AvalonBay Communities, Inc. $AVB Shares Bought by Varma Mutual Pension Insurance Co

Varma Mutual Pension Insurance Co grew its position in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 24.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,161 shares of the real estate investment trust’s stock after acquiring an additional 15,000 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in AvalonBay Communities were worth $13,990,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of AVB. Empowered Funds LLC boosted its holdings in shares of AvalonBay Communities by 5.7% during the first quarter. Empowered Funds LLC now owns 2,723 shares of the real estate investment trust’s stock valued at $584,000 after acquiring an additional 148 shares during the period. Guggenheim Capital LLC boosted its holdings in shares of AvalonBay Communities by 2.8% during the second quarter. Guggenheim Capital LLC now owns 4,759 shares of the real estate investment trust’s stock valued at $968,000 after acquiring an additional 129 shares during the period. Baird Financial Group Inc. acquired a new position in shares of AvalonBay Communities during the second quarter valued at $1,374,000. Cresset Asset Management LLC boosted its holdings in shares of AvalonBay Communities by 14.2% during the second quarter. Cresset Asset Management LLC now owns 2,890 shares of the real estate investment trust’s stock valued at $591,000 after acquiring an additional 360 shares during the period. Finally, Bank of Nova Scotia boosted its holdings in shares of AvalonBay Communities by 9.5% during the second quarter. Bank of Nova Scotia now owns 18,854 shares of the real estate investment trust’s stock valued at $3,837,000 after acquiring an additional 1,629 shares during the period. Institutional investors and hedge funds own 92.61% of the company’s stock.

AvalonBay Communities Price Performance

Shares of AvalonBay Communities stock opened at $182.59 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.80. The company’s 50-day moving average price is $171.51 and its two-hundred day moving average price is $176.65. AvalonBay Communities, Inc. has a 52 week low of $160.10 and a 52 week high of $211.65. The stock has a market cap of $25.40 billion, a PE ratio of 29.31, a price-to-earnings-growth ratio of 3.22 and a beta of 0.79.

AvalonBay Communities (NYSE:AVB) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.33 EPS for the quarter, missing the consensus estimate of $2.80 by ($0.47). AvalonBay Communities had a return on equity of 9.56% and a net margin of 37.21%.The business had revenue of $770.28 million during the quarter, compared to the consensus estimate of $768.80 million. During the same quarter last year, the firm posted $2.83 earnings per share. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q2 2026 guidance at 2.720-2.820 EPS. As a group, sell-side analysts anticipate that AvalonBay Communities, Inc. will post 11.29 EPS for the current fiscal year.

AvalonBay Communities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a $1.78 dividend. This represents a $7.12 annualized dividend and a yield of 3.9%. This is a boost from AvalonBay Communities’s previous quarterly dividend of $1.75. The ex-dividend date was Tuesday, March 31st. AvalonBay Communities’s dividend payout ratio (DPR) is presently 114.29%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AVB. Weiss Ratings restated a “hold (c)” rating on shares of AvalonBay Communities in a research note on Wednesday, April 8th. Cantor Fitzgerald lifted their price objective on shares of AvalonBay Communities from $186.00 to $190.00 and gave the company a “neutral” rating in a research note on Monday. Truist Financial cut their price objective on shares of AvalonBay Communities from $203.00 to $201.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Wall Street Zen cut shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Finally, Wells Fargo & Company cut their price objective on shares of AvalonBay Communities from $193.00 to $191.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Four equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AvalonBay Communities has an average rating of “Hold” and an average price target of $197.47.

AvalonBay Communities Company Profile

AvalonBay Communities, Inc (NYSE: AVB) is a publicly traded real estate investment trust (REIT) that owns, develops, redevelops and manages multifamily residential properties. The company focuses on professionally managed apartment communities, offering a range of rental housing options and related resident services. As a REIT, AvalonBay’s core activities center on the acquisition and development of apartment assets and the ongoing operations and leasing of those communities.

AvalonBay’s operating activities include ground-up development, strategic redevelopment of existing properties, property and asset management, and on-site leasing and resident services.