Apartment Investment and Management (NYSE:AIV) Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its holdings in Apartment Investment and Management (NYSE:AIV – Get Rating) by 28.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60,881 shares of the real estate investment trust’s stock after selling 23,935 shares during the period. Hsbc Holdings PLC’s holdings in Apartment Investment and Management were worth $444,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in AIV. Advisor Group Holdings Inc. lifted its holdings in shares of Apartment Investment and Management by 25.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 9,826 shares of the real estate investment trust’s stock worth $147,000 after acquiring an additional 2,009 shares during the last quarter. Raymond James & Associates acquired a new position in shares of Apartment Investment and Management in the 1st quarter worth approximately $115,000. Private Advisor Group LLC lifted its holdings in shares of Apartment Investment and Management by 221.4% in the 1st quarter. Private Advisor Group LLC now owns 69,964 shares of the real estate investment trust’s stock worth $512,000 after acquiring an additional 48,194 shares during the last quarter. MetLife Investment Management LLC lifted its holdings in shares of Apartment Investment and Management by 36.1% in the 1st quarter. MetLife Investment Management LLC now owns 70,993 shares of the real estate investment trust’s stock worth $520,000 after acquiring an additional 18,828 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Apartment Investment and Management by 79.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 1,806,000 shares of the real estate investment trust’s stock worth $13,220,000 after acquiring an additional 799,000 shares during the last quarter. 95.27% of the stock is currently owned by institutional investors and hedge funds.

Apartment Investment and Management Stock Up 0.3 %

Shares of AIV opened at $7.81 on Tuesday. The stock has a market capitalization of $1.17 billion, a PE ratio of 16.62 and a beta of 1.17. Apartment Investment and Management has a 1 year low of $5.22 and a 1 year high of $9.79. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.52 and a current ratio of 2.52. The company’s 50-day simple moving average is $7.50 and its 200-day simple moving average is $7.81.

Apartment Investment and Management Profile

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Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.