Inspire Investing LLC Has $402,000 Stake in Apartment Investment and Management (NYSE:AIV)

Inspire Investing LLC trimmed its position in shares of Apartment Investment and Management (NYSE:AIV) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,182 shares of the real estate investment trust’s stock after selling 1,267 shares during the period. Inspire Investing LLC’s holdings in Apartment Investment and Management were worth $402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quarry LP acquired a new position in shares of Apartment Investment and Management during the 2nd quarter worth about $39,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Apartment Investment and Management in the second quarter valued at approximately $45,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Apartment Investment and Management by 34.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,059 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 1,305 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in Apartment Investment and Management during the third quarter worth $105,000. Finally, Algert Global LLC bought a new position in Apartment Investment and Management during the second quarter worth $109,000. 83.26% of the stock is owned by institutional investors and hedge funds.

Apartment Investment and Management Price Performance

Shares of Apartment Investment and Management stock opened at $8.94 on Friday. 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 company has a market cap of $1.26 billion, a PE ratio of -5.16 and a beta of 1.38. The firm has a fifty day moving average price of $8.74 and a two-hundred day moving average price of $8.81. Apartment Investment and Management has a fifty-two week low of $7.06 and a fifty-two week high of $9.48.

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

Apartment Investment and Management Dividend Announcement

The company also recently disclosed a special dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th will be given a dividend of $0.60 per share. The ex-dividend date is Tuesday, January 14th.

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.