Apartment Investment and Management Company (AIV) has been under a strong bear grip, hence the stock is down -3.34% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.04% in the past 1 week. The stock has risen by 1.37% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.55% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.89% and the fifty day Moving Average is 0.5%. Apartment Investment and Management Company is up 4.42% in the last three month period. Year-to-Date the stock performance stands at 13.5%.
Apartment Investment and Management Company (AIV) : 10 Wall Street analysts covering Apartment Investment and Management Company (AIV) believe that the average level the stock could reach for the short term is $47.5. The maximum price target given is $52 and the minimum target for short term is around $44, hence the standard deviation is calculated at $2.95.
Apartment Investment and Management Company (NYSE:AIV): On Fridays trading session , Opening price of the stock was $44.92 with an intraday high of $45.32. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $43.96. However, the stock managed to close at $44.34, a loss of 1.18% for the day. On the previous day, the stock had closed at $44.87. The total traded volume of the day was 1,027,875 shares.
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.