Apartment Investment & Management

(

AIV

) pushed the Real Estate industry lower today making it today's featured Real Estate loser. The industry as a whole closed the day up 2.9%. By the end of trading, Apartment Investment & Management fell 16 cents (-0.8%) to $20.40 on average volume. Throughout the day, 2.6 million shares of Apartment Investment & Management exchanged hands as compared to its average daily volume of 2.4 million shares. The stock ranged in price between $20.22-$21.27 after having opened the day at $21.18 as compared to the previous trading day's close of $20.56. Other company's within the Real Estate industry that declined today were:

HMG/Courtland Properties

(

HMG

), down 10.7%,

Amrep Corporation

(

AXR

), down 5.8%,

American Realty Investors Inc

(

ARL

), down 4.4%, and

Eastern Light Capital Inc

(

ELC

), down 4.1%.

Apartment Investment and Management Company (AIMCO) is a real estate investment manager. The firm engages in the acquisition, ownership, management, and redevelopment of apartment properties. It invests in real estate markets of United States. The firm primarily invests in apartment properties. Apartment Investment & Management has a market cap of $2.48 billion and is part of the

financial

sector. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are down 20.4% year to date as of the close of trading on Friday.

TheStreet Ratings rates Apartment Investment & Management as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself.

On the positive front,

IFM Investments

(

CTC

), up 102.6%,

Doral Financial

(

DRL

), up 13.3%,

Elbit Imaging

(

EMITF

), up 12.2%, and

Lexington Realty

(

LXP

), up 8.9%, were all gainers within the real estate industry with

Simon Property Group Inc

(

SPG

) being today's featured real estate industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider

iShares Dow Jones US Real Estate

(

IYR

) while those bearish on the real estate industry could consider

ProShares Short Real Estate Fund

(

REK

).

null