US Bancorp DE Has $26,000 Position in Apartment Investment and Management Company $AIV

US Bancorp DE lessened its holdings in shares of Apartment Investment and Management Company (NYSE:AIV) by 74.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,011 shares of the real estate investment trust’s stock after selling 8,591 shares during the quarter. US Bancorp DE’s holdings in Apartment Investment and Management were worth $26,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AIV. Millennium Management LLC increased its position in shares of Apartment Investment and Management by 14.0% during the fourth quarter. Millennium Management LLC now owns 7,145,287 shares of the real estate investment trust’s stock worth $64,951,000 after acquiring an additional 877,954 shares in the last quarter. Rush Island Management LP increased its holdings in Apartment Investment and Management by 156.7% during the 4th quarter. Rush Island Management LP now owns 4,543,774 shares of the real estate investment trust’s stock worth $41,303,000 after purchasing an additional 2,773,984 shares in the last quarter. Irenic Capital Management LP raised its stake in shares of Apartment Investment and Management by 0.5% in the fourth quarter. Irenic Capital Management LP now owns 3,812,595 shares of the real estate investment trust’s stock worth $34,656,000 after purchasing an additional 19,577 shares during the last quarter. Land & Buildings Investment Management LLC lifted its holdings in shares of Apartment Investment and Management by 77.2% in the fourth quarter. Land & Buildings Investment Management LLC now owns 3,074,160 shares of the real estate investment trust’s stock valued at $27,944,000 after purchasing an additional 1,338,921 shares in the last quarter. Finally, Argosy Lionbridge Management LLC purchased a new position in shares of Apartment Investment and Management during the fourth quarter valued at approximately $21,226,000. 83.26% of the stock is owned by institutional investors.

Apartment Investment and Management Stock Performance

Shares of Apartment Investment and Management stock opened at $7.6650 on Thursday. The business’s fifty day simple moving average is $8.45 and its 200 day simple moving average is $8.38. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 8.06. Apartment Investment and Management Company has a 12 month low of $6.89 and a 12 month high of $9.48. The firm has a market capitalization of $1.09 billion, a P/E ratio of -15.97 and a beta of 1.39.

Apartment Investment and Management (NYSE:AIV) last announced its quarterly earnings data on Monday, August 11th. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.03). The business had revenue of $52.76 million during the quarter, compared to the consensus estimate of $54.62 million. Apartment Investment and Management had a negative net margin of 30.59% and a negative return on equity of 34.47%. During the same quarter last year, the company earned ($0.43) EPS. Apartment Investment and Management has set its FY 2025 guidance at 5.200-5.400 EPS. As a group, analysts anticipate that Apartment Investment and Management Company will post -0.8 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wall Street Zen lowered Apartment Investment and Management from a “hold” rating to a “sell” rating in a research report on Friday, May 30th. Wolfe Research upgraded shares of Apartment Investment and Management from a “peer perform” rating to an “outperform” rating and set a $10.00 target price for the company in a research note on Monday, August 4th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $10.00.

Apartment Investment and Management Profile

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 in 1975 and is headquartered in Denver, CO.