Marshall Wace LLP Buys Shares of 75,200 Apartment Investment and Management (NYSE:AIV)

Marshall Wace LLP bought a new position in Apartment Investment and Management (NYSE:AIV - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 75,200 shares of the real estate investment trust's stock, valued at approximately $684,000. Marshall Wace LLP owned 0.05% of Apartment Investment and Management at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in AIV. XTX Topco Ltd acquired a new position in Apartment Investment and Management in the 4th quarter worth approximately $220,000. Quinn Opportunity Partners LLC lifted its holdings in shares of Apartment Investment and Management by 11.5% in the fourth quarter. Quinn Opportunity Partners LLC now owns 251,207 shares of the real estate investment trust's stock valued at $2,283,000 after purchasing an additional 25,910 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Apartment Investment and Management by 98.6% in the fourth quarter. Renaissance Technologies LLC now owns 321,440 shares of the real estate investment trust's stock worth $2,922,000 after buying an additional 159,600 shares during the period. Cerity Partners LLC purchased a new position in shares of Apartment Investment and Management during the fourth quarter valued at $94,000. Finally, Wells Fargo & Company MN raised its position in Apartment Investment and Management by 33.1% during the fourth quarter. Wells Fargo & Company MN now owns 73,942 shares of the real estate investment trust's stock valued at $672,000 after buying an additional 18,399 shares during the period. 83.26% of the stock is owned by hedge funds and other institutional investors.

Apartment Investment and Management Stock Down 2.2 %

AIV traded down $0.19 on Monday, reaching $8.07. 701,453 shares of the company traded hands, compared to its average volume of 960,259. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -4.66 and a beta of 1.29. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. The stock's 50 day moving average price is $8.29 and its 200-day moving average price is $8.59. Apartment Investment and Management has a 52-week low of $6.89 and a 52-week high of $9.49.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last posted its quarterly 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. 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 analysts' expectations of $53.11 million. On average, sell-side analysts expect that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Apartment Investment and Management

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.