Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Position in Apartment Investment and Management (NYSE:AIV)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 79.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,908 shares of the real estate investment trust’s stock after purchasing an additional 19,922 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Apartment Investment and Management were worth $408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Charles Schwab Investment Management Inc. raised its stake in Apartment Investment and Management by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,851,566 shares of the real estate investment trust’s stock worth $16,831,000 after purchasing an additional 8,713 shares during the period. Rush Island Management LP acquired a new stake in shares of Apartment Investment and Management during the 3rd quarter worth $15,999,000. Thompson Siegel & Walmsley LLC acquired a new stake in shares of Apartment Investment and Management during the 4th quarter worth $8,155,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Apartment Investment and Management by 2.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 829,121 shares of the real estate investment trust’s stock worth $7,495,000 after buying an additional 21,088 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Apartment Investment and Management by 9.7% in the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust’s stock valued at $6,505,000 after acquiring an additional 63,888 shares during the last quarter. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Trading Up 0.1 %

NYSE AIV opened at $8.65 on Friday. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. Apartment Investment and Management has a one year low of $7.68 and a one year high of $9.49. The company’s 50 day moving average price is $8.88 and its 200 day moving average price is $8.80. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of -5.00 and a beta of 1.40.

Apartment Investment and Management (NYSE:AIV) last posted its earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.04. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. The business had revenue of $54.17 million for the quarter, compared to analyst estimates of $53.11 million. On average, sell-side analysts predict that Apartment Investment and Management will post -0.8 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Apartment Investment and Management from a “sell” rating to a “hold” rating in a research note on Wednesday, February 26th.

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.