,440 shares during the quarter. Barclays PLC owned about 0.47% of Apartment Investment and Management worth $5,948,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. raised its holdings in shares of Apartment Investment and Management by 2.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 167,300 shares of the real estate investment trust's stock valued at $1,512,000 after buying an additional 3,600 shares during the last quarter. Rush Island Management LP acquired a new stake in Apartment Investment and Management in the 3rd quarter valued at approximately $15,999,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Apartment Investment and Management by 2.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 829,121 shares of the real estate investment trust's stock valued at $7,495,000 after acquiring an additional 21,088 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Apartment Investment and Management by 10.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,006 shares of the real estate investment trust's stock valued at $506,000 after acquiring an additional 5,499 shares in the last quarter. Finally, FMR LLC boosted its position in Apartment Investment and Management by 39.8% during 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. 83.26% of the stock is owned by institutional investors and hedge funds.
Apartment Investment and Management Stock Performance
Shares of NYSE:AIV traded up $0.24 on Friday, hitting $8.27. The company's stock had a trading volume of 2,355,787 shares, compared to its average volume of 942,534. Apartment Investment and Management has a 12 month low of $7.06 and a 12 month high of $9.48. The stock's 50-day moving average is $8.65 and its two-hundred day moving average is $8.68. 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 company has a market capitalization of $1.17 billion, a price-to-earnings ratio of -4.78 and a beta of 1.39.
Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its earnings results on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.05). Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. The company had revenue of $53.16 million during the quarter. On average, equities research analysts forecast that Apartment Investment and Management will post -0.8 EPS for the current year.
Apartment Investment and Management Announces Dividend
The company also recently announced a special dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 14th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, January 14th. Apartment Investment and Management's payout ratio is -58.38%.
Apartment Investment and Management Company Profile
(
Free Report)
Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco's mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.
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