Mirae Asset Global Investments Co. Ltd. Has $46,000 Stock Position in Apartment Investment and Management (NYSE:AIV)

Mirae Asset Global Investments Co. Ltd. raised its position in Apartment Investment and Management (NYSE:AIV) by 34.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,059 shares of the real estate investment trust’s stock after acquiring an additional 1,305 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Apartment Investment and Management were worth $46,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Bleakley Financial Group LLC raised its holdings in Apartment Investment and Management by 101.0% in the 1st quarter. Bleakley Financial Group LLC now owns 144,803 shares of the real estate investment trust’s stock valued at $1,186,000 after acquiring an additional 72,777 shares in the last quarter. SG Americas Securities LLC raised its holdings in Apartment Investment and Management by 796.4% in the 2nd quarter. SG Americas Securities LLC now owns 139,308 shares of the real estate investment trust’s stock valued at $1,155,000 after acquiring an additional 123,767 shares in the last quarter. Quest Partners LLC raised its holdings in shares of Apartment Investment and Management by 354.8% in the 2nd quarter. Quest Partners LLC now owns 220,350 shares of the real estate investment trust’s stock worth $1,827,000 after buying an additional 171,905 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Apartment Investment and Management in the 2nd quarter worth approximately $3,921,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Apartment Investment and Management by 2.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 151,769 shares of the real estate investment trust’s stock worth $1,258,000 after buying an additional 3,916 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Stock Up 1.8 %

Shares of AIV opened at $8.57 on Wednesday. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of -5.39 and a beta of 1.39. The company has a debt-to-equity ratio of 3.81, a quick ratio of 1.32 and a current ratio of 1.32. The business’s fifty day moving average price is $8.88 and its two-hundred day moving average price is $8.56. Apartment Investment and Management has a 52 week low of $6.11 and a 52 week high of $9.48.

Apartment Investment and Management (NYSE:AIV) last announced its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.33). Apartment Investment and Management had a negative net margin of 113.14% and a negative return on equity of 51.94%. The firm had revenue of $51.15 million during the quarter, compared to the consensus estimate of $50.84 million.

Apartment Investment and Management Company Profile

Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.