Apartment Investment and Management (NYSE:AIV) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in shares of Apartment Investment and Management (NYSE:AIV) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,851,566 shares of the real estate investment trust’s stock after purchasing an additional 8,713 shares during the period. Charles Schwab Investment Management Inc. owned 1.31% of Apartment Investment and Management worth $16,831,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Landscape Capital Management L.L.C. purchased a new position in shares of Apartment Investment and Management during the third quarter valued at approximately $105,000. Metis Global Partners LLC lifted its stake in shares of Apartment Investment and Management by 11.4% during the 4th quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 1,526 shares during the period. FMR LLC boosted its holdings in shares of Apartment Investment and Management by 39.8% during the third quarter. FMR LLC now owns 15,438 shares of the real estate investment trust’s stock worth $140,000 after purchasing an additional 4,399 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Apartment Investment and Management in the fourth quarter valued at $212,000. Finally, Van ECK Associates Corp increased its stake in Apartment Investment and Management by 7.8% in the fourth quarter. Van ECK Associates Corp now owns 26,347 shares of the real estate investment trust’s stock valued at $239,000 after purchasing an additional 1,901 shares during the last quarter. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Apartment Investment and Management from a “sell” rating to a “hold” rating in a research note on Wednesday, February 26th.

Apartment Investment and Management Price Performance

AIV opened at $8.71 on Friday. Apartment Investment and Management has a 1 year low of $7.68 and a 1 year high of $9.49. The company’s 50 day simple moving average is $8.92 and its 200 day simple moving average is $8.81. The stock has a market capitalization of $1.24 billion, a PE ratio of -5.03 and a beta of 1.40. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35.

Apartment Investment and Management (NYSE:AIV) last announced its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.04. The company had revenue of $54.17 million for the quarter, compared to analyst estimates of $53.11 million. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. As a group, sell-side analysts expect that Apartment Investment and Management will post -0.8 EPS for the current year.

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.