Apartment Investment and Management (NYSE:AIV) Holdings Boosted by Northern Trust Corp

Northern Trust Corp increased its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 23.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,556,186 shares of the real estate investment trust's stock after acquiring an additional 296,488 shares during the period. Northern Trust Corp owned approximately 1.10% of Apartment Investment and Management worth $14,146,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Landmark Investment Partners L.P. acquired a new stake in shares of Apartment Investment and Management in the 4th quarter worth approximately $12,447,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Apartment Investment and Management in the 4th quarter worth approximately $440,000. Argosy Lionbridge Management LLC acquired a new stake in shares of Apartment Investment and Management in the 4th quarter worth approximately $21,226,000. Dark Forest Capital Management LP lifted its stake in Apartment Investment and Management by 66.5% in the 4th quarter. Dark Forest Capital Management LP now owns 18,110 shares of the real estate investment trust's stock valued at $165,000 after buying an additional 7,232 shares in the last quarter. Finally, Hsbc Holdings PLC lifted its stake in Apartment Investment and Management by 15.3% in the 4th quarter. Hsbc Holdings PLC now owns 113,832 shares of the real estate investment trust's stock valued at $974,000 after buying an additional 15,130 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Apartment Investment and Management from a "hold" rating to a "sell" rating in a report on Monday, May 12th.

Apartment Investment and Management Stock Up 0.6%

Shares of Apartment Investment and Management stock traded up $0.05 during trading hours on Monday, hitting $8.30. 480,442 shares of the company's stock traded hands, compared to its average volume of 956,947. The stock has a 50 day simple moving average of $8.12 and a 200-day simple moving average of $8.55. 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 has a market cap of $1.18 billion, a PE ratio of -4.80 and a beta of 1.38. Apartment Investment and Management has a twelve month low of $6.89 and a twelve month high of $9.49.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.02. The business had revenue of $52.35 million during the quarter, compared to the consensus estimate of $53.64 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. Equities research analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal 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.