Hsbc Holdings PLC Has $974,000 Position in Apartment Investment and Management (NYSE:AIV)

Hsbc Holdings PLC grew its position in Apartment Investment and Management (NYSE:AIV) by 15.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 113,832 shares of the real estate investment trust’s stock after purchasing an additional 15,130 shares during the period. Hsbc Holdings PLC’s holdings in Apartment Investment and Management were worth $974,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in AIV. Uniplan Investment Counsel Inc. boosted its position in Apartment Investment and Management by 203.6% in the fourth quarter. Uniplan Investment Counsel Inc. now owns 942,251 shares of the real estate investment trust’s stock valued at $8,565,000 after buying an additional 631,893 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Apartment Investment and Management by 73.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 33,585 shares of the real estate investment trust’s stock valued at $305,000 after acquiring an additional 14,204 shares during the last quarter. MetLife Investment Management LLC boosted its holdings in shares of Apartment Investment and Management by 10.6% in the 4th quarter. MetLife Investment Management LLC now owns 87,023 shares of the real estate investment trust’s stock worth $791,000 after acquiring an additional 8,369 shares in the last quarter. First Trust Advisors LP grew its position in Apartment Investment and Management by 16.4% during the 4th quarter. First Trust Advisors LP now owns 292,277 shares of the real estate investment trust’s stock worth $2,657,000 after acquiring an additional 41,203 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Apartment Investment and Management by 0.9% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 161,046 shares of the real estate investment trust’s stock valued at $1,462,000 after purchasing an additional 1,496 shares in the last quarter. Institutional investors own 83.26% of the company’s stock.

Apartment Investment and Management Stock Up 2.0 %

Shares of NYSE:AIV opened at $8.24 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 4.28. The firm has a market cap of $1.17 billion, a P/E ratio of -4.76 and a beta of 1.29. Apartment Investment and Management has a 12 month low of $6.89 and a 12 month high of $9.49. The company’s 50-day moving average price is $8.29 and its two-hundred day moving average price is $8.59.

Apartment Investment and Management (NYSE:AIV) last released its quarterly earnings results on Monday, February 24th. The real estate investment trust reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.04. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. The business had revenue of $54.17 million for the quarter, compared to analysts’ expectations of $53.11 million. As a group, research analysts forecast that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Apartment Investment and Management from a “sell” rating to a “hold” rating in a report 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.