Graham Capital Management L.P. Sells 44,962 Shares of Apartment Investment and Management (NYSE:AIV)

Graham Capital Management L.P. reduced its position in Apartment Investment and Management (NYSE:AIV - Free Report) by 65.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,524 shares of the real estate investment trust's stock after selling 44,962 shares during the quarter. Graham Capital Management L.P.'s holdings in Apartment Investment and Management were worth $214,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC grew its holdings 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 worth $5,948,000 after acquiring an additional 190,440 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of Apartment Investment and Management by 101.8% in 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 during the period. abrdn plc grew its position in shares of Apartment Investment and Management by 30.6% in the 4th quarter. abrdn plc now owns 37,561 shares of the real estate investment trust's stock valued at $315,000 after purchasing an additional 8,804 shares during the period. Entropy Technologies LP acquired a new position in shares of Apartment Investment and Management in the 4th quarter valued at approximately $212,000. Finally, Van ECK Associates Corp grew its position in shares of Apartment Investment and Management by 7.8% in the 4th quarter. Van ECK Associates Corp now owns 26,347 shares of the real estate investment trust's stock valued at $239,000 after purchasing an additional 1,901 shares during the period. 83.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Apartment Investment and Management Stock Performance

Apartment Investment and Management stock traded down $0.03 during trading hours on Friday, hitting $7.81. The company had a trading volume of 809,199 shares, compared to its average volume of 954,868. The firm has a market cap of $1.11 billion, a PE ratio of -4.51 and a beta of 1.38. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35. Apartment Investment and Management has a one year low of $6.89 and a one year high of $9.49. The firm has a 50-day moving average of $8.05 and a 200 day moving average of $8.54.

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) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.02. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. The firm had revenue of $52.35 million for the quarter, compared to analysts' expectations of $53.64 million. On average, sell-side analysts expect that Apartment Investment and Management will post -0.8 earnings per share for the current 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.