Apartment Investment and Management Company $AIV Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL raised its holdings in shares of Apartment Investment and Management Company (NYSE:AIV) by 77.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 460,953 shares of the real estate investment trust’s stock after acquiring an additional 200,879 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Apartment Investment and Management were worth $3,655,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in AIV. Creative Planning grew its stake in shares of Apartment Investment and Management by 16.4% in the second quarter. Creative Planning now owns 12,162 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 1,712 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Apartment Investment and Management by 4.2% during the second quarter. Daiwa Securities Group Inc. now owns 46,591 shares of the real estate investment trust’s stock worth $403,000 after purchasing an additional 1,864 shares in the last quarter. Amundi boosted its stake in shares of Apartment Investment and Management by 3.6% in the third quarter. Amundi now owns 69,627 shares of the real estate investment trust’s stock valued at $537,000 after purchasing an additional 2,396 shares during the period. Worth Venture Partners LLC grew its holdings in Apartment Investment and Management by 10.1% during the 3rd quarter. Worth Venture Partners LLC now owns 30,400 shares of the real estate investment trust’s stock valued at $241,000 after purchasing an additional 2,800 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in Apartment Investment and Management by 10.8% during the 3rd quarter. Van ECK Associates Corp now owns 32,130 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 3,137 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Stock Performance

Shares of NYSE AIV opened at $4.02 on Friday. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 1.87. The firm’s 50-day moving average price is $5.20 and its two-hundred day moving average price is $5.91. Apartment Investment and Management Company has a 52-week low of $4.01 and a 52-week high of $8.89. The stock has a market capitalization of $577.64 million, a P/E ratio of 1.03 and a beta of 1.35.

Apartment Investment and Management (NYSE:AIV) last posted its earnings results on Monday, March 2nd. The real estate investment trust reported $2.08 EPS for the quarter, beating the consensus estimate of ($0.11) by $2.19. The company had revenue of $34.64 million during the quarter, compared to analyst estimates of $56.65 million. Apartment Investment and Management had a return on equity of 9.05% and a net margin of 316.79%. As a group, sell-side analysts forecast that Apartment Investment and Management Company will post -0.8 earnings per share for the current year.

Apartment Investment and Management Announces Dividend

The business also recently announced a special dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a $1.45 dividend. The ex-dividend date was Friday, February 27th.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Apartment Investment and Management in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $10.00.

About Apartment Investment and Management

Apartment Investment and Management Company (NYSE:AIV), commonly known as Aimco, is a real estate investment trust focused on the ownership and operation of multifamily residential communities in the United States. The company acquires, develops and manages apartment properties that offer a range of living environments—from urban high-rise buildings to garden-style communities. Aimco’s core business includes leasing apartments, providing on-site services and amenities, and overseeing property maintenance to drive occupancy and resident satisfaction.

Founded in 1994 as part of GMAC Residential, Aimco became a publicly traded REIT with headquarters in Denver, Colorado.