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 -2.81% 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 -1.75% relative to the S&P 500. The 4-week change in the price of the stock is -0.4% and the stock has fallen -1.33% in the past 1 week.
Apartment Investment and Management Company (NYSE:AIV): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.96 and $44.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.36, notching a gain of 1.07% for the day. The total traded volume was 909,952 . The stock had closed at $44.88 on the previous day.
The stock has recorded a 20-day Moving Average of 0.31% and the 50-Day Moving Average is 4.6%. Apartment Investment and Management Company is up 6.77% in the last 3-month period. Year-to-Date the stock performance stands at 15.25%.
Apartment Investment and Management Company (AIV) : The consensus price target for Apartment Investment and Management Company (AIV) is $46.73 for the short term with a standard deviation of $3.41. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $52, however, the pessimist price target for the company is $40.
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.