BNP Paribas Financial Markets Invests $1.81 Million in Apartment Investment and Management (NYSE:AIV)

BNP Paribas Financial Markets bought a new stake in shares of Apartment Investment and Management (NYSE:AIV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 199,225 shares of the real estate investment trust's stock, valued at approximately $1,811,000. BNP Paribas Financial Markets owned 0.14% of Apartment Investment and Management at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AIV. Headlands Technologies LLC acquired a new position in Apartment Investment and Management during the 4th quarter valued at about $55,000. Xponance Inc. acquired a new position in Apartment Investment and Management during the 4th quarter valued at about $93,000. Cerity Partners LLC acquired a new position in Apartment Investment and Management during the 4th quarter valued at about $94,000. Cibc World Markets Corp acquired a new position in Apartment Investment and Management during the 4th quarter valued at about $118,000. Finally, Metis Global Partners LLC increased its stake in Apartment Investment and Management by 11.4% during the 4th quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust's stock valued at $136,000 after buying an additional 1,526 shares during the period. Institutional investors and hedge funds own 83.26% of the company's stock.

Wall Street Analysts Forecast Growth

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

Apartment Investment and Management Price Performance

Shares of AIV traded down $0.03 during mid-day trading on Friday, hitting $7.81. The company's stock had a trading volume of 809,199 shares, compared to its average volume of 954,868. The firm has a 50-day moving average price of $8.05 and a 200 day moving average price of $8.54. The stock has a market capitalization of $1.11 billion, a price-to-earnings 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 fifty-two week low of $6.89 and a fifty-two week high of $9.49.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. The company had revenue of $52.35 million for the quarter, compared to analysts' expectations 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%. On average, research analysts predict that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

About Apartment Investment and Management

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.