Apartment Investment and Management (NYSE:AIV) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 73.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 33,585 shares of the real estate investment trust’s stock after acquiring an additional 14,204 shares during the period. Tower Research Capital LLC TRC’s holdings in Apartment Investment and Management were worth $305,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co grew its stake in shares of Apartment Investment and Management by 0.9% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 161,046 shares of the real estate investment trust’s stock worth $1,462,000 after purchasing an additional 1,496 shares during the period. Metis Global Partners LLC grew its position in Apartment Investment and Management by 11.4% during the fourth quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock worth $136,000 after buying an additional 1,526 shares during the period. Van ECK Associates Corp lifted its position in shares of Apartment Investment and Management by 7.8% during the 4th quarter. Van ECK Associates Corp now owns 26,347 shares of the real estate investment trust’s stock valued at $239,000 after acquiring an additional 1,901 shares during the period. Rhumbline Advisers boosted its stake in shares of Apartment Investment and Management by 1.1% during the 4th quarter. Rhumbline Advisers now owns 240,900 shares of the real estate investment trust’s stock worth $2,190,000 after acquiring an additional 2,659 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Apartment Investment and Management by 2.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 190,795 shares of the real estate investment trust’s stock worth $1,587,000 after acquiring an additional 4,173 shares during the period. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Apartment Investment and Management from a “sell” rating to a “hold” rating in a research report on Wednesday, February 26th.

Apartment Investment and Management Stock Up 2.0 %

AIV stock opened at $8.24 on Friday. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. Apartment Investment and Management has a 12 month low of $6.89 and a 12 month high of $9.49. The firm has a market capitalization of $1.17 billion, a PE ratio of -4.76 and a beta of 1.29. The company’s 50 day simple moving average is $8.29 and its 200-day simple moving average is $8.60.

Apartment Investment and Management (NYSE:AIV) last released its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.04. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. The company had revenue of $54.17 million during the quarter, compared to the consensus estimate of $53.11 million. Equities analysts expect that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

Apartment Investment and Management Company 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.