Hsbc Holdings PLC Has $974,000 Holdings in Apartment Investment and Management (NYSE:AIV)

Hsbc Holdings PLC boosted its position in shares of Apartment Investment and Management (NYSE:AIV) by 15.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,832 shares of the real estate investment trust’s stock after acquiring an additional 15,130 shares during the period. Hsbc Holdings PLC owned 0.08% of Apartment Investment and Management worth $974,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of AIV. Thompson Siegel & Walmsley LLC bought a new stake in Apartment Investment and Management during the 4th quarter valued at approximately $8,155,000. Uniplan Investment Counsel Inc. grew its stake in shares of Apartment Investment and Management by 203.6% in the fourth quarter. Uniplan Investment Counsel Inc. now owns 942,251 shares of the real estate investment trust’s stock worth $8,565,000 after acquiring an additional 631,893 shares during the last quarter. Norges Bank bought a new position in Apartment Investment and Management during the fourth quarter worth $5,691,000. JPMorgan Chase & Co. boosted its holdings in Apartment Investment and Management by 34.5% in the 4th quarter. JPMorgan Chase & Co. now owns 967,860 shares of the real estate investment trust’s stock valued at $8,798,000 after purchasing an additional 248,329 shares during the period. Finally, ExodusPoint Capital Management LP bought a new stake in Apartment Investment and Management in the 4th quarter valued at $1,923,000. 83.26% of the stock is currently owned by institutional investors.

Apartment Investment and Management Price Performance

Shares of AIV stock opened at $8.24 on Friday. The company has a market capitalization of $1.17 billion, a P/E ratio of -4.76 and a beta of 1.29. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28. Apartment Investment and Management has a 12 month low of $6.89 and a 12 month high of $9.49. The stock has a 50 day moving average of $8.29 and a two-hundred day moving average of $8.59.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.04. The firm 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%. As a group, equities analysts expect that Apartment Investment and Management will post -0.8 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.