Apartment Investment and Management (NYSE:AIV) Stock Position Reduced by Inspire Investing LLC

Inspire Investing LLC reduced its position in shares of Apartment Investment and Management (NYSE:AIV) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,182 shares of the real estate investment trust’s stock after selling 1,267 shares during the period. Inspire Investing LLC’s holdings in Apartment Investment and Management were worth $402,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quarry LP bought a new stake in Apartment Investment and Management in the 2nd quarter valued at about $39,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Apartment Investment and Management in the 2nd quarter worth approximately $45,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Apartment Investment and Management by 34.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,059 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 1,305 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in Apartment Investment and Management during the 3rd quarter worth $105,000. Finally, Algert Global LLC bought a new position in shares of Apartment Investment and Management in the second quarter worth $109,000. 83.26% of the stock is currently owned by institutional investors.

Apartment Investment and Management Stock Up 0.1 %

Shares of AIV stock opened at $8.94 on Friday. 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 business’s fifty day moving average is $8.74 and its 200-day moving average is $8.81. Apartment Investment and Management has a 1 year low of $7.06 and a 1 year high of $9.48. The stock has a market cap of $1.26 billion, a PE ratio of -5.16 and a beta of 1.38.

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

Apartment Investment and Management Announces Dividend

The business also recently declared a special dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, January 14th will be given a $0.60 dividend. The ex-dividend date is Tuesday, January 14th.

Apartment Investment and Management Company 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.