Timothy Peterson - Preferred Apartment Independent Director

APTSDelisted Stock  USD 25.00  0.02  0.08%   

Director

Mr. Timothy Alan Peterson is an Independent Director of the Company. Since 2003, Mr. Peterson was a partner, Chief Financial Officer and member of the Investment Committee and, since 2014, Chief Investment Officer and chair of the Investment Committee, of Altman Development Corporationrationration, a real estate development company that builds multifamily homes, where his primary responsibilities have been overseeing capital markets activities, financial reporting, asset management, strategic planning and budgeting. Mr. Peterson was Chief Financial Officer for Keystone Property Trust from 1998 to 2002, becoming Executive Vice President from 2002 to 2003. From 1989 to 1998, Mr. Peterson served in a series of positions for Post Properties, including as Executive Vice President. Mr. Peterson was responsible for daytoday coordination with the accountants, attorneys and investment bankers involved in completing the initial public offering of Post Properties in July 1993. Throughout his career, Mr. Peterson has overseen in excess of 5 billion of real estate financings using public stock sales, secured and unsecured debt, taxexempt and taxable bond issuances, private placements and joint ventures since 2011.
Age 54
Tenure 13 years
Professional MarksMBA
Phone770 818-4100
Webwww.pacapts.com
Peterson received his undergraduate degree in Accounting from the University of Florida in 1985 and his MBA in Finance from the University of Florida in 1987.

Preferred Apartment Management Efficiency

The company has return on total asset (ROA) of 1.55 % which means that it generated a profit of $1.55 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.21 %, meaning that it created $1.21 on every $100 dollars invested by stockholders. Preferred Apartment's management efficiency ratios could be used to measure how well Preferred Apartment manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.39 B in liabilities with Debt to Equity (D/E) ratio of 2.07, implying the company greatly relies on financing operations through barrowing. Preferred Apartment has a current ratio of 4.01, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Preferred Apartment until it has trouble settling it off, either with new capital or with free cash flow. So, Preferred Apartment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Preferred Apartment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Preferred to invest in growth at high rates of return. When we think about Preferred Apartment's use of debt, we should always consider it together with cash and equity.

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is a real estate investment trust engaged primarily in the ownership and operation of Class A multifamily properties, with select investments in grocery anchored shopping centers, Class A office buildings, and student housing properties. As of September 30, 2020, the Company owned or was invested in 125 properties in 15 states, predominantly in the Southeast region of the United States. Preferred Apartment operates under REITDiversified classification in the United States and is traded on New York Stock Exchange. It employs 366 people. Preferred Apartment Communities (APTS) is traded on NYSE MKT Exchange in USA and employs 366 people.

Management Performance

Preferred Apartment Leadership Team

Elected by the shareholders, the Preferred Apartment's board of directors comprises two types of representatives: Preferred Apartment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Preferred. The board's role is to monitor Preferred Apartment's management team and ensure that shareholders' interests are well served. Preferred Apartment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Preferred Apartment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sara Finley, Independent Director
Daphne Jackson, Independent Director
Steve Bartkowski, Independent Director
Parker DuPree, President - Office
Jeffrey Sprain, Executive Vice President General Counsel, Secretary
Michael Aide, President - Retail
Timothy Peterson, Independent Director
Joel Murphy, Chairman of the Board, President, Chief Executive Officer
Gary Coursey, Independent Director
Michael Cronin, Chief Accounting Officer, Principal Financial Officer, Executive VP and Treasurer
Jeffrey Sherman, President - Multifamily
Howard McLure, Lead Independent Director
John Cannon, Independent Director
Daniel DuPree, Vice Chairman and Chief Investment Officer
John Isakson, CFO, Executive Vice President

Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Preferred Apartment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Preferred Apartment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Preferred Apartment's short interest history, or implied volatility extrapolated from Preferred Apartment options trading.

Pair Trading with Preferred Apartment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Preferred Apartment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Preferred Apartment will appreciate offsetting losses from the drop in the long position's value.

Moving against Preferred Stock

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The ability to find closely correlated positions to Preferred Apartment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Preferred Apartment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Preferred Apartment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Preferred Apartment Communities to buy it.
The correlation of Preferred Apartment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Preferred Apartment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Preferred Apartment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Preferred Apartment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Other Consideration for investing in Preferred Stock

If you are still planning to invest in Preferred Apartment check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Preferred Apartment's history and understand the potential risks before investing.
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