Thompson Siegel & Walmsley LLC Acquires 199,547 Shares of Apartment Investment and Management Company $AIV

Thompson Siegel & Walmsley LLC increased its holdings in Apartment Investment and Management Company (NYSE:AIV) by 11.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,005,664 shares of the real estate investment trust’s stock after buying an additional 199,547 shares during the period. Thompson Siegel & Walmsley LLC owned about 1.39% of Apartment Investment and Management worth $11,914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Norges Bank bought a new position in Apartment Investment and Management in the fourth quarter worth approximately $980,000. Intech Investment Management LLC raised its stake in Apartment Investment and Management by 6.3% in the fourth quarter. Intech Investment Management LLC now owns 62,401 shares of the real estate investment trust’s stock worth $371,000 after buying an additional 3,708 shares in the last quarter. Geode Capital Management LLC raised its stake in Apartment Investment and Management by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 3,382,389 shares of the real estate investment trust’s stock worth $20,091,000 after buying an additional 52,760 shares in the last quarter. Swiss Life Asset Management Ltd bought a new position in Apartment Investment and Management in the fourth quarter worth approximately $182,000. Finally, Western Standard LLC bought a new position in Apartment Investment and Management in the fourth quarter worth approximately $9,979,000. Institutional investors own 83.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Apartment Investment and Management in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $10.00.

Apartment Investment and Management Stock Performance

Shares of AIV stock opened at $4.21 on Monday. The business’s fifty day simple moving average is $4.17 and its 200-day simple moving average is $5.07. The company has a market cap of $604.93 million, a PE ratio of 1.08 and a beta of 1.18. The company has a current ratio of 3.46, a quick ratio of 3.46 and a debt-to-equity ratio of 1.87. Apartment Investment and Management Company has a 12-month low of $3.93 and a 12-month high of $8.87.

Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings results on Monday, March 2nd. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $2.19. The business had revenue of $34.64 million for the quarter, compared to the consensus estimate of $56.65 million. Apartment Investment and Management had a return on equity of 9.05% and a net margin of 316.79%.

Apartment Investment and Management Dividend Announcement

The firm also recently declared a special dividend, which will be paid on Wednesday, June 3rd. Stockholders of record on Friday, May 15th will be given a dividend of $1.30 per share.

Apartment Investment and Management Profile

Apartment Investment and Management Company (NYSE:AIV), commonly known as Aimco, is a real estate investment trust focused on the ownership and operation of multifamily residential communities in the United States. The company acquires, develops and manages apartment properties that offer a range of living environments—from urban high-rise buildings to garden-style communities. Aimco’s core business includes leasing apartments, providing on-site services and amenities, and overseeing property maintenance to drive occupancy and resident satisfaction.

Founded in 1994 as part of GMAC Residential, Aimco became a publicly traded REIT with headquarters in Denver, Colorado.