Tudor Investment Corp ET AL Grows Stock Position in Apartment Investment and Management Company $AIV

Tudor Investment Corp ET AL increased its stake in shares of Apartment Investment and Management Company (NYSE:AIV) by 77.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 460,953 shares of the real estate investment trust’s stock after purchasing an additional 200,879 shares during the quarter. Tudor Investment Corp ET AL owned 0.32% of Apartment Investment and Management worth $3,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AIV. AQR Capital Management LLC lifted its holdings in Apartment Investment and Management by 66.3% in the first quarter. AQR Capital Management LLC now owns 27,747 shares of the real estate investment trust’s stock valued at $244,000 after acquiring an additional 11,066 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Apartment Investment and Management by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,692 shares of the real estate investment trust’s stock worth $728,000 after purchasing an additional 3,635 shares during the period. Police & Firemen s Retirement System of New Jersey increased its holdings in shares of Apartment Investment and Management by 10.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 33,034 shares of the real estate investment trust’s stock valued at $286,000 after purchasing an additional 3,204 shares in the last quarter. Creative Planning lifted its stake in shares of Apartment Investment and Management by 16.4% in the second quarter. Creative Planning now owns 12,162 shares of the real estate investment trust’s stock valued at $105,000 after purchasing an additional 1,712 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Apartment Investment and Management by 9.8% in the second quarter. Legal & General Group Plc now owns 638,373 shares of the real estate investment trust’s stock valued at $5,522,000 after purchasing an additional 57,082 shares during the period. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Apartment Investment and Management Trading Down 1.1%

Shares of AIV opened at $4.02 on Friday. Apartment Investment and Management Company has a fifty-two week low of $4.01 and a fifty-two week high of $8.89. The company has a market capitalization of $577.64 million, a PE ratio of 1.03 and a beta of 1.35. The stock has a fifty day moving average of $5.20 and a two-hundred day moving average of $5.91. The company has a debt-to-equity ratio of 1.87, a quick ratio of 3.46 and a current ratio of 3.46.

Apartment Investment and Management (NYSE:AIV) last announced its quarterly earnings data on Monday, March 2nd. The real estate investment trust reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $2.19. Apartment Investment and Management had a return on equity of 9.05% and a net margin of 316.79%.The business had revenue of $34.64 million during the quarter, compared to the consensus estimate of $56.65 million. As a group, analysts forecast that Apartment Investment and Management Company will post -0.8 EPS for the current year.

Apartment Investment and Management Announces Dividend

The company also recently disclosed a special dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a dividend of $1.45 per share. The ex-dividend date was Friday, February 27th.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Apartment Investment and Management in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $10.00.

Apartment Investment and Management Profile

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.