AvalonBay Communities, Inc. $AVB Shares Purchased by Andra AP fonden

Andra AP fonden increased its position in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 13.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,700 shares of the real estate investment trust’s stock after buying an additional 7,200 shares during the period. Andra AP fonden’s holdings in AvalonBay Communities were worth $12,352,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of AvalonBay Communities by 9.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 215,404 shares of the real estate investment trust’s stock worth $46,230,000 after acquiring an additional 18,282 shares in the last quarter. Brown Advisory Inc. raised its holdings in AvalonBay Communities by 12.0% in the 1st quarter. Brown Advisory Inc. now owns 16,596 shares of the real estate investment trust’s stock worth $3,562,000 after purchasing an additional 1,773 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in AvalonBay Communities by 1.8% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 100,334 shares of the real estate investment trust’s stock worth $21,079,000 after purchasing an additional 1,790 shares during the period. LBP AM SA boosted its position in AvalonBay Communities by 3.4% during the first quarter. LBP AM SA now owns 52,030 shares of the real estate investment trust’s stock worth $11,167,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in AvalonBay Communities by 14.7% in the first quarter. Allworth Financial LP now owns 873 shares of the real estate investment trust’s stock valued at $180,000 after purchasing an additional 112 shares during the period. Hedge funds and other institutional investors own 92.61% of the company’s stock.

AvalonBay Communities Stock Down 1.5%

Shares of NYSE AVB opened at $175.14 on Friday. The stock has a market cap of $24.94 billion, a PE ratio of 21.38, a P/E/G ratio of 2.54 and a beta of 0.84. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.71. AvalonBay Communities, Inc. has a 12-month low of $166.73 and a 12-month high of $239.29. The company has a 50-day moving average of $188.54 and a 200 day moving average of $196.73.

AvalonBay Communities (NYSE:AVB) last issued its earnings results on Wednesday, October 29th. The real estate investment trust reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.81 by ($0.06). AvalonBay Communities had a return on equity of 9.75% and a net margin of 38.78%.The company had revenue of $682.36 million for the quarter, compared to analyst estimates of $766.22 million. During the same quarter in the prior year, the firm earned $2.74 earnings per share. AvalonBay Communities has set its FY 2025 guidance at 11.150-11.35 EPS. Q4 2025 guidance at 2.800-2.90 EPS. As a group, sell-side analysts predict that AvalonBay Communities, Inc. will post 11.48 EPS for the current fiscal year.

AvalonBay Communities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, September 30th. AvalonBay Communities’s payout ratio is currently 85.47%.

Analyst Ratings Changes

A number of research firms have recently commented on AVB. Wells Fargo & Company cut their price objective on AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating for the company in a research report on Wednesday, August 27th. Truist Financial raised shares of AvalonBay Communities from a “hold” rating to a “buy” rating and dropped their price target for the company from $224.00 to $218.00 in a research note on Thursday, September 11th. Cantor Fitzgerald started coverage on shares of AvalonBay Communities in a report on Wednesday, October 1st. They issued a “neutral” rating and a $205.00 price target for the company. Evercore ISI reaffirmed an “in-line” rating and set a $214.00 price objective on shares of AvalonBay Communities in a report on Monday. Finally, Scotiabank dropped their target price on shares of AvalonBay Communities from $215.00 to $193.00 and set a “sector perform” rating on the stock in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AvalonBay Communities currently has a consensus rating of “Hold” and a consensus price target of $212.92.

AvalonBay Communities Company Profile

AvalonBay Communities, Inc is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Same Store, Other Stabilized, and Development or Redevelopment. The Same Store segment refers to the operating communities that were owned and had stabilized occupancy.