Thompson Siegel & Walmsley LLC Acquires New Holdings in Apartment Investment and Management (NYSE:AIV)

Thompson Siegel & Walmsley LLC acquired a new stake in shares of Apartment Investment and Management (NYSE:AIV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 897,100 shares of the real estate investment trust's stock, valued at approximately $8,155,000. Thompson Siegel & Walmsley LLC owned approximately 0.64% of Apartment Investment and Management at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Landscape Capital Management L.L.C. bought a new stake in Apartment Investment and Management during the third quarter worth approximately $105,000. Metis Global Partners LLC boosted its stake in shares of Apartment Investment and Management by 27.4% during the 3rd quarter. Metis Global Partners LLC now owns 13,419 shares of the real estate investment trust's stock worth $121,000 after acquiring an additional 2,882 shares in the last quarter. FMR LLC grew its holdings in shares of Apartment Investment and Management by 39.8% in the 3rd quarter. FMR LLC now owns 15,438 shares of the real estate investment trust's stock worth $140,000 after acquiring an additional 4,399 shares during the last quarter. Aigen Investment Management LP acquired a new stake in shares of Apartment Investment and Management during the third quarter worth $209,000. Finally, Entropy Technologies LP purchased a new stake in shares of Apartment Investment and Management during the fourth quarter valued at $212,000. Institutional investors and hedge funds own 83.26% of the company's stock.

Apartment Investment and Management Trading Down 0.1 %

Shares of AIV stock traded down $0.01 during trading hours on Tuesday, reaching $8.76. 627,380 shares of the stock traded hands, compared to its average volume of 943,983. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The firm has a market capitalization of $1.24 billion, a PE ratio of -5.06 and a beta of 1.40. Apartment Investment and Management has a 1-year low of $7.40 and a 1-year high of $9.49. The business has a fifty day moving average price of $8.92 and a 200 day moving average price of $8.82.

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

Apartment Investment and Management Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 14th were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. Apartment Investment and Management's dividend payout ratio is currently -136.49%.

Analysts Set New Price Targets

Separately, StockNews.com raised Apartment Investment and Management from a "sell" rating to a "hold" rating in a research note 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.