Meros Investment Management LP Has $4.22 Million Holdings in Apartment Investment and Management (NYSE:AIV)

Meros Investment Management LP increased its position in shares of Apartment Investment and Management (NYSE:AIV) by 4.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 508,819 shares of the real estate investment trust’s stock after buying an additional 22,789 shares during the period. Apartment Investment and Management accounts for approximately 2.0% of Meros Investment Management LP’s investment portfolio, making the stock its 22nd biggest position. Meros Investment Management LP owned approximately 0.35% of Apartment Investment and Management worth $4,218,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AIV. Campbell & CO Investment Adviser LLC increased its position in Apartment Investment and Management by 31.0% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 72,823 shares of the real estate investment trust’s stock worth $570,000 after buying an additional 17,250 shares during the last quarter. HGI Capital Management LLC bought a new stake in Apartment Investment and Management in the 4th quarter valued at $629,000. Nebula Research & Development LLC raised its stake in Apartment Investment and Management by 209.0% in the 4th quarter. Nebula Research & Development LLC now owns 87,650 shares of the real estate investment trust’s stock valued at $686,000 after acquiring an additional 59,282 shares during the period. Daiwa Securities Group Inc. lifted its holdings in Apartment Investment and Management by 3.6% during the 1st quarter. Daiwa Securities Group Inc. now owns 42,990 shares of the real estate investment trust’s stock valued at $352,000 after purchasing an additional 1,496 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in Apartment Investment and Management by 7.0% during the first quarter. ProShare Advisors LLC now owns 25,924 shares of the real estate investment trust’s stock worth $212,000 after purchasing an additional 1,700 shares during the period. 83.26% of the stock is owned by institutional investors.

Apartment Investment and Management Trading Down 1.2 %

Shares of AIV stock opened at $9.27 on Friday. Apartment Investment and Management has a 12-month low of $5.63 and a 12-month high of $9.48. The company has a market capitalization of $1.34 billion, a PE ratio of -7.85 and a beta of 1.38. The firm has a 50 day moving average price of $8.98 and a two-hundred day moving average price of $8.40. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 3.81.

Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings data on Wednesday, August 7th. The real estate investment trust reported ($0.43) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.33). The firm had revenue of $51.15 million for the quarter, compared to the consensus estimate of $50.84 million. Apartment Investment and Management had a negative return on equity of 51.94% and a negative net margin of 113.14%.

Apartment Investment and Management 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.