abrdn plc Boosts Stake in Apartment Investment and Management (NYSE:AIV)

abrdn plc grew its position in shares of Apartment Investment and Management (NYSE:AIV) by 30.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,561 shares of the real estate investment trust’s stock after buying an additional 8,804 shares during the quarter. abrdn plc’s holdings in Apartment Investment and Management were worth $315,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AIV. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of 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 in the last quarter. Landscape Capital Management L.L.C. bought a new position in Apartment Investment and Management in the 3rd quarter worth approximately $105,000. Metis Global Partners LLC grew its stake 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 valued at $121,000 after buying an additional 2,882 shares in the last quarter. FMR LLC grew its stake in Apartment Investment and Management by 39.8% in the 3rd quarter. FMR LLC now owns 15,438 shares of the real estate investment trust’s stock valued at $140,000 after buying an additional 4,399 shares in the last quarter. Finally, Aigen Investment Management LP bought a new stake in Apartment Investment and Management during the 3rd quarter valued at $209,000. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Trading Up 0.3 %

Shares of AIV opened at $8.91 on Wednesday. Apartment Investment and Management has a twelve month low of $7.06 and a twelve month high of $9.48. The stock has a market cap of $1.26 billion, a PE ratio of -5.15 and a beta of 1.38. 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 business’s 50-day moving average price is $8.77 and its 200-day moving average price is $8.81.

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 dividend of $0.60 per share. 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.