Hsbc Holdings PLC Raises Holdings in Apartment Investment and Management (NYSE:AIV)

Hsbc Holdings PLC raised its position in Apartment Investment and Management (NYSE:AIV) by 20.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 74,060 shares of the real estate investment trust’s stock after purchasing an additional 12,686 shares during the period. Hsbc Holdings PLC owned 0.05% of Apartment Investment and Management worth $580,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AIV. Charles Schwab Investment Management Inc. boosted its holdings in shares of Apartment Investment and Management by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,773,481 shares of the real estate investment trust’s stock worth $13,886,000 after purchasing an additional 6,433 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in Apartment Investment and Management by 13.0% in 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 buying an additional 126,556 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in shares of Apartment Investment and Management by 2.5% in the 3rd quarter. Mutual of America Capital Management LLC now owns 401,277 shares of the real estate investment trust’s stock worth $2,729,000 after acquiring an additional 9,951 shares during the last quarter. Teacher Retirement System of Texas increased its stake 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 acquiring an additional 78,363 shares during the last quarter. Finally, Newtyn Management LLC purchased a new position in shares of Apartment Investment and Management during the 3rd quarter worth $1,577,000. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Trading Up 1.1 %

Shares of Apartment Investment and Management stock traded up $0.09 during trading hours on Friday, hitting $8.20. The company’s stock had a trading volume of 756,819 shares, compared to its average volume of 1,096,069. 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 twelve month low of $5.63 and a twelve month high of $8.93. The firm has a fifty day moving average of $7.84 and a 200-day moving average of $7.41.

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

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. StockNews.com cut shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research report on Monday, February 26th. TheStreet upgraded shares of Apartment Investment and Management from a “d+” rating to a “c-” rating in a report on Tuesday, January 16th.

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.