Intech Investment Management LLC Grows Stock Holdings in Apartment Investment and Management (NYSE:AIV)

Intech Investment Management LLC increased its stake in Apartment Investment and Management (NYSE:AIV) by 100.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 63,414 shares of the real estate investment trust’s stock after buying an additional 31,808 shares during the period. Intech Investment Management LLC’s holdings in Apartment Investment and Management were worth $576,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. grew its stake in shares of Apartment Investment and Management by 2.9% in the third quarter. Daiwa Securities Group Inc. now owns 42,923 shares of the real estate investment trust’s stock worth $388,000 after acquiring an additional 1,220 shares during the last quarter. Metis Global Partners LLC increased its holdings in shares of Apartment Investment and Management by 11.4% in the 4th quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 1,526 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Apartment Investment and Management by 7.8% in the 4th quarter. Van ECK Associates Corp now owns 26,347 shares of the real estate investment trust’s stock worth $239,000 after purchasing an additional 1,901 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Apartment Investment and Management by 1.1% in the fourth quarter. Rhumbline Advisers now owns 240,900 shares of the real estate investment trust’s stock worth $2,190,000 after purchasing an additional 2,659 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of Apartment Investment and Management by 2.2% during the third quarter. Nomura Asset Management Co. Ltd. now owns 167,300 shares of the real estate investment trust’s stock valued at $1,512,000 after purchasing an additional 3,600 shares in the last quarter. Institutional investors own 83.26% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised 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 0.8 %

Shares of Apartment Investment and Management stock opened at $8.68 on Tuesday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. Apartment Investment and Management has a twelve month low of $7.68 and a twelve month high of $9.49. The company has a market cap of $1.23 billion, a price-to-earnings ratio of -5.01 and a beta of 1.40. The company’s 50 day moving average is $8.91 and its 200 day moving average is $8.80.

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 (EPS) 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 return on equity of 68.04% and a negative net margin of 119.76%. Research analysts anticipate that Apartment Investment and Management will post -0.8 EPS for the current year.

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.