Tudor Investment Corp ET AL raised its stake in Apartment Investment and Management Company (NYSE:AIV) by 50.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,202 shares of the real estate investment trust’s stock after purchasing an additional 9,084 shares during the period. Tudor Investment Corp ET AL’s holdings in Apartment Investment and Management were worth $1,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Schroder Investment Management Group bought a new position in Apartment Investment and Management in the second quarter worth about $124,000. OLD Mutual Customised Solutions Proprietary Ltd. lifted its position in shares of Apartment Investment and Management by 190.0% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 2,900 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 1,900 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new stake in shares of Apartment Investment and Management during the first quarter valued at about $166,000. Raymond James Trust N.A. purchased a new stake in shares of Apartment Investment and Management during the second quarter valued at about $217,000. Finally, Koch Industries Inc. bought a new stake in shares of Apartment Investment and Management in the 1st quarter valued at about $234,000. Institutional investors own 98.30% of the company’s stock.

In related news, EVP Keith M. Kimmel sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the sale, the executive vice president now owns 28,481 shares in the company, valued at $1,310,126. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.20% of the stock is currently owned by company insiders.

A number of research analysts have recently issued reports on AIV shares. BidaskClub raised shares of Apartment Investment and Management from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. Mizuho cut shares of Apartment Investment and Management from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $45.00 to $42.00 in a research report on Monday, July 10th. Canaccord Genuity set a $50.00 target price on shares of Apartment Investment and Management and gave the company a “hold” rating in a research report on Wednesday, August 2nd. Barclays PLC lowered their target price on shares of Apartment Investment and Management from $48.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, July 18th. Finally, UBS AG downgraded shares of Apartment Investment and Management from a “buy” rating to a “neutral” rating and set a $48.00 target price for the company. in a research note on Friday, September 8th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Apartment Investment and Management currently has an average rating of “Hold” and a consensus target price of $46.90.

Apartment Investment and Management Company (AIV) opened at 43.97 on Wednesday. The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 34.62 and a beta of 0.46. The company has a 50 day moving average of $45.21 and a 200 day moving average of $44.30. Apartment Investment and Management Company has a 12 month low of $39.66 and a 12 month high of $46.86.

Apartment Investment and Management (NYSE:AIV) last released its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.01. Apartment Investment and Management had a return on equity of 12.46% and a net margin of 20.64%. The business had revenue of $246.24 million during the quarter, compared to analysts’ expectations of $240.78 million. During the same period in the prior year, the firm posted $0.59 EPS. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities analysts predict that Apartment Investment and Management Company will post $0.47 EPS for the current year.

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Apartment Investment and Management Company Profile

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate.

Institutional Ownership by Quarter for Apartment Investment and Management (NYSE:AIV)

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