35,023 Shares in Apartment Investment and Management (NYSE:AIV) Acquired by American Century Companies Inc.

American Century Companies Inc. acquired a new stake in Apartment Investment and Management (NYSE:AIV - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 35,023 shares of the real estate investment trust's stock, valued at approximately $318,000.

A number of other hedge funds have also bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in Apartment Investment and Management by 0.5% in the 4th 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 acquiring an additional 8,713 shares during the last quarter. Thompson Siegel & Walmsley LLC bought a new position in shares of Apartment Investment and Management during the fourth quarter valued at about $8,155,000. JPMorgan Chase & Co. increased its stake in Apartment Investment and Management by 9.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock worth $6,505,000 after purchasing an additional 63,888 shares during the period. Barclays PLC increased its stake in shares of Apartment Investment and Management by 40.7% in the third quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock worth $5,948,000 after buying an additional 190,440 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Apartment Investment and Management by 1.1% during the fourth quarter. Rhumbline Advisers now owns 240,900 shares of the real estate investment trust's stock valued at $2,190,000 after acquiring an additional 2,659 shares during the last quarter. 83.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a report on Wednesday, February 26th.

Apartment Investment and Management Stock Performance

AIV traded up $0.16 during midday trading on Friday, hitting $7.83. 844,345 shares of the company traded hands, compared to its average volume of 979,184. Apartment Investment and Management has a 52 week low of $6.89 and a 52 week high of $9.49. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The company's 50-day moving average is $8.51 and its 200 day moving average is $8.65. The firm has a market capitalization of $1.11 billion, a PE ratio of -4.53 and a beta of 1.29.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last released 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. The company had revenue of $54.17 million for the quarter, compared to the consensus estimate of $53.11 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. On average, research analysts expect that Apartment Investment and Management will post -0.8 EPS for the current year.

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.