Apartment Investment and Management Company (NYSE:AIV) reached a new 52-week low during trading on Wednesday . The stock traded as low as $41.27 and last traded at $41.98, with a volume of 1002900 shares trading hands. The stock had previously closed at $42.89.

Several equities research analysts recently commented on AIV shares. Robert W. Baird reaffirmed a “hold” rating and issued a $46.00 price objective on shares of Apartment Investment and Management in a research report on Tuesday, September 12th. Zacks Investment Research cut shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. BMO Capital Markets reaffirmed a “sell” rating on shares of Apartment Investment and Management in a research report on Friday, October 27th. Mizuho raised shares of Apartment Investment and Management from an “underperform” rating to a “neutral” rating and set a $47.00 price objective on the stock in a research report on Monday, November 6th. Finally, TheStreet cut shares of Apartment Investment and Management from a “b-” rating to a “c+” rating in a research report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $47.70.

The company has a debt-to-equity ratio of 3.35, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a market cap of $6,590.00, a PE ratio of 133.32, a P/E/G ratio of 2.47 and a beta of 0.46.

Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings results on Thursday, October 26th. The real estate investment trust reported $0.11 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.51). Apartment Investment and Management had a return on equity of 13.81% and a net margin of 21.36%. The business had revenue of $254.64 million for the quarter, compared to the consensus estimate of $249.17 million. During the same period last year, the firm earned $0.54 earnings per share. equities research analysts expect that Apartment Investment and Management Company will post 2.45 EPS for the current fiscal year.

In other Apartment Investment and Management news, insider John E. Bezzant sold 7,564 shares of the business’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $44.77, for a total transaction of $338,640.28. Following the sale, the insider now directly owns 48,422 shares of the company’s stock, valued at approximately $2,167,852.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Terry Considine sold 111,577 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $44.01, for a total transaction of $4,910,503.77. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Several hedge funds have recently modified their holdings of AIV. Schroder Investment Management Group bought a new stake in shares of Apartment Investment and Management in the 2nd quarter valued at about $124,000. Vident Investment Advisory LLC bought a new stake in shares of Apartment Investment and Management in the 3rd quarter valued at about $202,000. Raymond James Trust N.A. bought a new stake in shares of Apartment Investment and Management in the 2nd quarter valued at about $217,000. Shelton Capital Management bought a new stake in shares of Apartment Investment and Management in the 2nd quarter valued at about $246,000. Finally, CAPROCK Group Inc. bought a new stake in shares of Apartment Investment and Management in the 3rd quarter valued at about $251,000. 98.17% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “Apartment Investment and Management (AIV) Sets New 12-Month Low at $41.27” was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://www.watchlistnews.com/apartment-investment-and-management-aiv-sets-new-12-month-low-at-41-27/1801474.html.

Apartment Investment and Management Company Profile

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate.

Receive News & Ratings for Apartment Investment and Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apartment Investment and Management and related companies with MarketBeat.com's FREE daily email newsletter.