Apartment Investment and Management (NYSE: AIV) director Terry Considine acquired 138,572 shares of Apartment Investment and Management in a transaction dated Thursday, September 30. The shares were acquired at an average cost of $ 7.00 per share, for a total value of $ 970,004.00. The purchase was disclosed in a legal file with the Securities & Exchange Commission, accessible through this hyperlink.

Terry Considine also recently completed the following transactions:

• On Tuesday, September 28, Terry Considine acquired 150,000 shares of Apartment Investment and Management. The stock was purchased at an average price of $ 6.85 per share, for a total value of $ 1,027,500.00.
• On Monday 23 August, Terry Considine acquired 76,015 shares of Apartment Investment and Management. The shares were purchased at an average price of $ 6.61 per share, for a total value of $ 502,459.15.
• On Thursday August 19, Terry Considine acquired 150,000 shares of Apartment Investment and Management. The stock was acquired at an average cost of $ 6.55 per share, for a total transaction of $ 982,500.00.

AIV shares traded down $ 0.20 on Thursday, reaching $ 6.85. The company’s shares had a trading volume of 1,393,647 shares, compared to an average volume of 3,266,409. Apartment investment and management has a 52-week low of $ 2.65 and a high of 7. $ 74 over 52 weeks. The stock’s 50-day moving average is $ 6.87 and its 200-day moving average is $ 6.78. The company has a leverage ratio of 0.97, a quick ratio of 0.47, and a current ratio of 0.47. The company has a market cap of $ 1.03 billion, a PE ratio of -23.46 and a beta of 1.03.

Large investors have recently increased or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Apartment Investment and Management shares in the 1st quarter valued at $ 35,000. JBF Capital Inc. purchased a new position in investment and management of apartments during the 1st quarter valued at $ 61,000. Global Wealth Management Investment Advisory Inc. increased its stake in Apartment Investment and Management by 410.8% during the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 9,858 real estate investment trust shares valued at $ 61,000 after acquiring an additional 7,928 shares during the last quarter. The Maryland State Retirement & Pension System purchased a new position in the investment and management of apartments during the 1st quarter valued at $ 76,000. Finally, Ameritas Investment Partners Inc. purchased a new position in the investment and management of apartments during the second quarter valued at $ 78,000. 91.57% of the shares are held by institutional investors and hedge funds.

Profile of the apartment investment and management company

Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment buildings. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.

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