Apartment Investment and Management (NYSE:AIV) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 357.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 207,939 shares of the real estate investment trust's stock after acquiring an additional 162,518 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.14% of Apartment Investment and Management worth $1,880,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in AIV. Millennium Management LLC lifted its holdings in Apartment Investment and Management by 9.9% during the 2nd quarter. Millennium Management LLC now owns 6,001,979 shares of the real estate investment trust's stock valued at $49,756,000 after buying an additional 538,330 shares in the last quarter. DigitalBridge Group Inc. increased its position in shares of Apartment Investment and Management by 20.1% during the second quarter. DigitalBridge Group Inc. now owns 1,893,949 shares of the real estate investment trust's stock worth $15,701,000 after acquiring an additional 316,790 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Apartment Investment and Management by 0.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,878,033 shares of the real estate investment trust's stock valued at $15,568,000 after acquiring an additional 9,646 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Apartment Investment and Management by 5.1% in the second quarter. Bank of New York Mellon Corp now owns 638,901 shares of the real estate investment trust's stock worth $5,296,000 after purchasing an additional 31,052 shares in the last quarter. Finally, Meros Investment Management LP increased its holdings in Apartment Investment and Management by 4.7% during the 2nd quarter. Meros Investment Management LP now owns 508,819 shares of the real estate investment trust's stock worth $4,218,000 after purchasing an additional 22,789 shares during the period. 83.26% of the stock is owned by hedge funds and other institutional investors.

Apartment Investment and Management Stock Up 1.1 %

NYSE AIV traded up $0.09 on Monday, reaching $8.42. 1,125,221 shares of the stock traded hands, compared to its average volume of 963,222. Apartment Investment and Management has a 12 month low of $6.11 and a 12 month 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 company has a fifty day moving average price of $8.90 and a 200-day moving average price of $8.55. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -5.24 and a beta of 1.39.

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

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.