ASR Vermogensbeheer N.V. Decreases Stock Holdings in AvalonBay Communities, Inc. $AVB

ASR Vermogensbeheer N.V. decreased its holdings in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,784 shares of the real estate investment trust’s stock after selling 122 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in AvalonBay Communities were worth $5,857,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in AVB. Achmea Investment Management B.V. raised its position in AvalonBay Communities by 33.5% during the first quarter. Achmea Investment Management B.V. now owns 23,068 shares of the real estate investment trust’s stock valued at $4,951,000 after purchasing an additional 5,791 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in AvalonBay Communities by 4.9% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 48,476 shares of the real estate investment trust’s stock valued at $10,404,000 after buying an additional 2,243 shares during the period. Vert Asset Management LLC raised its holdings in AvalonBay Communities by 5.0% during the 1st quarter. Vert Asset Management LLC now owns 66,660 shares of the real estate investment trust’s stock valued at $14,307,000 after buying an additional 3,199 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in AvalonBay Communities by 9.1% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 344,505 shares of the real estate investment trust’s stock valued at $73,938,000 after buying an additional 28,608 shares during the period. Finally, Figure 8 Investment Strategies LLC purchased a new stake in AvalonBay Communities during the 1st quarter valued at $1,272,000. 92.61% of the stock is currently owned by hedge funds and other institutional investors.

AvalonBay Communities Stock Performance

Shares of NYSE:AVB opened at $190.81 on Friday. The firm has a market cap of $27.17 billion, a PE ratio of 23.50, a price-to-earnings-growth ratio of 2.74 and a beta of 0.86. The firm’s 50 day simple moving average is $191.91 and its 200-day simple moving average is $200.19. AvalonBay Communities, Inc. has a one year low of $180.40 and a one year high of $239.29. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.70 and a current ratio of 0.70.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.82 EPS for the quarter, topping the consensus estimate of $2.80 by $0.02. The company had revenue of $689.90 million for the quarter, compared to the consensus estimate of $759.08 million. AvalonBay Communities had a return on equity of 9.70% and a net margin of 38.91%.During the same period last year, the business posted $2.77 EPS. AvalonBay Communities has set its FY 2025 guidance at 11.190-11.590 EPS. Q3 2025 guidance at 2.750-2.850 EPS. As a group, equities analysts predict that AvalonBay Communities, Inc. will post 11.48 EPS for the current year.

AvalonBay Communities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $1.75 per share. The ex-dividend date is Tuesday, September 30th. This represents a $7.00 annualized dividend and a dividend yield of 3.7%. AvalonBay Communities’s dividend payout ratio (DPR) is currently 86.21%.

Analyst Upgrades and Downgrades

AVB has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on shares of AvalonBay Communities from $251.00 to $249.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 17th. Wall Street Zen lowered shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research report on Saturday, September 13th. BNP Paribas lowered shares of AvalonBay Communities from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Wells Fargo & Company reduced their price target on AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating on the stock in a report on Wednesday, August 27th. Finally, Morgan Stanley upgraded AvalonBay Communities from an “equal weight” rating to an “overweight” rating and reduced their price target for the stock from $228.00 to $225.00 in a report on Wednesday, August 13th. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, AvalonBay Communities currently has a consensus rating of “Hold” and a consensus price target of $217.46.

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.