Apartment Investment and Management Company (AIV) : During the past 4 weeks, traders have been relatively bearish on Apartment Investment and Management Company (AIV), hence the stock is down -2.02% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.74% relative to the S&P 500. The 4-week change in the price of the stock is -1.01% and the stock has fallen -0.68% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 3.16%. Apartment Investment and Management Company (NYSE:AIV): stock turned positive on Friday. Though the stock opened at $44.87, the bulls momentum made the stock top out at $45.41 level for the day. The stock recorded a low of $44.725 and closed the trading day at $45.05, in the green by 0.40%. The total traded volume for the day was 610,480. The stock had closed at $44.87 in the previous days trading.
The company Insiders own 1.71% of Apartment Investment and Management Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -29.81% . During last six month period, the net percent change held by insiders has seen a change of -28.68%. Also, Canaccord Genuity maintains its rating on Apartment Investment and Management Company (NYSE:AIV). The global brokerage major raises the current price target from $41 per share to $47 per share. Analysts at the Canaccord Genuity have a current rating of Hold on the shares. The rating by the firm was issued on August 2, 2016.
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.