Nisa Investment Advisors LLC boosted its position in shares of Apartment Investment and Management (NYSE:AIV - Free Report) by 101.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,869 shares of the real estate investment trust's stock after acquiring an additional 41,293 shares during the period. Nisa Investment Advisors LLC owned 0.06% of Apartment Investment and Management worth $744,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP acquired a new position in Apartment Investment and Management during the 2nd quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Apartment Investment and Management during the 2nd quarter valued at approximately $45,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Apartment Investment and Management by 34.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,059 shares of the real estate investment trust's stock valued at $46,000 after purchasing an additional 1,305 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in Apartment Investment and Management during the 3rd quarter valued at approximately $105,000. Finally, Algert Global LLC acquired a new position in Apartment Investment and Management during the 2nd quarter valued at approximately $109,000. Hedge funds and other institutional investors own 83.26% of the company's stock.
Apartment Investment and Management Stock Performance
Shares of NYSE:AIV traded down $0.10 during midday trading on Friday, reaching $9.01. The company's stock had a trading volume of 1,091,672 shares, compared to its average volume of 1,292,833. The firm has a market capitalization of $1.27 billion, a PE ratio of -5.21 and a beta of 1.38. Apartment Investment and Management has a twelve month low of $7.06 and a twelve month high of $9.48. The stock has a fifty day moving average of $8.76 and a 200 day moving average of $8.82. 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 released its quarterly earnings data on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.05). The business had revenue of $53.16 million during the quarter. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. On average, equities analysts expect that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.
Apartment Investment and Management Announces Dividend
The firm also recently disclosed a special dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, January 14th.
About Apartment Investment and Management
(
Free Report)
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.
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