Apartment Investment and Management (NYSE:AIV) Shares Sold by Man Group plc

Man Group plc lowered its holdings in Apartment Investment and Management (NYSE:AIV - Free Report) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,079,185 shares of the real estate investment trust's stock after selling 121,184 shares during the quarter. Man Group plc owned approximately 0.76% of Apartment Investment and Management worth $9,810,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AIV. Land & Buildings Investment Management LLC increased its holdings in Apartment Investment and Management by 77.2% during the fourth 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 buying an additional 1,338,921 shares during the period. Nisa Investment Advisors LLC boosted its position in 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 acquiring an additional 41,293 shares in the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Apartment Investment and Management in the 4th quarter valued at $1,811,000. Norges Bank bought a new position in shares of Apartment Investment and Management in the 4th quarter worth $5,691,000. Finally, Barclays PLC lifted its stake in shares of 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 worth $5,948,000 after purchasing an additional 190,440 shares during the last quarter. Institutional investors own 83.26% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Apartment Investment and Management from a "sell" rating to a "hold" rating in a research note on Thursday.

Apartment Investment and Management Stock Down 1.1%

Shares of NYSE:AIV traded down $0.09 during trading on Thursday, reaching $7.85. The stock had a trading volume of 830,293 shares, compared to its average volume of 953,962. The firm's 50-day simple moving average is $8.08 and its 200 day simple moving average is $8.55. 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 one year low of $6.89 and a one year high of $9.49. The company has a market capitalization of $1.11 billion, a P/E ratio of -4.53 and a beta of 1.38.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its earnings results on Thursday, May 8th. The real estate investment trust reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.02. The company 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 net margin of 119.76% and a negative return on equity of 68.04%. As a group, research analysts expect that Apartment Investment and Management will post -0.8 EPS 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.