SG Americas Securities LLC Reduces Position in Apartment Investment and Management (NYSE:AIV)

SG Americas Securities LLC lessened its holdings in Apartment Investment and Management (NYSE:AIV - Free Report) by 76.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,356 shares of the real estate investment trust's stock after selling 105,952 shares during the period. SG Americas Securities LLC's holdings in Apartment Investment and Management were worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Daiwa Securities Group Inc. increased its position in shares of Apartment Investment and Management by 3.6% in the first quarter. Daiwa Securities Group Inc. now owns 42,990 shares of the real estate investment trust's stock valued at $352,000 after buying an additional 1,496 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Apartment Investment and Management by 2.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 72,999 shares of the real estate investment trust's stock worth $605,000 after acquiring an additional 1,541 shares in the last quarter. ProShare Advisors LLC raised its position in Apartment Investment and Management by 7.0% during the first quarter. ProShare Advisors LLC now owns 25,924 shares of the real estate investment trust's stock worth $212,000 after acquiring an additional 1,700 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Apartment Investment and Management by 2.6% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 151,769 shares of the real estate investment trust's stock valued at $1,258,000 after purchasing an additional 3,916 shares in the last quarter. Finally, MQS Management LLC lifted its holdings in Apartment Investment and Management by 33.6% during the second quarter. MQS Management LLC now owns 17,485 shares of the real estate investment trust's stock valued at $145,000 after purchasing an additional 4,401 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company's stock.

Apartment Investment and Management Price Performance

Shares of AIV stock traded up $0.05 on Friday, reaching $8.83. 780,890 shares of the company were exchanged, compared to its average volume of 968,735. Apartment Investment and Management has a 1 year low of $5.63 and a 1 year high of $9.48. The company has a debt-to-equity ratio of 3.81, a quick ratio of 1.32 and a current ratio of 1.32. The business has a 50-day moving average price of $8.94 and a 200 day moving average price of $8.51. The company has a market cap of $1.28 billion, a price-to-earnings ratio of -7.48 and a beta of 1.38.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.33). The firm had revenue of $51.15 million for the quarter, compared to analysts' expectations of $50.84 million. Apartment Investment and Management had a negative return on equity of 51.94% and a negative net margin of 113.14%.

About Apartment Investment and Management

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.