Susquehanna Fundamental Investments LLC Makes New Investment in Apartment Investment and Management (NYSE:AIV)

Susquehanna Fundamental Investments LLC acquired a new stake in Apartment Investment and Management (NYSE:AIV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 48,371 shares of the real estate investment trust's stock, valued at approximately $440,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in shares of Apartment Investment and Management by 9.7% in the third quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock worth $6,505,000 after acquiring an additional 63,888 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of Apartment Investment and Management by 101.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 81,869 shares of the real estate investment trust's stock valued at $744,000 after buying an additional 41,293 shares during the period. Norges Bank purchased a new stake in shares of Apartment Investment and Management in the 4th quarter valued at approximately $5,691,000. Barclays PLC lifted its position in Apartment Investment and Management by 40.7% in the 3rd quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock worth $5,948,000 after buying an additional 190,440 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in shares of Apartment Investment and Management by 2.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 190,795 shares of the real estate investment trust's stock valued at $1,587,000 after purchasing an additional 4,173 shares during the last quarter. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Apartment Investment and Management Price Performance

Shares of NYSE:AIV traded down $0.11 during trading on Friday, reaching $7.88. The stock had a trading volume of 379,892 shares, compared to its average volume of 956,970. Apartment Investment and Management has a 52 week low of $6.89 and a 52 week high of $9.49. The stock has a market capitalization of $1.12 billion, a PE ratio of -4.55 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. The business's 50-day moving average price is $8.22 and its 200 day moving average price is $8.58.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last issued its earnings results on Thursday, May 8th. The real estate investment trust reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.02. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. The company had revenue of $52.35 million during the quarter, compared to analysts' expectations of $53.64 million. As a group, equities analysts predict that Apartment Investment and Management will post -0.8 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a research note 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.