In last trading session, Apartment Investment & Management Co. (NYSE:AIV) saw 2.66 million shares changing hands with its beta currently measuring 1.32. Company’s recent per share price level of $7.99 trading at $0.18 or 2.30% at ring of the bell on the day assigns it a market valuation of $1.16B. That closing price of AIV’s stock is at a discount of -11.76% from its 52-week high price of $8.93 and is indicating a premium of 29.54% from its 52-week low price of $5.63. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.98 million shares which gives us an average trading volume of 967.87K if we extend that period to 3-months.
Apartment Investment & Management Co. (NYSE:AIV) trade information
Upright in the green during last session for gaining 2.30%, in the last five days AIV remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $7.99 price level, adding 1.96% to its value on the day. Apartment Investment & Management Co.’s shares saw a change of 2.04% in year-to-date performance and have moved 7.39% in past 5-day. Apartment Investment & Management Co. (NYSE:AIV) showed a performance of 4.44% in past 30-days. Number of shares sold short was 2.85 million shares which calculate 2.68 days to cover the short interests.
Apartment Investment & Management Co. (AIV) estimates and forecasts
This year revenue growth is estimated to rise 11.90% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $49.6 million for the same. And 1 analysts are in estimates of company making revenue of $51.1 million in the next quarter that will end on Jun 2024.
AIV Dividends
Apartment Investment & Management Co. is more likely to be releasing its next quarterly report between May 02 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Apartment Investment & Management Co. (NYSE:AIV)’s Major holders
Insiders are in possession of 8.85% of company’s total shares while institution are holding 85.60 percent of that, with stock having share float percentage of 93.91%. Investors also watch the number of corporate investors in a company very closely, which is 85.60% institutions for Apartment Investment & Management Co. that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at AIV for having 19.69 million shares of worth $157.32 million. And as of Dec 30, 2023, it was holding 13.60% of the company’s outstanding shares.
The second largest institutional holder is Price (T.Rowe) Associates Inc, which was holding about 17.75 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 12.26% of outstanding shares, having a total worth of $141.84 million.
On the other hand, Price (T.Rowe) Mid-Cap Value Fund and Vanguard Specialized-Real Estate Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 30, 2023, the former fund manager was holding 9.59 million shares of worth $76.63 million or 6.62% of the total outstanding shares. The later fund manager was in possession of 5.52 million shares on Oct 30, 2023, making its stake of worth around $44.09 million in the company or a holder of 3.81% of company’s stock.
