Nomura Asset Management Co. Ltd. Buys 3,600 Shares of Apartment Investment and Management (NYSE:AIV)

Nomura Asset Management Co. Ltd. boosted its position in Apartment Investment and Management (NYSE:AIV) by 2.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 167,300 shares of the real estate investment trust’s stock after acquiring an additional 3,600 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.12% of Apartment Investment and Management worth $1,512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Rush Island Management LP bought a new position in shares of Apartment Investment and Management during the 3rd quarter valued at about $15,999,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Apartment Investment and Management by 2.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 829,121 shares of the real estate investment trust’s stock valued at $7,495,000 after acquiring an additional 21,088 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Apartment Investment and Management by 10.9% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,006 shares of the real estate investment trust’s stock valued at $506,000 after purchasing an additional 5,499 shares in the last quarter. FMR LLC grew its holdings in shares of 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 valued at $140,000 after purchasing an additional 4,399 shares during the last quarter. Finally, Quantbot Technologies LP lifted its stake in Apartment Investment and Management by 11.3% in the third quarter. Quantbot Technologies LP now owns 105,996 shares of the real estate investment trust’s stock worth $958,000 after purchasing an additional 10,771 shares during the last quarter. Hedge funds and other institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Trading Down 2.2 %

NYSE AIV opened at $8.62 on Friday. The firm has a market cap of $1.22 billion, a PE ratio of -4.98 and a beta of 1.39. Apartment Investment and Management has a 1-year low of $7.06 and a 1-year high of $9.48. The stock has a 50-day moving average of $8.68 and a 200-day moving average of $8.67. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28.

Apartment Investment and Management (NYSE:AIV) last issued its earnings results on Thursday, November 7th. The real estate investment trust reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.05). The firm had revenue of $53.16 million during the quarter. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. As a group, sell-side analysts forecast that Apartment Investment and Management will post -0.8 EPS for the current year.

Apartment Investment and Management Company Profile

Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.