Barclays PLC Has $5.25 Million Stake in Apartment Investment and Management (NYSE:AIV)

Barclays PLC trimmed its stake in Apartment Investment and Management (NYSE:AIV - Free Report) by 12.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 577,266 shares of the real estate investment trust's stock after selling 80,817 shares during the quarter. Barclays PLC owned approximately 0.41% of Apartment Investment and Management worth $5,248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in Apartment Investment and Management during the fourth quarter worth approximately $55,000. Xponance Inc. bought a new stake in shares of Apartment Investment and Management in the fourth quarter valued at approximately $93,000. Cerity Partners LLC acquired a new position in Apartment Investment and Management in the 4th quarter valued at $94,000. Cibc World Markets Corp acquired a new stake in shares of Apartment Investment and Management during the 4th quarter worth $118,000. Finally, Metis Global Partners LLC increased its position in shares of Apartment Investment and Management by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust's stock worth $136,000 after purchasing an additional 1,526 shares during the period. Institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Price Performance

Shares of NYSE AIV traded up $0.16 during midday trading on Friday, reaching $8.24. 109,643 shares of the company were exchanged, compared to its average volume of 958,411. The stock's 50-day moving average price is $8.31 and its 200-day moving average price is $8.60. The stock has a market cap of $1.17 billion, a P/E ratio of -4.76 and a beta of 1.29. 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 one year low of $6.89 and a one year high of $9.49.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.04. The firm 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%. On average, sell-side analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a research note 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.