Apartment Investment & Management Co (NYSE: AIV) is 13.35% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AIV stock was last observed hovering at around $8.76 in the last trading session, with the day’s gains setting it 933511.24%.
Currently trading at $933520.0, the stock is 3.42% and 7.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 0.11% at the moment leaves the stock 5.22% off its SMA200. AIV registered 3.37% gain for a year compared to 6-month gain of 12.94%. The firm has a 50-day simple moving average (SMA 50) of $8.1792 and a 200-day simple moving average (SMA200) of $8.57695.
The stock witnessed a 9.49% loss in the last 1 month and extending the period to 3 months gives it a -0.90%, and is 5.03% up 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 2.72% over the week and 2.35% over the month.
Apartment Investment & Management Co (AIV) has around 58 employees, a market worth around $1.24B and $210.83M in sales. Profit margin for the company is -51.09%. Distance from 52-week low is 27.29% and -5.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.16%).
301.0 institutions hold shares in Apartment Investment & Management Co (AIV), with institutional investors hold 100.14% of the company’s shares. The shares outstanding are 137.16M, and float is at 128.93M with Short Float at 3.11%. Institutions hold 91.97% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.2 million shares valued at $159.21 million. The investor’s holdings represent 13.7357 of the AIV Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 17.72 million shares valued at $146.91 million to account for 12.6744 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 14.92 million shares representing 10.6685 and valued at over $123.66 million, while STATE STREET CORP holds 4.3481 of the shares totaling 6.08 million with a market value of $50.4 million.
