Apartment Investment and Management Co (NYSE:AIV) insider Lisa R. Cohn sold 9,694 shares of the company’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $39.00, for a total transaction of $378,066.00. Following the completion of the transaction, the insider now owns 82,139 shares of the company’s stock, valued at $3,203,421. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Apartment Investment and Management Co (NYSE:AIV) traded up $0.01 during midday trading on Tuesday, reaching $39.28. 838,713 shares of the company’s stock were exchanged, compared to its average volume of 1,130,447. Apartment Investment and Management Co has a 12-month low of $38.19 and a 12-month high of $46.85. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 2.67. The company has a market cap of $6,155.81, a P/E ratio of 20.14, a price-to-earnings-growth ratio of 2.29 and a beta of 0.41.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings data on Thursday, February 1st. The real estate investment trust reported $0.63 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.63. Apartment Investment and Management had a net margin of 31.19% and a return on equity of 21.25%. The firm had revenue of $250.23 million for the quarter, compared to the consensus estimate of $243.24 million. During the same period in the prior year, the firm posted $0.60 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. research analysts predict that Apartment Investment and Management Co will post 2.53 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.87%. This is an increase from Apartment Investment and Management’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Thursday, February 15th. Apartment Investment and Management’s dividend payout ratio is 73.85%.

A number of hedge funds and other institutional investors have recently bought and sold shares of AIV. Vident Investment Advisory LLC bought a new position in Apartment Investment and Management during the 3rd quarter valued at $202,000. Shelton Capital Management bought a new position in Apartment Investment and Management during the 2nd quarter valued at $246,000. CAPROCK Group Inc. bought a new position in Apartment Investment and Management during the 3rd quarter valued at $251,000. Koch Industries Inc. boosted its stake in Apartment Investment and Management by 4,905.3% during the 2nd quarter. Koch Industries Inc. now owns 264,831 shares of the real estate investment trust’s stock valued at $259,000 after acquiring an additional 259,540 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new position in Apartment Investment and Management during the 4th quarter valued at $266,000. Hedge funds and other institutional investors own 99.74% of the company’s stock.

AIV has been the subject of several analyst reports. Barclays decreased 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, January 30th. Zacks Investment Research upgraded shares of Apartment Investment and Management from a “sell” rating to a “hold” rating in a research note on Monday, October 23rd. Mizuho upgraded shares of Apartment Investment and Management from an “underperform” rating to a “neutral” rating and set a $47.00 target price for the company in a research note on Monday, November 6th. Raymond James Financial downgraded shares of Apartment Investment and Management from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $52.00 to $50.00 in a research note on Tuesday, December 12th. Finally, Zelman & Associates upgraded shares of Apartment Investment and Management from a “sell” rating to a “hold” rating in a research note on Friday. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Apartment Investment and Management presently has a consensus rating of “Hold” and a consensus target price of $46.64.

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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.

Insider Buying and Selling by Quarter for Apartment Investment and Management (NYSE:AIV)

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