Landmark Investment Partners L.P. Purchases New Position in Apartment Investment and Management (NYSE:AIV)

Landmark Investment Partners L.P. acquired a new stake in Apartment Investment and Management (NYSE:AIV - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,369,299 shares of the real estate investment trust's stock, valued at approximately $12,447,000. Apartment Investment and Management comprises 5.0% of Landmark Investment Partners L.P.'s holdings, making the stock its 9th largest position. Landmark Investment Partners L.P. owned about 0.97% of Apartment Investment and Management as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. 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 period. Tidal Investments LLC lifted its position in Apartment Investment and Management by 180.7% during the third quarter. Tidal Investments LLC now owns 40,601 shares of the real estate investment trust's stock worth $367,000 after buying an additional 26,136 shares during the period. JPMorgan Chase & Co. lifted its position in Apartment Investment and Management by 9.7% during the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock worth $6,505,000 after buying an additional 63,888 shares during the period. Nisa Investment Advisors LLC boosted its stake in 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 worth $744,000 after buying an additional 41,293 shares during the last quarter. Finally, abrdn plc grew its holdings in 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 buying an additional 8,804 shares during the period. Hedge funds and other institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Trading Up 2.0 %

Shares of NYSE AIV traded up $0.16 during trading on Friday, hitting $8.24. 953,077 shares of the company traded hands, compared to its average volume of 960,481. The firm has a market capitalization of $1.17 billion, a P/E ratio of -4.76 and a beta of 1.29. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The company has a 50-day moving average price of $8.29 and a 200-day moving average price of $8.60. Apartment Investment and Management has a 1 year low of $6.89 and a 1 year high of $9.49.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.04. The company had revenue of $54.17 million during the quarter, compared to analyst estimates of $53.11 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. On average, equities analysts predict that Apartment Investment and Management will post -0.8 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a report on Wednesday, February 26th.

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.