News articles about Apartment Investment and Management (NYSE:AIV) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Apartment Investment and Management earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.1607939577403 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Zacks: Brokerages Anticipate Apartment Investment and Management Co (AIV) to Announce $0.61 EPS (americanbankingnews.com)
- Aimco Announces Nomination of Ann Sperling to Board of Directors (finance.yahoo.com)
- Aimco (AIV) Reports Acquisition of Bent Tree Apartment Community in Fairfax, VA for $160M (streetinsider.com)
- Bank of New York Mellon Corp Sells 70,057 Shares of Apartment Investment and Management Co (AIV) (americanbankingnews.com)
- California Public Employees Retirement System Has $16.13 Million Holdings in Apartment Investment and Management Co (AIV) (americanbankingnews.com)
A number of equities analysts have recently weighed in on AIV shares. Raymond James Financial cut shares of Apartment Investment and Management from a “strong-buy” rating to an “outperform” rating and reduced their price target for the stock from $52.00 to $50.00 in a research report on Tuesday, December 12th. TheStreet cut shares of Apartment Investment and Management from a “b-” rating to a “c+” rating in a research report on Friday, November 3rd. Zacks Investment Research cut shares of Apartment Investment and Management from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Robert W. Baird reissued a “hold” rating and set a $42.00 price target on shares of Apartment Investment and Management in a research report on Tuesday, January 9th. Finally, BMO Capital Markets reissued a “sell” rating and set a $44.00 price target on shares of Apartment Investment and Management in a research report on Monday, November 27th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $46.64.
Apartment Investment and Management (NYSE:AIV) last issued its quarterly earnings data on Thursday, February 1st. The real estate investment trust reported $0.63 EPS for the quarter, hitting analysts’ consensus estimates of $0.63. Apartment Investment and Management had a net margin of 31.19% and a return on equity of 21.25%. The business had revenue of $250.23 million for the quarter, compared to analyst estimates of $243.24 million. During the same period last year, the business posted $0.60 earnings per share. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. equities analysts predict that Apartment Investment and Management will post 2.5 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Friday, February 16th will be issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.90%. This is a positive change from Apartment Investment and Management’s previous quarterly dividend of $0.36. The ex-dividend date is Thursday, February 15th. Apartment Investment and Management’s dividend payout ratio (DPR) is presently 3,800.00%.
In related news, insider Lisa R. Cohn sold 9,694 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were sold at an average price of $39.00, for a total transaction of $378,066.00. Following the sale, the insider now directly owns 82,139 shares in the company, valued at $3,203,421. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lisa R. Cohn sold 831 shares of the firm’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $42.38, for a total transaction of $35,217.78. Following the sale, the executive vice president now owns 53,071 shares in the company, valued at $2,249,148.98. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,970 shares of company stock worth $641,143. 1.20% of the stock is currently owned by company insiders.
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Apartment Investment and Management Company Profile
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate.
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