Voya Investment Management LLC Trims Stock Position in Apartment Investment and Management (NYSE:AIV)

Voya Investment Management LLC trimmed its holdings in shares of Apartment Investment and Management (NYSE:AIV - Free Report) by 11.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 569,207 shares of the real estate investment trust's stock after selling 74,550 shares during the quarter. Voya Investment Management LLC owned approximately 0.40% of Apartment Investment and Management worth $5,174,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of Apartment Investment and Management by 9.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 719,531 shares of the real estate investment trust's stock valued at $6,505,000 after acquiring an additional 63,888 shares during the period. Nisa Investment Advisors LLC grew its stake in 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 purchasing an additional 41,293 shares during the last quarter. Norges Bank bought a new position in Apartment Investment and Management in the fourth quarter worth about $5,691,000. Barclays PLC lifted its position in shares of Apartment Investment and Management by 40.7% during the third quarter. Barclays PLC now owns 658,083 shares of the real estate investment trust's stock valued at $5,948,000 after buying an additional 190,440 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings 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 buying an additional 4,173 shares in the last quarter. Institutional investors own 83.26% of the company's stock.

Apartment Investment and Management Stock Down 0.6 %

Shares of AIV traded down $0.05 during midday trading on Tuesday, hitting $8.02. 83,012 shares of the company's stock traded hands, compared to its average volume of 956,799. Apartment Investment and Management has a 1 year low of $6.89 and a 1 year high of $9.49. The firm's fifty day moving average is $8.28 and its 200-day moving average is $8.59. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of -4.64 and a beta of 1.38.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.04. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. The business had revenue of $54.17 million during the quarter, compared to the consensus estimate of $53.11 million. As a group, sell-side analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share for the current year.

Wall Street Analyst Weigh In

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.

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.