DigitalBridge Group Inc. Lowers Holdings in Apartment Investment and Management (NYSE:AIV)

DigitalBridge Group Inc. lowered its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 30.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,215,953 shares of the real estate investment trust's stock after selling 539,892 shares during the period. DigitalBridge Group Inc. owned about 0.86% of Apartment Investment and Management worth $11,053,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AIV. JPMorgan Chase & Co. boosted its position in shares of Apartment Investment and Management by 9.7% during the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock worth $6,505,000 after buying an additional 63,888 shares during the period. Nisa Investment Advisors LLC increased its holdings in Apartment Investment and Management by 101.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 81,869 shares of the real estate investment trust's stock worth $744,000 after buying an additional 41,293 shares during the last quarter. Norges Bank acquired a new position in shares of Apartment Investment and Management during the 4th quarter worth approximately $5,691,000. Barclays PLC raised its stake in Apartment Investment and Management by 40.7% in the 3rd quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock valued at $5,948,000 after acquiring an additional 190,440 shares during the period. Finally, Asset Management One Co. Ltd. lifted its holdings in Apartment Investment and Management by 2.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 190,795 shares of the real estate investment trust's stock valued at $1,587,000 after purchasing an additional 4,173 shares during the last quarter. Institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Stock Performance

AIV stock traded up $0.18 during trading hours on Monday, hitting $8.05. 218,775 shares of the stock were exchanged, compared to its average volume of 955,736. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28. Apartment Investment and Management has a 12 month low of $6.89 and a 12 month high of $9.49. The firm has a market capitalization of $1.14 billion, a P/E ratio of -4.65 and a beta of 1.38. The company has a 50-day simple moving average of $8.20 and a two-hundred day simple moving average of $8.57.

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

Analyst Ratings Changes

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

Apartment Investment and Management Company 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.