Apartment Investment & Management Co (NYSE: AIV) is -11.60% lower on its value in year-to-date trading and has touched a low of $6.89 and a high of $9.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AIV stock was last observed hovering at around $7.61 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $7.50, the stock is -10.86% and -13.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing -1.45% at the moment leaves the stock -10.17% off its SMA200. AIV registered -4.22% loss for a year compared to 6-month gain of -5.46%. The firm has a 50-day simple moving average (SMA 50) of $8.7162 and a 200-day simple moving average (SMA200) of $8.7546.
The stock witnessed a -15.82% loss in the last 1 month and extending the period to 3 months gives it a -6.67%, and is -11.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.70% over the week and 3.43% over the month.
Apartment Investment & Management Co (AIV) has around 58 employees, a market worth around $1.06B and $208.68M in sales. Profit margin for the company is -49.83%. Distance from 52-week low is 8.85% and -19.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.94%).
290.0 institutions hold shares in Apartment Investment & Management Co (AIV), with institutional investors hold 97.35% of the company’s shares. The shares outstanding are 136.35M, and float is at 130.94M with Short Float at 4.95%. Institutions hold 89.10% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.92 million shares valued at $123.66 million. The investor’s holdings represent 10.6685 of the AIV Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 6.08 million shares valued at $50.4 million to account for 4.3481 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 6.0 million shares representing 4.2928 and valued at over $49.76 million, while IRENIC CAPITAL MANAGEMENT LP holds 2.7334 of the shares totaling 3.82 million with a market value of $31.68 million.
