Newtyn Management LLC Has $44 Million Stock Holdings in Apartment Investment and Management Company $AIV

Key Points

• Newtyn Management LLC increased its stake in Apartment Investment and Management Company by 32.4%, making it the 4th largest holding in its portfolio with 5 million shares valued at approximately $44 million.
• Vanguard Group and other institutional investors also made notable increases to their shares, with Vanguard holding over $170 million worth of shares in AIV.
• The stock currently has a consensus rating of "Buy" with a target price of $10.00, although the recent earnings report showed a miss on EPS estimates and revenue expectations.

Newtyn Management LLC grew its stake in shares of Apartment Investment and Management Company (NYSE:AIV - Free Report) by 32.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 5,000,000 shares of the real estate investment trust's stock after acquiring an additional 1,223,856 shares during the period. Apartment Investment and Management comprises about 7.0% of Newtyn Management LLC's portfolio, making the stock its 4th largest holding. Newtyn Management LLC owned 3.52% of Apartment Investment and Management worth $44,000,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of AIV. Sequoia Financial Advisors LLC acquired a new stake in Apartment Investment and Management during the 1st quarter valued at $414,000. LPL Financial LLC acquired a new stake in Apartment Investment and Management during the 1st quarter valued at $2,849,000. Land & Buildings Investment Management LLC raised its stake in Apartment Investment and Management by 77.2% during the 4th quarter. Land & Buildings Investment Management LLC now owns 3,074,160 shares of the real estate investment trust's stock valued at $27,944,000 after purchasing an additional 1,338,921 shares during the period. BNP Paribas Financial Markets acquired a new stake in Apartment Investment and Management during the 4th quarter valued at $1,811,000. Finally, Cbre Investment Management Listed Real Assets LLC acquired a new stake in Apartment Investment and Management during the 1st quarter valued at $625,000. Institutional investors and hedge funds own 83.26% of the company's stock.

Apartment Investment and Management Stock Down 1.6%

Apartment Investment and Management stock traded down $0.13 during mid-day trading on Wednesday, hitting $7.56. 1,187,269 shares of the company's stock were exchanged, compared to its average volume of 1,122,075. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 8.06. The stock has a market cap of $1.08 billion, a P/E ratio of -15.76 and a beta of 1.46. Apartment Investment and Management Company has a 1-year low of $6.89 and a 1-year high of $9.41. The stock has a 50 day moving average of $8.24 and a two-hundred day moving average of $8.27.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last released its quarterly earnings results on Monday, August 11th. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.03). Apartment Investment and Management had a negative net margin of 30.59% and a negative return on equity of 34.47%. The firm had revenue of $52.76 million for the quarter, compared to the consensus estimate of $54.62 million. During the same quarter last year, the company earned ($0.43) earnings per share. Apartment Investment and Management has set its FY 2025 guidance at 5.200-5.400 EPS. As a group, analysts anticipate that Apartment Investment and Management Company will post -0.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on AIV shares. Wall Street Zen downgraded shares of Apartment Investment and Management from a "hold" rating to a "sell" rating in a research note on Friday, May 30th. Wolfe Research raised shares of Apartment Investment and Management from a "peer perform" rating to an "outperform" rating and set a $10.00 price target on the stock in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $10.00.

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.