Apartment Investment and Management (NYSE:AIV) Shares Sold by Federated Hermes Inc.

Federated Hermes Inc. reduced its position in Apartment Investment and Management (NYSE:AIV) by 98.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,173 shares of the real estate investment trust’s stock after selling 422,079 shares during the quarter. Federated Hermes Inc.’s holdings in Apartment Investment and Management were worth $56,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AIV. Newtyn Management LLC acquired a new position in Apartment Investment and Management in the 3rd quarter worth $1,577,000. GSA Capital Partners LLP increased its stake in shares of Apartment Investment and Management by 1,620.4% in the third quarter. GSA Capital Partners LLP now owns 174,070 shares of the real estate investment trust’s stock worth $1,184,000 after buying an additional 163,952 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in Apartment Investment and Management by 13.0% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,097,451 shares of the real estate investment trust’s stock valued at $7,463,000 after acquiring an additional 126,556 shares during the last quarter. Graham Capital Management L.P. acquired a new position in Apartment Investment and Management during the 3rd quarter worth $738,000. Finally, Teacher Retirement System of Texas increased its position in shares of Apartment Investment and Management by 46.8% in the 3rd quarter. Teacher Retirement System of Texas now owns 245,786 shares of the real estate investment trust’s stock worth $1,671,000 after purchasing an additional 78,363 shares during the last quarter. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AIV has been the subject of a number of research analyst reports. StockNews.com downgraded Apartment Investment and Management from a “hold” rating to a “sell” rating in a report on Monday, February 26th. TheStreet upgraded Apartment Investment and Management from a “d+” rating to a “c-” rating in a research note on Tuesday, January 16th.

Apartment Investment and Management Stock Performance

Shares of AIV opened at $8.28 on Tuesday. The firm has a fifty day moving average of $7.86 and a 200-day moving average of $7.43. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -7.08 and a beta of 1.30. The company has a debt-to-equity ratio of 2.73, a quick ratio of 2.18 and a current ratio of 2.18. Apartment Investment and Management has a 1 year low of $5.63 and a 1 year high of $8.93.

Apartment Investment and Management (NYSE:AIV) last posted its earnings results on Thursday, February 22nd. The real estate investment trust reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($1.01). The firm had revenue of $49.35 million during the quarter. Apartment Investment and Management had a negative return on equity of 30.04% and a negative net margin of 88.87%.

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.