Analyst Rating Update on Apartment Investment and Management Company (AIV)

Apartment Investment and Management Company (NYSE:AIV) : Zacks Investment Research ranks Apartment Investment and Management Company (NYSE:AIV) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.29, which indicates as a Buy.

Apartment Investment and Management Company (NYSE:AIV) : 11 investment research analysts covering Apartment Investment and Management Company (NYSE:AIV) have an average price target of $43.27 for the near short term. The highest target price given by the Brokerage Firm to the stock is $47 and the lowest target is $38 for the short term. Analysts expect the variance to be within $2.87 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, SunTrust Robinson Humphrey downgrades its view on Apartment Investment and Management Company (NYSE:AIV) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on June 2, 2016.

Apartment Investment and Management Company (NYSE:AIV): stock turned positive on Tuesday. Though the stock opened at $41.93, the bulls momentum made the stock top out at $42.6 level for the day. The stock recorded a low of $41.656 and closed the trading day at $42.6, in the green by 2.16%. The total traded volume for the day was 1,599,470. The stock had closed at $41.7 in the previous days trading.

In an insider trading activity,The director officer (Chairman & CEO) of Apartment Investment & Management Co, Considine Terry sold 81,101 shares at $42.55 on May 31, 2016. The Insider selling transaction had a total value worth of $3,450,848. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: conventional real estate and affordable real estate. As of December 31, 2014, the Companys conventional portfolio consisted of 144 apartment communities with 43,393 apartment homes in , which it held an average ownership of approximately 97%. It also operates a portfolio of affordable apartment communities, which consists of apartments with rents that are generally paid, in whole or part, by a government agency. As of December 31, 2014, its affordable portfolio consisted of 59 apartment communities with 8,943 apartment homes in , which it held an average ownership of approximately 93%. Aimco, through its wholly owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns the ownership interests in the Aimco Operating Partnership.

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