Apartment Investment and Management (NYSE:AIV – Get Free Report) was upgraded by investment analysts at StockNews.com to a “sell” rating in a research note issued to investors on Thursday.
Separately, Wolfe Research began coverage on shares of Apartment Investment and Management in a research note on Monday, July 31st. They issued a “peer perform” rating on the stock.
Check Out Our Latest Research Report on Apartment Investment and Management
Apartment Investment and Management Price Performance
Apartment Investment and Management (NYSE:AIV – Get Free Report) last released its quarterly earnings results on Monday, August 7th. The real estate investment trust reported ($0.02) EPS for the quarter. Apartment Investment and Management had a negative net margin of 102.47% and a negative return on equity of 6.07%. The company had revenue of $45.67 million for the quarter. During the same quarter in the prior year, the business earned ($0.01) earnings per share.
Hedge Funds Weigh In On Apartment Investment and Management
Hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its position in shares of Apartment Investment and Management by 4.8% during the second quarter. Allspring Global Investments Holdings LLC now owns 24,554 shares of the real estate investment trust’s stock worth $209,000 after purchasing an additional 1,134 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Apartment Investment and Management by 5.3% during the second quarter. AQR Capital Management LLC now owns 26,991 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 1,359 shares in the last quarter. US Bancorp DE boosted its position in shares of Apartment Investment and Management by 6.8% during the second quarter. US Bancorp DE now owns 23,551 shares of the real estate investment trust’s stock worth $201,000 after purchasing an additional 1,498 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Apartment Investment and Management by 2.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 68,245 shares of the real estate investment trust’s stock worth $525,000 after purchasing an additional 1,576 shares in the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of Apartment Investment and Management by 9.5% during the second quarter. ProShare Advisors LLC now owns 19,303 shares of the real estate investment trust’s stock worth $164,000 after purchasing an additional 1,673 shares in the last quarter. 88.04% of the stock is owned by institutional investors.
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.
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