Y Intercept Hong Kong Ltd Purchases 36,432 Shares of Apartment Investment and Management (NYSE:AIV)

Y Intercept Hong Kong Ltd raised its position in shares of Apartment Investment and Management (NYSE:AIV) by 60.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,460 shares of the real estate investment trust’s stock after acquiring an additional 36,432 shares during the period. Y Intercept Hong Kong Ltd owned approximately 0.07% of Apartment Investment and Management worth $877,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in AIV. Rush Island Management LP bought a new stake in shares of Apartment Investment and Management during the third quarter worth approximately $15,999,000. Barclays PLC boosted its holdings in shares of Apartment Investment and Management by 40.7% during the third quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust’s stock worth $5,948,000 after acquiring an additional 190,440 shares during the period. Meros Investment Management LP boosted its holdings in shares of Apartment Investment and Management by 35.2% during the third quarter. Meros Investment Management LP now owns 687,817 shares of the real estate investment trust’s stock worth $6,218,000 after acquiring an additional 178,998 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Apartment Investment and Management by 357.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 207,939 shares of the real estate investment trust’s stock worth $1,880,000 after acquiring an additional 162,518 shares during the period. Finally, Algert Global LLC boosted its stake in shares of Apartment Investment and Management by 570.7% in the third quarter. Algert Global LLC now owns 87,860 shares of the real estate investment trust’s stock valued at $794,000 after buying an additional 74,760 shares during the period. Institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Trading Up 0.6 %

Shares of AIV stock opened at $8.86 on Friday. 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 P/E ratio of -5.12 and a beta of 1.38. The stock has a 50 day simple moving average of $8.85 and a 200 day simple moving average of $8.82. Apartment Investment and Management has a 1 year low of $7.17 and a 1 year high of $9.48.

Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.04. The business had revenue of $54.17 million during the quarter, compared to analysts’ expectations of $53.11 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. On average, research analysts predict that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

Apartment Investment and Management Announces Dividend

The firm also recently announced a special dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 14th were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, January 14th. Apartment Investment and Management’s payout ratio is presently -136.49%.

Analysts Set New Price Targets

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

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.