Apartment Investment and Management (NYSE:AIV) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP raised its stake in shares of Apartment Investment and Management (NYSE:AIV) by 11.3% in the 3rd quarter, Holdings Channel reports. The fund owned 105,996 shares of the real estate investment trust’s stock after acquiring an additional 10,771 shares during the quarter. Quantbot Technologies LP’s holdings in Apartment Investment and Management were worth $958,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in AIV. Daiwa Securities Group Inc. raised its stake in shares of Apartment Investment and Management by 2.9% during the third quarter. Daiwa Securities Group Inc. now owns 42,923 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 1,220 shares during the last quarter. Algert Global LLC increased its stake in Apartment Investment and Management by 570.7% in the 3rd quarter. Algert Global LLC now owns 87,860 shares of the real estate investment trust’s stock valued at $794,000 after buying an additional 74,760 shares during the period. Charles Schwab Investment Management Inc. raised its position in Apartment Investment and Management by 2.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,842,853 shares of the real estate investment trust’s stock worth $16,659,000 after buying an additional 44,668 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in shares of Apartment Investment and Management in the 3rd quarter worth $105,000. Finally, Intech Investment Management LLC purchased a new stake in shares of Apartment Investment and Management in the third quarter valued at about $286,000. 83.26% of the stock is owned by institutional investors and hedge funds.

Apartment Investment and Management Trading Down 0.6 %

NYSE AIV opened at $8.84 on Monday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The stock has a market capitalization of $1.25 billion, a P/E ratio of -5.11 and a beta of 1.39. Apartment Investment and Management has a 52-week low of $6.83 and a 52-week high of $9.48. The firm has a 50-day moving average price of $8.75 and a 200 day moving average price of $8.64.

Apartment Investment and Management (NYSE:AIV) last released its earnings results on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.05). The business had revenue of $53.16 million for the quarter. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. Equities research analysts expect that Apartment Investment and Management will post -0.8 EPS for the current year.

About Apartment Investment and Management

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.