Uniplan Investment Counsel Inc. Trims Stock Holdings in Apartment Investment and Management Company $AIV

Key Points

• Uniplan Investment Counsel Inc. reduced its stake in Apartment Investment and Management Company by 6.8%, bringing its ownership to 877,861 shares valued at approximately $7.73 million.
• Apartment Investment and Management reported a quarterly loss of ($0.14) earnings per share, missing analysts' expectations and setting FY 2025 guidance between 5.200-5.400 EPS.
• The stock currently has a consensus rating of "Buy" with brokerages targeting a price of $10.00, highlighting mixed sentiments from different analysts.

Uniplan Investment Counsel Inc. reduced its holdings in shares of Apartment Investment and Management Company (NYSE:AIV - Free Report) by 6.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 877,861 shares of the real estate investment trust's stock after selling 64,390 shares during the period. Uniplan Investment Counsel Inc. owned about 0.62% of Apartment Investment and Management worth $7,725,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Sequoia Financial Advisors LLC bought a new stake in shares of Apartment Investment and Management during the first quarter worth $414,000. LPL Financial LLC bought a new stake in Apartment Investment and Management during the 1st quarter valued at about $2,849,000. Land & Buildings Investment Management LLC boosted its position in Apartment Investment and Management by 77.2% in 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 buying an additional 1,338,921 shares during the period. BNP Paribas Financial Markets bought a new position in Apartment Investment and Management in the 4th quarter worth about $1,811,000. Finally, Cbre Investment Management Listed Real Assets LLC bought a new stake in shares of Apartment Investment and Management during the first quarter valued at approximately $625,000. Institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Price Performance

AIV opened at $7.84 on Friday. The firm has a market capitalization of $1.12 billion, a PE ratio of -16.34 and a beta of 1.46. The company has a debt-to-equity ratio of 8.06, a current ratio of 1.25 and a quick ratio of 1.25. The business's 50-day moving average is $8.28 and its two-hundred day moving average is $8.28. Apartment Investment and Management Company has a 1 year low of $6.89 and a 1 year high of $9.41.

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) EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $54.62 million. During the same period in the previous year, the company posted ($0.43) earnings per share. Apartment Investment and Management has set its FY 2025 guidance at 5.200-5.400 EPS. Research analysts anticipate that Apartment Investment and Management Company will post -0.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AIV. Wall Street Zen lowered 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 target price on the stock in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $10.00.

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.

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