Dividend Alert: Nov 30, 2016 will mean $0.33 dividends for Apartment Investment and Management Company (NYSE:AIV) shareholders.

Dividend Alert: Nov 30, 2016 will mean $0.33 dividends for Apartment Investment and Management Company (NYSE:AIV) shareholders.

Apartment Investment and Management Company (NYSE:AIV) is expected to pay $0.33 on Nov 30, 2016. The indicated annual dividend is $1.32. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Apartment Investment and Management Company’s current price of $42.80, the dividend is 0.77%. This dividend’s record date is Nov 18, 2016 and the announcement date is Oct 26, 2016. The stock increased 1.98% or $0.83 during the last trading session, hitting $42.8. Apartment Investment and Management Co (NYSE:AIV) has risen 5.37% since April 13, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.

Apartment Investment and Management Company is a self-administered and self-managed real estate investment trust. The company has a market cap of $6.67 billion. The Company, through its subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It has a 161.99 P/E ratio. The Company’s divisions include conventional real estate and affordable real estate.

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.11, from 1.15 in 2016Q1. The ratio is positive, as 20 funds sold all Apartment Investment and Management Co shares owned while 90 reduced positions. 21 funds bought stakes while 118 increased positions. They now own 156.08 million shares or 0.17% less from 156.35 million shares in 2016Q1.
Alyeska Invest L P has 61,185 shares for 0.03% of their US portfolio. Da Davidson And last reported 0.01% of its portfolio in the stock. Teacher Retirement Systems Of Texas last reported 137,850 shares in the company. Parkside Commercial Bank & Tru has 0% invested in the company for 98 shares. Paloma Partners Mngmt owns 73,562 shares or 0.04% of their US portfolio. Hartford Invest Management holds 34,316 shares or 0.03% of its portfolio. Green Street Invsts Ltd Liability Corporation accumulated 79,300 shares or 2.86% of the stock. Nwq Invest Mngmt Lc accumulated 149,805 shares or 0.11% of the stock. Strs Ohio accumulated 0.05% or 234,363 shares. The Illinois-based Deere & Co has invested 0.02% in Apartment Investment and Management Co (NYSE:AIV). Public Sector Pension Investment Board last reported 29,746 shares in the company. Ny Life reported 151 shares or 0.03% of all its holdings. Comerica Savings Bank holds 0.02% of its portfolio in Apartment Investment and Management Co (NYSE:AIV) for 42,765 shares. Delta Lloyd Nv last reported 31,693 shares in the company. Parametric Portfolio owns 461,239 shares or 0.03% of their US portfolio.

Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 8 insider sales for $13.17 million net activity. 4,218 shares were sold by Beldin Paul, worth $192,636 on Monday, August 15. COHN LISA R sold 8,102 shares worth $369,236. Shares for $7.97M were sold by CONSIDINE TERRY. $430,000 worth of Apartment Investment and Management Co (NYSE:AIV) shares were sold by FIELDING PATTI K. CORTEZ MILES sold 7,000 shares worth $316,750. Bezzant John E sold 5,772 shares worth $246,156. 4,429 Apartment Investment and Management Co (NYSE:AIV) shares with value of $190,226 were sold by Miller Robert A..

Apartment Investment and Management Co (NYSE:AIV) Ratings Coverage

Out of 13 analysts covering Apartment Investment & Management Co (NYSE:AIV), 5 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 38% are positive. $50 is the highest target while $38 is the lowest. The $45.33 average target is 5.91% above today’s ($42.8) stock price. Apartment Investment & Management Co has been the topic of 25 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Apartment Investment and Management Co (NYSE:AIV) has “Buy” rating given on Friday, July 1 by UBS. Raymond James upgraded the stock to “Strong Buy” rating in Tuesday, October 20 report. The company was upgraded on Wednesday, September 9 by Janney Capital. Mizuho upgraded the stock to “Buy” rating in Monday, March 21 report. Canaccord Genuity maintained Apartment Investment and Management Co (NYSE:AIV) rating on Tuesday, February 9. Canaccord Genuity has “Buy” rating and $39 price target. The rating was downgraded by Robert W. Baird on Wednesday, April 13 to “Neutral”. The rating was upgraded by Barclays Capital to “Overweight” on Wednesday, September 9. The rating was initiated by SunTrust on Tuesday, July 21 with “Buy”. The firm has “Buy” rating by Citigroup given on Tuesday, December 15. On Tuesday, August 2 the stock rating was maintained by Canaccord Genuity with “Hold”.

Another recent and important Apartment Investment and Management Co (NYSE:AIV) news was published by Benzinga.com which published an article titled: “Diversity Protects Apartment Investment And Management Co From Risk” on August 02, 2016.

AIV Company Profile

Apartment Investment and Management Company (Aimco), incorporated on January 10, 1994, 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. The Firm operates through two divisions: conventional real estate and affordable real estate. The Company’s conventional real estate segment includes over 140 apartment communities with over 40,460 apartment homes. The Company’s affordable real estate operation comprises approximately 60 apartment communities with over 8,680 apartment homes. The Firm owns and operates a portfolio of market-rate apartment communities. Aimco Operating Partnership conducts the Company’s business, which is focused on the ownership, management, redevelopment and limited development of apartment communities located in the coastal and job growth markets of the United States.

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