Apartment Investment & Management (AIV): Today's Featured Financial Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Apartment Investment & Management ( AIV) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.4%. By the end of trading, Apartment Investment & Management fell 25 cents (-1%) to $24.50 on light volume. Throughout the day, 1.1 million shares of Apartment Investment & Management exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in price between $24.44-$24.80 after having opened the day at $24.75 as compared to the previous trading day's close of $24.75. Other companies within the Financial sector that declined today were: Credit Suisse ( LCPR), down 11.6%, Southern Connecticut Bancorp ( SSE), down 11.1%, Bank VA Chesterfield ( BOVA), down 9.3%, and SGOCO Group ( SGOC), down 8.6%.
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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 $3.58 billion and is part of the real estate industry. The company has a P/E ratio of -26.2, below the S&P 500 P/E ratio of 17.7. Shares are up 7.5% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Apartment Investment & Management a buy, two analysts rate it a sell, and six rate it a hold.

TheStreet Ratings rates Apartment Investment & Management as a hold. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall.

On the positive front, NTS Realty Holdings ( NLP), up 38.4%, MBIA ( MBI), up 12.1%, Central Federal ( CFBK), up 12.1%, and Harleysville Savings Financial Corporation ( HARL), up 9.4%, were all gainers within the financial sector with Genworth Financial ( GNW) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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