Wells Fargo Believes Apartment Investment & Management (AIV) Still Has Room to Grow


In a report released today, Jeffrey Donnelly from Wells Fargo maintained a Buy rating on Apartment Investment & Management (AIV). The company’s shares opened today at $49.56, close to its 52-week high of $51.50.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 6.1% and a 70.2% success rate. Donnelly covers the Financial sector, focusing on stocks such as Hersha Hospitality Trust, Host Hotels & Resorts, and Camden Property Trust.

Apartment Investment & Management has an analyst consensus of Hold, with a price target consensus of $49.30.

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Apartment Investment & Management’s market cap is currently $7.1B and has a P/E ratio of 218.92. The company has a Price to Book ratio of 4.51.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Most recently, in January 2019, Paul Beldin, the EVP – CFO of AIV bought 3,644 shares for a total of $32,504.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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

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