Anson Funds Management LP Decreases Stake in Apartment Investment and Management (NYSE:AIV)

Anson Funds Management LP lowered its position in Apartment Investment and Management (NYSE:AIV) by 23.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 243,491 shares of the real estate investment trust’s stock after selling 73,509 shares during the quarter. Anson Funds Management LP owned about 0.17% of Apartment Investment and Management worth $2,201,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC increased its holdings in Apartment Investment and Management by 796.4% in the 2nd quarter. SG Americas Securities LLC now owns 139,308 shares of the real estate investment trust’s stock worth $1,155,000 after acquiring an additional 123,767 shares during the last quarter. Algert Global LLC increased its holdings in 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. Quest Partners LLC increased its holdings in Apartment Investment and Management by 354.8% in the 2nd quarter. Quest Partners LLC now owns 220,350 shares of the real estate investment trust’s stock worth $1,827,000 after acquiring an additional 171,905 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Apartment Investment and Management in the 3rd quarter worth about $252,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in Apartment Investment and Management in the 2nd quarter worth about $3,921,000. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Stock Up 0.5 %

AIV stock opened at $8.68 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The firm has a market capitalization of $1.23 billion, a PE ratio of -5.02 and a beta of 1.39. Apartment Investment and Management has a twelve month low of $7.05 and a twelve month high of $9.48. The stock has a 50-day simple moving average of $8.70 and a two-hundred day simple moving average of $8.65.

Apartment Investment and Management (NYSE:AIV) last posted its earnings results on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.05). The company had revenue of $53.16 million for the quarter. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. On average, equities analysts predict that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

Apartment Investment and Management Company 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.