Quantbot Technologies LP Sells 17,735 Shares of Apartment Investment and Management (NYSE:AIV)

Quantbot Technologies LP decreased its position in shares of Apartment Investment and Management (NYSE:AIV) by 16.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 88,261 shares of the real estate investment trust’s stock after selling 17,735 shares during the period. Quantbot Technologies LP owned approximately 0.06% of Apartment Investment and Management worth $802,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Apartment Investment and Management by 79.7% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 44,908 shares of the real estate investment trust’s stock worth $408,000 after acquiring an additional 19,922 shares during the period. Xponance Inc. acquired a new position in shares of Apartment Investment and Management during the 4th quarter worth approximately $93,000. Intech Investment Management LLC increased its holdings in shares of Apartment Investment and Management by 100.6% during the fourth quarter. Intech Investment Management LLC now owns 63,414 shares of the real estate investment trust’s stock worth $576,000 after purchasing an additional 31,808 shares during the period. Cibc World Markets Corp acquired a new stake in shares of Apartment Investment and Management in the fourth quarter valued at approximately $118,000. Finally, Thompson Siegel & Walmsley LLC acquired a new stake in Apartment Investment and Management during the fourth quarter worth approximately $8,155,000. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Stock Up 1.1 %

AIV stock opened at $8.64 on Thursday. The company has a market cap of $1.23 billion, a PE ratio of -4.99 and a beta of 1.40. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. Apartment Investment and Management has a 52 week low of $7.68 and a 52 week high of $9.49. The business has a 50-day simple moving average of $8.89 and a 200 day simple moving average of $8.80.

Apartment Investment and Management (NYSE:AIV) last issued its earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.04. The company had revenue of $54.17 million during the quarter, compared to analysts’ expectations of $53.11 million. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. Sell-side analysts anticipate that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Apartment Investment and Management from a “sell” rating to a “hold” rating in a report 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.