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

SG Americas Securities LLC lessened its holdings in Apartment Investment and Management (NYSE:AIV) by 62.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,551 shares of the real estate investment trust’s stock after selling 20,805 shares during the period. 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 and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. increased its position in Apartment Investment and Management by 34.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,059 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 1,305 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in Apartment Investment and Management in the 3rd quarter worth approximately $105,000. Metis Global Partners LLC increased its holdings in Apartment Investment and Management by 27.4% in the 3rd quarter. Metis Global Partners LLC now owns 13,419 shares of the real estate investment trust’s stock worth $121,000 after acquiring an additional 2,882 shares in the last quarter. FMR LLC raised its stake in Apartment Investment and Management by 39.8% during the 3rd quarter. FMR LLC now owns 15,438 shares of the real estate investment trust’s stock worth $140,000 after acquiring an additional 4,399 shares during the period. Finally, Aigen Investment Management LP purchased a new position in Apartment Investment and Management during the third quarter valued at approximately $209,000. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Stock Down 0.6 %

NYSE AIV opened at $8.85 on Thursday. Apartment Investment and Management has a 12 month low of $7.06 and a 12 month high of $9.48. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28. The stock has a market cap of $1.25 billion, a PE ratio of -5.12 and a beta of 1.38. The stock’s 50 day moving average is $8.77 and its 200 day moving average is $8.81.

Apartment Investment and Management Dividend Announcement

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

Apartment Investment and Management 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.