Apartment Investment and Management (NYSE:AIV) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,851,566 shares of the real estate investment trust’s stock after acquiring an additional 8,713 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Apartment Investment and Management were worth $16,831,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in AIV. Landscape Capital Management L.L.C. acquired a new position in shares of Apartment Investment and Management during the third quarter worth about $105,000. Metis Global Partners LLC raised its holdings in shares of Apartment Investment and Management by 11.4% during the 4th quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock valued at $136,000 after buying an additional 1,526 shares during the period. FMR LLC lifted its position in Apartment Investment and Management by 39.8% during the 3rd quarter. FMR LLC now owns 15,438 shares of the real estate investment trust’s stock worth $140,000 after acquiring an additional 4,399 shares in the last quarter. Entropy Technologies LP purchased a new position in Apartment Investment and Management in the 4th quarter worth approximately $212,000. Finally, Van ECK Associates Corp grew its position in Apartment Investment and Management by 7.8% in the fourth quarter. Van ECK Associates Corp now owns 26,347 shares of the real estate investment trust’s stock valued at $239,000 after acquiring an additional 1,901 shares in the last quarter. 83.26% of the stock is owned by hedge funds and other institutional investors.

Apartment Investment and Management Stock Performance

Shares of AIV stock opened at $8.71 on Friday. The company’s fifty day moving average price is $8.92 and its two-hundred day moving average price is $8.81. 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 firm has a market capitalization of $1.24 billion, a P/E ratio of -5.03 and a beta of 1.40. Apartment Investment and Management has a 12 month low of $7.68 and a 12 month high of $9.49.

Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $54.17 million during the quarter, compared to the consensus estimate of $53.11 million. On average, research analysts anticipate that Apartment Investment and Management will post -0.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Apartment Investment and Management from a “sell” rating to a “hold” rating in a research 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.