MQS Management LLC Raises Stock Holdings in Apartment Investment and Management (NYSE:AIV)

MQS Management LLC raised its stake in shares of Apartment Investment and Management (NYSE:AIV) by 33.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 17,485 shares of the real estate investment trust’s stock after acquiring an additional 4,401 shares during the period. MQS Management LLC’s holdings in Apartment Investment and Management were worth $145,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Lazard Asset Management LLC bought a new position in Apartment Investment and Management during the first quarter valued at approximately $38,000. Russell Investments Group Ltd. lifted its holdings in shares of Apartment Investment and Management by 398.2% during the 4th quarter. Russell Investments Group Ltd. now owns 5,092 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 4,070 shares during the period. Headlands Technologies LLC bought a new position in shares of Apartment Investment and Management during the 2nd quarter valued at $104,000. XTX Topco Ltd purchased a new position in shares of Apartment Investment and Management in the 2nd quarter worth $158,000. Finally, Aigen Investment Management LP bought a new stake in shares of Apartment Investment and Management in the fourth quarter worth $197,000. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Stock Down 0.5 %

AIV stock opened at $9.24 on Friday. The company has a market cap of $1.34 billion, a price-to-earnings ratio of -7.83 and a beta of 1.38. The company has a debt-to-equity ratio of 3.81, a quick ratio of 1.32 and a current ratio of 1.32. The business’s 50-day moving average is $8.95 and its two-hundred day moving average is $8.36. Apartment Investment and Management has a fifty-two week low of $5.63 and a fifty-two week high of $9.48.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.33). Apartment Investment and Management had a negative return on equity of 51.94% and a negative net margin of 113.14%. The business had revenue of $51.15 million during the quarter, compared to analysts’ expectations of $50.84 million.

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.