AvalonBay Communities, Inc. $AVB Stock Position Decreased by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC cut its position in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,376 shares of the real estate investment trust’s stock after selling 96 shares during the period. Quotient Wealth Partners LLC’s holdings in AvalonBay Communities were worth $280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Spirit of America Management Corp NY raised its stake in shares of AvalonBay Communities by 2.4% during the 2nd quarter. Spirit of America Management Corp NY now owns 17,290 shares of the real estate investment trust’s stock worth $3,519,000 after purchasing an additional 400 shares in the last quarter. Stanley Laman Group Ltd. raised its stake in shares of AvalonBay Communities by 16.9% in the 2nd quarter. Stanley Laman Group Ltd. now owns 1,240 shares of the real estate investment trust’s stock valued at $252,000 after acquiring an additional 179 shares in the last quarter. Chevy Chase Trust Holdings LLC raised its stake in shares of AvalonBay Communities by 0.7% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 75,807 shares of the real estate investment trust’s stock valued at $15,427,000 after acquiring an additional 539 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of AvalonBay Communities by 24.8% in the 2nd quarter. Nordea Investment Management AB now owns 383,618 shares of the real estate investment trust’s stock valued at $77,211,000 after acquiring an additional 76,136 shares in the last quarter. Finally, S Bank Fund Management Ltd bought a new position in shares of AvalonBay Communities in the 2nd quarter valued at approximately $1,280,000. 92.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AVB. Royal Bank Of Canada cut their price objective on AvalonBay Communities from $216.00 to $211.00 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Mizuho reissued a “neutral” rating and issued a $199.00 price objective (down from $213.00) on shares of AvalonBay Communities in a research note on Thursday, August 14th. Wells Fargo & Company cut their price objective on AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 27th. Truist Financial raised AvalonBay Communities from a “hold” rating to a “buy” rating and cut their price objective for the company from $224.00 to $218.00 in a research note on Thursday, September 11th. Finally, Evercore ISI cut their price objective on AvalonBay Communities from $216.00 to $214.00 and set an “in-line” rating on the stock in a research note on Monday, October 13th. Five analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $217.31.

AvalonBay Communities Stock Performance

Shares of NYSE AVB opened at $186.92 on Monday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $191.07 and its two-hundred day moving average is $198.14. The company has a market cap of $26.61 billion, a P/E ratio of 23.02, a P/E/G ratio of 2.70 and a beta of 0.86. AvalonBay Communities, Inc. has a 12 month low of $180.40 and a 12 month high of $239.29.

AvalonBay Communities (NYSE:AVB) last issued its quarterly earnings results 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 in the previous 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. On average, equities analysts expect that AvalonBay Communities, Inc. will post 11.48 EPS for the current year.

AvalonBay Communities Dividend Announcement

The company also recently disclosed 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 3.7%. The ex-dividend date of this dividend was Tuesday, September 30th. AvalonBay Communities’s dividend payout ratio (DPR) is presently 86.21%.

AvalonBay Communities 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.