Apartment Investment and Management (NYSE:AIV) Shares Sold by State Board of Administration of Florida Retirement System

State Board of Administration of Florida Retirement System reduced its position in Apartment Investment and Management (NYSE:AIVGet Rating) by 78.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,145 shares of the real estate investment trust’s stock after selling 261,015 shares during the quarter. State Board of Administration of Florida Retirement System’s holdings in Apartment Investment and Management were worth $449,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AIV. SG Americas Securities LLC boosted its holdings in shares of Apartment Investment and Management by 44.4% in the first quarter. SG Americas Securities LLC now owns 33,067 shares of the real estate investment trust’s stock valued at $242,000 after acquiring an additional 10,172 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Apartment Investment and Management by 2.3% during the first quarter. Envestnet Asset Management Inc. now owns 107,091 shares of the real estate investment trust’s stock worth $784,000 after purchasing an additional 2,414 shares during the last quarter. Advisor Group Holdings Inc. raised its stake in shares of Apartment Investment and Management by 25.7% during the first quarter. Advisor Group Holdings Inc. now owns 9,826 shares of the real estate investment trust’s stock worth $147,000 after purchasing an additional 2,009 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Apartment Investment and Management by 9.2% during the first quarter. Teacher Retirement System of Texas now owns 31,562 shares of the real estate investment trust’s stock worth $231,000 after purchasing an additional 2,656 shares during the last quarter. Finally, Swiss National Bank raised its stake in shares of Apartment Investment and Management by 8.6% during the first quarter. Swiss National Bank now owns 359,984 shares of the real estate investment trust’s stock worth $2,635,000 after purchasing an additional 28,400 shares during the last quarter. 97.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. StockNews.com assumed coverage on Apartment Investment and Management in a research note on Wednesday, October 12th. They set a “hold” rating for the company. TheStreet upgraded Apartment Investment and Management from a “d+” rating to a “c+” rating in a research report on Thursday, August 11th.

Apartment Investment and Management Trading Up 2.0 %

NYSE:AIV opened at $7.97 on Friday. The stock has a fifty day moving average price of $7.68 and a two-hundred day moving average price of $7.38. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 4.43 and a beta of 1.12. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.80 and a current ratio of 1.80. Apartment Investment and Management has a 1 year low of $5.22 and a 1 year high of $9.79.

Apartment Investment and Management Profile

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Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. Aimco's mission is to make real estate investments where outcomes are enhanced through human capital and substantial value is created for investors, teammates, and the communities in which we operate.

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Institutional Ownership by Quarter for Apartment Investment and Management (NYSE:AIV)

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