XTX Topco Ltd Buys Shares of 24,167 Apartment Investment and Management (NYSE:AIV)

XTX Topco Ltd purchased a new stake in shares of Apartment Investment and Management (NYSE:AIV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,167 shares of the real estate investment trust’s stock, valued at approximately $220,000.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC acquired a new position in shares of Apartment Investment and Management during the fourth quarter valued at $55,000. Xponance Inc. acquired a new position in shares of Apartment Investment and Management during the fourth quarter valued at $93,000. Cerity Partners LLC acquired a new position in shares of Apartment Investment and Management during the fourth quarter valued at $94,000. Cibc World Markets Corp acquired a new position in Apartment Investment and Management during the fourth quarter worth about $118,000. Finally, Metis Global Partners LLC grew its holdings 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 acquiring an additional 1,526 shares during the period. 83.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Apartment Investment and Management Trading Down 0.4 %

Shares of AIV opened at $7.72 on Monday. The business’s 50-day moving average price is $8.39 and its 200 day moving average price is $8.62. The stock has a market capitalization of $1.10 billion, a P/E ratio of -4.46 and a beta of 1.29. Apartment Investment and Management has a 1-year low of $6.89 and a 1-year high of $9.49. 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 (NYSE:AIV) last issued 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 analysts’ expectations 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%. Analysts expect that Apartment Investment and Management will post -0.8 earnings per share for the current year.

About Apartment Investment and Management

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.