SG Americas Securities LLC Reduces Stock Position in Apartment Investment and Management (NYSE:AIV)

SG Americas Securities LLC trimmed its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 62.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,551 shares of the real estate investment trust’s stock after selling 20,805 shares during the quarter. SG Americas Securities LLC’s holdings in Apartment Investment and Management were worth $114,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in Apartment Investment and Management by 9.7% in the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust’s stock worth $6,505,000 after buying an additional 63,888 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Apartment Investment and Management by 101.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 81,869 shares of the real estate investment trust’s stock valued at $744,000 after acquiring an additional 41,293 shares during the period. Algert Global LLC lifted its holdings in shares of Apartment Investment and Management by 570.7% in the 3rd quarter. Algert Global LLC now owns 87,860 shares of the real estate investment trust’s stock worth $794,000 after acquiring an additional 74,760 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Apartment Investment and Management by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,842,853 shares of the real estate investment trust’s stock worth $16,659,000 after purchasing an additional 44,668 shares during the period. Finally, Barclays PLC grew its holdings in Apartment Investment and Management by 40.7% during the 3rd quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust’s stock valued at $5,948,000 after purchasing an additional 190,440 shares during the last quarter. Institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Trading Down 0.6 %

AIV opened at $8.85 on Thursday. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. The stock’s 50 day moving average price is $8.77 and its 200-day moving average price is $8.81. Apartment Investment and Management has a one year low of $7.06 and a one year high of $9.48. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -5.12 and a beta of 1.38.

Apartment Investment and Management Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 14th were given a $0.60 dividend. The ex-dividend date was Tuesday, January 14th.

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.