SG Americas Securities LLC Raises Stock Holdings in Apartment Investment and Management (NYSE:AIV)

SG Americas Securities LLC increased its position in shares of Apartment Investment and Management (NYSE:AIV - Free Report) by 796.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,308 shares of the real estate investment trust's stock after purchasing an additional 123,767 shares during the period. SG Americas Securities LLC owned approximately 0.10% of Apartment Investment and Management worth $1,155,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Irenic Capital Management LP lifted its holdings in shares of Apartment Investment and Management by 502.3% during the fourth quarter. Irenic Capital Management LP now owns 2,780,939 shares of the real estate investment trust's stock worth $21,775,000 after buying an additional 2,319,208 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Apartment Investment and Management by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,773,481 shares of the real estate investment trust's stock valued at $13,886,000 after purchasing an additional 6,433 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in Apartment Investment and Management by 3.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 172,094 shares of the real estate investment trust's stock valued at $1,407,000 after purchasing an additional 5,808 shares during the period. Simplicity Wealth LLC acquired a new position in shares of Apartment Investment and Management during the 1st quarter worth approximately $1,186,000. Finally, Bleakley Financial Group LLC increased its holdings in shares of Apartment Investment and Management by 101.0% during the first quarter. Bleakley Financial Group LLC now owns 144,803 shares of the real estate investment trust's stock worth $1,186,000 after purchasing an additional 72,777 shares during the period. 83.26% of the stock is currently owned by institutional investors.

Apartment Investment and Management Stock Performance

Shares of AIV stock remained flat at $8.70 during trading on Friday. The company had a trading volume of 734,586 shares, compared to its average volume of 981,775. The company has a market cap of $1.26 billion, a price-to-earnings ratio of -7.37 and a beta of 1.37. Apartment Investment and Management has a fifty-two week low of $5.63 and a fifty-two week high of $9.20. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 2.92. The stock's 50 day simple moving average is $8.52 and its 200-day simple moving average is $8.09.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.33). The company had revenue of $51.15 million during the quarter, compared to analyst estimates of $50.84 million. Apartment Investment and Management had a negative net margin of 86.84% and a negative return on equity of 33.35%.

Apartment Investment and Management Company Profile

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.