Large Outflow of Money Witnessed in Apartment Investment and Management Company

Apartment Investment and Management Company (AIV) : The total money flow in Apartment Investment and Management Company (AIV) was negative ($7.99 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $17.62 million. In comparison, the inflow of money into the stock on upticks was $9.63 million. The uptick to downtick ratio was 0.55. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $6.94 million. The negative money flow of ($6.94 million) confirms the selling in Apartment Investment and Management Company (AIV) on strength. Apartment Investment and Management Company (AIV) gained $0.32 at $45.12, a gain of 0.71% over the previous days close. However, the stock registered -0.86% in the week.

Apartment

Apartment Investment and Management Company (AIV) : 11 Wall Street analysts covering Apartment Investment and Management Company (AIV) believe that the average level the stock could reach for the short term is $45.64. The maximum price target given is $52 and the minimum target for short term is around $40, hence the standard deviation is calculated at $3.98.

Apartment Investment and Management Company (NYSE:AIV): stock turned positive on Friday. Though the stock opened at $44.8, the bulls momentum made the stock top out at $45.23 level for the day. The stock recorded a low of $44.8 and closed the trading day at $45.12, in the green by 0.71%. The total traded volume for the day was 1,687,366. The stock had closed at $44.8 in the previous days trading.

In a related news,The Officer (Executive Vice President) of APARTMENT INVESTMENT & MANAGEMENT CO, Fielding Patti K sold 10,000 shares at $43 on June 29, 2016. The Insider selling transaction had a total value worth of $430,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: conventional real estate and affordable real estate. As of December 31, 2014, the Companys conventional portfolio consisted of 144 apartment communities with 43,393 apartment homes in , which it held an average ownership of approximately 97%. It also operates a portfolio of affordable apartment communities, which consists of apartments with rents that are generally paid, in whole or part, by a government agency. As of December 31, 2014, its affordable portfolio consisted of 59 apartment communities with 8,943 apartment homes in , which it held an average ownership of approximately 93%. Aimco, through its wholly owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns the ownership interests in the Aimco Operating Partnership.

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