Apartment Investment and Management (NYSE:AIV) Stake Lifted by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Apartment Investment and Management (NYSE:AIV) by 2.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 829,121 shares of the real estate investment trust’s stock after purchasing an additional 21,088 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.59% of Apartment Investment and Management worth $7,495,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Apartment Investment and Management in the 2nd quarter worth $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Apartment Investment and Management during the second quarter worth about $45,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Apartment Investment and Management by 34.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,059 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,305 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Apartment Investment and Management during the 2nd quarter valued at about $104,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Apartment Investment and Management during the 3rd quarter valued at about $105,000. 83.26% of the stock is currently owned by institutional investors and hedge funds.

Apartment Investment and Management Price Performance

AIV stock opened at $8.68 on Tuesday. Apartment Investment and Management has a 12 month low of $7.06 and a 12 month high of $9.48. The firm has a market cap of $1.23 billion, a PE ratio of -5.02 and a beta of 1.39. The firm has a 50 day simple moving average of $8.69 and a 200 day simple moving average of $8.66. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly 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 company had revenue of $53.16 million during the quarter. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. Equities research analysts forecast that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

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.