Apartment Investment and Management’s (AIV) Sell (D) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (d) rating on shares of Apartment Investment and Management (NYSE:AIV) in a report published on Thursday,Weiss Ratings reports.

Separately, Wolfe Research raised shares of Apartment Investment and Management from a “peer perform” rating to an “outperform” rating and set a $10.00 target price on the stock in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $10.00.

Apartment Investment and Management Stock Performance

NYSE:AIV opened at $5.35 on Thursday. The company has a debt-to-equity ratio of 8.06, a current ratio of 1.25 and a quick ratio of 1.25. Apartment Investment and Management has a 1-year low of $5.26 and a 1-year high of $9.29. The stock has a market cap of $760.76 million, a P/E ratio of -11.14 and a beta of 1.45. The firm has a 50-day moving average of $7.22 and a two-hundred day moving average of $7.88.

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

Apartment Investment and Management Dividend Announcement

The business also recently announced a special dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $2.23 per share. Apartment Investment and Management’s dividend payout ratio (DPR) is currently -210.42%.

Hedge Funds Weigh In On Apartment Investment and Management

A number of hedge funds have recently modified their holdings of AIV. Aberdeen Group plc boosted its position in Apartment Investment and Management by 3.6% during the first quarter. Aberdeen Group plc now owns 38,912 shares of the real estate investment trust’s stock valued at $342,000 after purchasing an additional 1,351 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Apartment Investment and Management by 4.1% during the 1st quarter. Arizona State Retirement System now owns 38,495 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 1,507 shares during the last quarter. Teacher Retirement System of Texas grew its stake in shares of Apartment Investment and Management by 8.3% in the 2nd quarter. Teacher Retirement System of Texas now owns 21,189 shares of the real estate investment trust’s stock valued at $183,000 after buying an additional 1,631 shares in the last quarter. Creative Planning increased its holdings in Apartment Investment and Management by 16.4% in the second quarter. Creative Planning now owns 12,162 shares of the real estate investment trust’s stock worth $105,000 after buying an additional 1,712 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in Apartment Investment and Management by 4.2% during the second quarter. Daiwa Securities Group Inc. now owns 46,591 shares of the real estate investment trust’s stock valued at $403,000 after acquiring an additional 1,864 shares in the last quarter. 83.26% of the stock is owned by institutional investors and hedge funds.

Apartment Investment and Management Company 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.