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Apartment Investment & Management Co. (NYSE:AIV) declared a quarterly dividend on Wednesday, January 29th, AnalystRatingsNetwork reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.26 per share on Friday, February 28th. This represents a $1.04 dividend on an annualized basis and a yield of 3.84%.

A number of analysts have recently weighed in on AIV shares. Analysts at JPMorgan Chase & Co. upgraded shares of Apartment Investment & Management Co. from an “underweight” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. They now have a $29.00 price target on the stock. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Apartment Investment & Management Co. in a research note to investors on Wednesday, December 4th. They now have a $26.00 price target on the stock. Finally, analysts at RBC Capital downgraded shares of Apartment Investment & Management Co. from an “outperform” rating to a “sector perform” rating in a research note to investors on Thursday, November 7th. They now have a $31.00 price target on the stock, down previously from $34.00. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. Apartment Investment & Management Co. presently has a consensus rating of “Hold” and a consensus price target of $31.56.

Shares of Apartment Investment & Management Co. (NYSE:AIV) traded up 0.41% during mid-day trading on Wednesday, hitting $27.19. 1,284,039 shares of the company’s stock traded hands. Apartment Investment & Management Co. has a 1-year low of $24.78 and a 1-year high of $33.44. The stock’s 50-day moving average is $26.2 and its 200-day moving average is $27.68. The company has a market cap of $3.967 billion and a price-to-earnings ratio of 26.29.

Apartment Investment and Management Company (NYSE:AIV) is a self-administered and self-managed real estate investment trust (REIT).

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