Landmark Investment Partners L.P. Purchases Shares of 1,369,299 Apartment Investment and Management (NYSE:AIV)

Landmark Investment Partners L.P. purchased a new stake in Apartment Investment and Management (NYSE:AIV - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,369,299 shares of the real estate investment trust's stock, valued at approximately $12,447,000. Apartment Investment and Management makes up about 5.0% of Landmark Investment Partners L.P.'s holdings, making the stock its 9th biggest position. Landmark Investment Partners L.P. owned approximately 0.97% of Apartment Investment and Management at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Argosy Lionbridge Management LLC bought a new stake in Apartment Investment and Management in the fourth quarter valued at about $21,226,000. Charles Schwab Investment Management Inc. boosted its stake in Apartment Investment and Management by 0.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,851,566 shares of the real estate investment trust's stock worth $16,831,000 after acquiring an additional 8,713 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Apartment Investment and Management by 34.5% during the fourth quarter. JPMorgan Chase & Co. now owns 967,860 shares of the real estate investment trust's stock valued at $8,798,000 after purchasing an additional 248,329 shares during the period. Uniplan Investment Counsel Inc. increased its stake in Apartment Investment and Management by 203.6% in the fourth quarter. Uniplan Investment Counsel Inc. now owns 942,251 shares of the real estate investment trust's stock valued at $8,565,000 after purchasing an additional 631,893 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC acquired a new stake in Apartment Investment and Management in the fourth quarter worth $8,155,000. Institutional investors and hedge funds own 83.26% of the company's stock.

Apartment Investment and Management Trading Up 1.5 %

NYSE:AIV traded up $0.12 on Wednesday, reaching $7.93. The company's stock had a trading volume of 1,202,164 shares, compared to its average volume of 961,173. Apartment Investment and Management has a 1-year low of $6.89 and a 1-year high of $9.49. The business's 50-day moving average price is $8.32 and its two-hundred day moving average price is $8.60. The firm has a market cap of $1.13 billion, a PE ratio of -4.58 and a beta of 1.29. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.04. The business 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%. Equities research analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Apartment Investment and Management Company 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.