211,593 Shares in Apartment Investment and Management (NYSE:AIV) Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP acquired a new position in Apartment Investment and Management (NYSE:AIV - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 211,593 shares of the real estate investment trust's stock, valued at approximately $1,923,000. ExodusPoint Capital Management LP owned approximately 0.15% of Apartment Investment and Management at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AIV. Headlands Technologies LLC purchased a new stake in Apartment Investment and Management in the 4th quarter worth $55,000. Xponance Inc. bought a new position in Apartment Investment and Management during the fourth quarter valued at $93,000. Cibc World Markets Corp bought a new position in Apartment Investment and Management during the 4th quarter valued at about $118,000. Metis Global Partners LLC lifted its stake in Apartment Investment and Management by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust's stock worth $136,000 after purchasing an additional 1,526 shares during the last quarter. Finally, FMR LLC boosted its position in shares of Apartment Investment and Management by 39.8% during the third quarter. FMR LLC now owns 15,438 shares of the real estate investment trust's stock valued at $140,000 after buying an additional 4,399 shares during the period. 83.26% of the stock is currently owned by institutional investors.

Apartment Investment and Management Stock Up 1.8 %

NYSE AIV traded up $0.14 during midday trading on Monday, hitting $7.73. 79,086 shares of the company traded hands, compared to its average volume of 974,374. The company has a market cap of $1.10 billion, a PE ratio of -4.47 and a beta of 1.29. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. Apartment Investment and Management has a 52 week low of $6.89 and a 52 week high of $9.49. The company's 50-day simple moving average is $8.62 and its 200-day simple moving average is $8.69.

Remove Ads

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

Wall Street Analyst Weigh In

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

Apartment Investment and Management 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.