Y Intercept Hong Kong Ltd Increases Holdings in Apartment Investment and Management (NYSE:AIV)

Y Intercept Hong Kong Ltd lifted its holdings in Apartment Investment and Management (NYSE:AIV - Free Report) by 60.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 96,460 shares of the real estate investment trust's stock after purchasing an additional 36,432 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.07% of Apartment Investment and Management worth $877,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AIV. Rush Island Management LP bought a new position in Apartment Investment and Management during the third quarter valued at $15,999,000. Barclays PLC raised its position in shares of Apartment Investment and Management by 40.7% during the 3rd quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock valued at $5,948,000 after buying an additional 190,440 shares in the last quarter. Meros Investment Management LP lifted its holdings in shares of Apartment Investment and Management by 35.2% in the 3rd quarter. Meros Investment Management LP now owns 687,817 shares of the real estate investment trust's stock valued at $6,218,000 after acquiring an additional 178,998 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Apartment Investment and Management by 357.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 207,939 shares of the real estate investment trust's stock worth $1,880,000 after acquiring an additional 162,518 shares in the last quarter. Finally, Algert Global LLC increased its stake in Apartment Investment and Management by 570.7% during the third quarter. Algert Global LLC now owns 87,860 shares of the real estate investment trust's stock worth $794,000 after acquiring an additional 74,760 shares during the last quarter. Institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Trading Up 0.1 %

AIV traded up $0.01 during trading on Monday, reaching $9.06. The company had a trading volume of 816,975 shares, compared to its average volume of 1,187,990. 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 business has a 50 day simple moving average of $8.86 and a 200-day simple moving average of $8.82. The stock has a market cap of $1.29 billion, a P/E ratio of -5.24 and a beta of 1.38. Apartment Investment and Management has a 52 week low of $7.31 and a 52 week high of $9.48.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last released its earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.04. The firm had revenue of $54.17 million during the quarter, compared to analyst estimates 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 analysts anticipate 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 announced a special dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, January 14th. Apartment Investment and Management's dividend payout ratio is -136.49%.

Analyst Ratings Changes

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.