Apartment Investment and Management (NYSE:AIV) Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB raised its position in Apartment Investment and Management (NYSE:AIV) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,948 shares of the real estate investment trust’s stock after acquiring an additional 3,300 shares during the quarter. Handelsbanken Fonder AB’s holdings in Apartment Investment and Management were worth $234,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of AIV. Fox Run Management L.L.C. boosted its position in Apartment Investment and Management by 8.7% in the 3rd quarter. Fox Run Management L.L.C. now owns 23,332 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 1,876 shares during the period. Nisa Investment Advisors LLC grew its stake in Apartment Investment and Management by 5.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 54,538 shares of the real estate investment trust’s stock worth $371,000 after purchasing an additional 2,896 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Apartment Investment and Management by 4.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 69,464 shares of the real estate investment trust’s stock worth $472,000 after purchasing an additional 2,948 shares during the period. Mackenzie Financial Corp raised its position in Apartment Investment and Management by 41.6% in the 4th quarter. Mackenzie Financial Corp now owns 14,476 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 4,252 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Apartment Investment and Management by 39.2% in the 3rd quarter. Principal Financial Group Inc. now owns 21,945 shares of the real estate investment trust’s stock valued at $149,000 after purchasing an additional 6,185 shares during the last quarter. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AIV shares. StockNews.com downgraded shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research note on Monday, February 26th. TheStreet raised Apartment Investment and Management from a “d+” rating to a “c-” rating in a research report on Tuesday, January 16th.

Apartment Investment and Management Stock Up 1.1 %

Shares of NYSE:AIV opened at $8.20 on Friday. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 2.73. Apartment Investment and Management has a twelve month low of $5.63 and a twelve month high of $8.93. The company has a market capitalization of $1.19 billion, a PE ratio of -7.01 and a beta of 1.30. The firm has a 50 day simple moving average of $7.84 and a 200-day simple moving average of $7.41.

Apartment Investment and Management (NYSE:AIV) last posted its earnings results on Thursday, February 22nd. The real estate investment trust reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($1.01). The firm had revenue of $49.35 million during the quarter. Apartment Investment and Management had a negative net margin of 88.87% and a negative return on equity of 30.04%.

Apartment Investment and Management Profile

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.