Apartment investment and management is one of the new topics that the research experts at StockNews.com have begun covering; their first article on the subject was published on Thursday (NYSE: AIV).
The shares of the real estate investment trust have been rated “sell” by the brokerage firm,” which indicates that they should be sold.
The NYSE AIV started trading at $7.13 when the market opened on Thursday morning.
The price of a share of Apartment Investment and Management’s stock has ranged from $5.22 to $9.79 over the past year, with a low of $5.22 and a high of $9.79.
The debt-to-equity ratio comes at 1.68, while the current and quick ratios are at 2.52, respectively.
The company’s market capitalization is currently estimated to be 1.07 billion dollars, while its price-to-earnings ratio stands at 15.17 and its beta stands at 1.17.
At the moment, the share price of the company is trading at $7.54, which is lower than its 200-day moving average price of $7.74.
Consequently, the proportions of the stock that institutional investors and hedge funds own have been rebalanced.
Apartment Investment and Management received 46.0% more of the company’s holdings from Sumitomo Mitsui DS Asset Management Company Ltd’s allocation of those holdings over the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now has 23,200 shares of the floating-rate real estate investment trust purchased for $169,000 after purchasing an additional 7,307 shares during the most recent quarter.
During the third quarter, Jennison Associates LLC added an investment of $676,000.
This investment was made in the apartment investment and management sector. Cubist Systematic Strategies LLC spent approximately $1,419,000 during the third quarter to acquire a new interest in the apartment investing and management industry.
During the third quarter, Cipher Capital LP made a new investment in apartment investment and management with a total value of approximately 577 thousand dollars.
Last but certainly not least, during the third quarter of 2018, Endeavour Capital Advisors INC invested approximately $2,913,000 in a new holding with Apartment Investment and Management.
The company’s stock is collectively held by various institutional investors, including hedge funds, to the tune of 95.27 percent.
Apartment Investment & Management Co is a real estate investment trust that is in charge of the acquisition, ownership, management, and development of apartment complexes.
Apartment Investment & Management Co The current location of the company’s headquarters is in Denver, which is found in the state of Colorado.
The company was established in 1975.