Newtyn Management LLC Has $34.33 Million Stock Position in Apartment Investment and Management (NYSE:AIV)

Newtyn Management LLC raised its holdings in shares of Apartment Investment and Management (NYSE:AIV) by 0.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,776,144 shares of the real estate investment trust’s stock after purchasing an additional 6,719 shares during the quarter. Apartment Investment and Management accounts for approximately 6.0% of Newtyn Management LLC’s portfolio, making the stock its 7th largest position. Newtyn Management LLC owned about 2.67% of Apartment Investment and Management worth $34,325,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Headlands Technologies LLC purchased a new position in Apartment Investment and Management in the fourth quarter valued at approximately $55,000. Xponance Inc. purchased a new stake in Apartment Investment and Management in the 4th quarter worth about $93,000. Cerity Partners LLC bought a new stake in Apartment Investment and Management in the 4th quarter valued at about $94,000. Cibc World Markets Corp bought a new position in Apartment Investment and Management during the fourth quarter worth about $118,000. Finally, Metis Global Partners LLC increased its stake in shares of Apartment Investment and Management by 11.4% in the fourth quarter. Metis Global Partners LLC now owns 14,945 shares of the real estate investment trust’s stock worth $136,000 after purchasing an additional 1,526 shares in the last quarter. Institutional investors and hedge funds own 83.26% of the company’s stock.

Apartment Investment and Management Trading Down 0.6%

Shares of AIV stock opened at $8.00 on Wednesday. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. The business’s fifty day moving average is $8.16 and its 200 day moving average is $8.56. The company has a market capitalization of $1.14 billion, a PE ratio of -4.62 and a beta of 1.38. Apartment Investment and Management has a 52-week low of $6.89 and a 52-week high of $9.49.

Apartment Investment and Management (NYSE:AIV) last announced its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The company had revenue of $52.35 million during the quarter, compared to analyst estimates of $53.64 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. On average, equities research analysts anticipate that Apartment Investment and Management will post -0.8 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.