Union Square Park Capital Management LLC Has $3.86 Million Stock Holdings in Apartment Investment and Management Company $AIV

Union Square Park Capital Management LLC boosted its position in shares of Apartment Investment and Management Company (NYSE:AIV) by 150.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 650,000 shares of the real estate investment trust’s stock after buying an additional 390,000 shares during the quarter. Apartment Investment and Management makes up approximately 1.9% of Union Square Park Capital Management LLC’s holdings, making the stock its 12th largest holding. Union Square Park Capital Management LLC’s holdings in Apartment Investment and Management were worth $3,861,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of AIV. Quadrant Capital Group LLC lifted its holdings in Apartment Investment and Management by 72.5% during the 4th quarter. Quadrant Capital Group LLC now owns 4,641 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 1,951 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Apartment Investment and Management by 2,561.7% during the 4th quarter. Parallel Advisors LLC now owns 4,658 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 4,483 shares in the last quarter. CWM LLC lifted its holdings in Apartment Investment and Management by 163.7% during the 4th quarter. CWM LLC now owns 5,730 shares of the real estate investment trust’s stock worth $34,000 after buying an additional 3,557 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Apartment Investment and Management during the 2nd quarter worth $59,000. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in Apartment Investment and Management by 25.8% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 10,418 shares of the real estate investment trust’s stock worth $62,000 after buying an additional 2,137 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Apartment Investment and Management in a report on Friday, March 27th. 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, Apartment Investment and Management has an average rating of “Hold” and an average price target of $10.00.

Apartment Investment and Management Price Performance

AIV opened at $2.92 on Wednesday. The company has a fifty day simple moving average of $3.98 and a 200 day simple moving average of $4.87. The stock has a market cap of $419.35 million, a P/E ratio of 0.75 and a beta of 1.18. The company has a quick ratio of 3.46, a current ratio of 3.46 and a debt-to-equity ratio of 1.87. Apartment Investment and Management Company has a 12 month low of $2.85 and a 12 month high of $8.87.

Apartment Investment and Management Announces Dividend

The company also recently announced a special dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Friday, May 15th were issued a dividend of $1.30 per share.

About Apartment Investment and Management

Apartment Investment and Management Company (NYSE:AIV), commonly known as Aimco, is a real estate investment trust focused on the ownership and operation of multifamily residential communities in the United States. The company acquires, develops and manages apartment properties that offer a range of living environments—from urban high-rise buildings to garden-style communities. Aimco’s core business includes leasing apartments, providing on-site services and amenities, and overseeing property maintenance to drive occupancy and resident satisfaction.

Founded in 1994 as part of GMAC Residential, Aimco became a publicly traded REIT with headquarters in Denver, Colorado.