Apartment Investment and Management (NYSE:AIV) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue decreased its position in shares of Apartment Investment and Management (NYSE:AIV) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,600 shares of the real estate investment trust’s stock after selling 2,040 shares during the quarter. State of Alaska Department of Revenue’s holdings in Apartment Investment and Management were worth $604,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Inspire Investing LLC acquired a new stake in Apartment Investment and Management in the third quarter worth about $411,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings 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 purchasing an additional 1,305 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Apartment Investment and Management by 357.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 207,939 shares of the real estate investment trust’s stock valued at $1,880,000 after acquiring an additional 162,518 shares during the last quarter. abrdn plc boosted its position in shares of Apartment Investment and Management by 10.5% during the 3rd quarter. abrdn plc now owns 28,757 shares of the real estate investment trust’s stock valued at $260,000 after purchasing an additional 2,744 shares in the last quarter. Finally, Van ECK Associates Corp boosted its position in shares of Apartment Investment and Management by 12.3% during the 3rd quarter. Van ECK Associates Corp now owns 24,446 shares of the real estate investment trust’s stock valued at $211,000 after purchasing an additional 2,683 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Stock Down 0.5 %

NYSE AIV opened at $8.87 on Friday. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. The company’s 50 day simple moving average is $8.78 and its 200 day simple moving average is $8.81. Apartment Investment and Management has a 12 month low of $7.06 and a 12 month high of $9.48. The company has a market capitalization of $1.25 billion, a P/E ratio of -5.12 and a beta of 1.38.

Apartment Investment and Management Dividend Announcement

The firm also recently announced a special dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 14th were issued a $0.60 dividend. The ex-dividend date 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.