635,367 Shares in Apartment Investment and Management (NYSE:AIV) Acquired by Crestline Management LP

Crestline Management LP bought a new position in Apartment Investment and Management (NYSE:AIV - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 635,367 shares of the real estate investment trust's stock, valued at approximately $5,775,000. Crestline Management LP owned 0.45% of Apartment Investment and Management as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in AIV. JPMorgan Chase & Co. increased its position in shares of Apartment Investment and Management by 9.7% in the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock valued at $6,505,000 after acquiring an additional 63,888 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Apartment Investment and Management by 101.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 81,869 shares of the real estate investment trust's stock valued at $744,000 after purchasing an additional 41,293 shares in the last quarter. Norges Bank bought a new stake in Apartment Investment and Management during the 4th quarter valued at approximately $5,691,000. Barclays PLC boosted its position in Apartment Investment and Management by 40.7% during 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 in the last quarter. Finally, Asset Management One Co. Ltd. boosted its position 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 acquiring an additional 4,173 shares in the last quarter. Hedge funds and other institutional investors own 83.26% of the company's stock.

Analyst Upgrades and Downgrades

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

Apartment Investment and Management Stock Up 1.5%

NYSE:AIV traded up $0.12 during mid-day trading on Monday, hitting $7.99. 132,648 shares of the company's stock were exchanged, compared to its average volume of 955,410. Apartment Investment and Management has a one year low of $6.89 and a one year high of $9.49. 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 business has a fifty day moving average price of $8.20 and a 200 day moving average price of $8.57. The company has a market cap of $1.13 billion, a PE ratio of -4.62 and a beta of 1.38.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported ($0.10) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.02. 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 $52.35 million for the quarter, compared to analyst estimates of $53.64 million. Equities analysts predict that Apartment Investment and Management will post -0.8 EPS for the current year.

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.