Apartment Investment and Management Company $AIV Shares Purchased by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its position in Apartment Investment and Management Company (NYSE:AIV) by 11.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,005,664 shares of the real estate investment trust’s stock after acquiring an additional 199,547 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Apartment Investment and Management were worth $11,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Newtyn Management LLC increased its position in shares of Apartment Investment and Management by 49.5% in the 3rd quarter. Newtyn Management LLC now owns 7,761,846 shares of the real estate investment trust’s stock valued at $61,551,000 after acquiring an additional 2,571,374 shares during the period. Geode Capital Management LLC increased its position in shares of Apartment Investment and Management by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 3,382,389 shares of the real estate investment trust’s stock valued at $20,091,000 after acquiring an additional 52,760 shares during the period. Argosy Lionbridge Management LLC increased its position in shares of Apartment Investment and Management by 8.2% in the 3rd quarter. Argosy Lionbridge Management LLC now owns 2,913,134 shares of the real estate investment trust’s stock valued at $23,101,000 after acquiring an additional 220,481 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Apartment Investment and Management by 5.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,883,419 shares of the real estate investment trust’s stock valued at $14,934,000 after acquiring an additional 102,509 shares during the period. Finally, Western Standard LLC acquired a new position in shares of Apartment Investment and Management in the 4th quarter valued at $9,979,000. 83.26% of the stock is owned by institutional investors and hedge funds.

Apartment Investment and Management Price Performance

NYSE:AIV opened at $4.21 on Monday. Apartment Investment and Management Company has a one year low of $3.93 and a one year high of $8.87. The company has a debt-to-equity ratio of 1.87, a quick ratio of 3.46 and a current ratio of 3.46. The firm has a market cap of $604.93 million, a price-to-earnings ratio of 1.08 and a beta of 1.18. The firm’s fifty day moving average is $4.17 and its two-hundred day moving average is $5.07.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings results on Monday, March 2nd. The real estate investment trust reported $2.08 EPS for the quarter, beating the consensus estimate of ($0.11) by $2.19. Apartment Investment and Management had a net margin of 316.79% and a return on equity of 9.05%. The company had revenue of $34.64 million for the quarter, compared to analyst estimates of $56.65 million.

Apartment Investment and Management Announces Dividend

The firm also recently declared a special dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Friday, May 15th will be issued a $1.30 dividend.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Apartment Investment and Management in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $10.00.

About Apartment Investment and Management

Apartment Investment and Management Company (NYSE:AIV), commonly known as Aimco, is a real estate investment trust focused on the ownership and operation of multifamily residential communities in the United States. The company acquires, develops and manages apartment properties that offer a range of living environments—from urban high-rise buildings to garden-style communities. Aimco’s core business includes leasing apartments, providing on-site services and amenities, and overseeing property maintenance to drive occupancy and resident satisfaction.

Founded in 1994 as part of GMAC Residential, Aimco became a publicly traded REIT with headquarters in Denver, Colorado.