Jane Street Group LLC Sells 36,145 Shares of Apartment Investment and Management (NYSE:AIV)

Jane Street Group LLC trimmed its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 23.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,744 shares of the real estate investment trust’s stock after selling 36,145 shares during the quarter. Jane Street Group LLC owned 0.08% of Apartment Investment and Management worth $1,073,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AIV. Quarry LP bought a new position in shares of Apartment Investment and Management during the 2nd quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Apartment Investment and Management during the second quarter valued at $45,000. 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 during the last quarter. Headlands Technologies LLC bought a new stake in shares of Apartment Investment and Management in the second quarter valued at $104,000. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of Apartment Investment and Management during the 3rd quarter valued at $105,000. Institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Price Performance

AIV opened at $8.39 on Tuesday. The firm has a 50-day moving average price of $8.60 and a 200-day moving average price of $8.70. Apartment Investment and Management has a twelve month low of $7.06 and a twelve month high of $9.48. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -4.85 and a beta of 1.39.

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

Apartment Investment and Management Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 14th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Tuesday, January 14th. Apartment Investment and Management’s dividend payout ratio is currently -58.38%.

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.