Weiss Multi Technique Advisers LLC bought a brand new stake in AvalonBay Communities Inc (NYSE:AVB) through the fourth quarter, based on its most up-to-date 13F submitting with the Securities & Trade Fee. The fund bought 175,00Zero shares of the actual property funding belief’s inventory, valued at roughly $30,459,000. AvalonBay Communities makes up 1.3% of Weiss Multi Technique Advisers LLC’s holdings, making the inventory its eighth largest holding. Weiss Multi Technique Advisers LLC owned 0.13% of AvalonBay Communities as of its most up-to-date SEC submitting.
A lot of different massive traders have additionally just lately added to or lowered their stakes in AVB. Prudential Monetary Inc. lifted its place in shares of AvalonBay Communities by 3.1% through the third quarter. Prudential Monetary Inc. now owns 794,657 shares of the actual property funding belief’s inventory price $143,952,00Zero after buying a further 24,163 shares within the final quarter. Sumitomo Mitsui Belief Holdings Inc. lifted its place in shares of AvalonBay Communities by 2.6% through the third quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 640,664 shares of the actual property funding belief’s inventory price $116,056,00Zero after buying a further 16,029 shares within the final quarter. Royal London Asset Administration Ltd. lifted its place in shares of AvalonBay Communities by 10.5% through the third quarter. Royal London Asset Administration Ltd. now owns 67,839 shares of the actual property funding belief’s inventory price $12,288,00Zero after buying a further 6,435 shares within the final quarter. Stone Ridge Asset Administration LLC acquired a brand new place in shares of AvalonBay Communities through the third quarter price roughly $4,891,000. Lastly, IFP Advisors Inc lifted its place in shares of AvalonBay Communities by 627.2% through the third quarter. IFP Advisors Inc now owns 749 shares of the actual property funding belief’s inventory price $136,00Zero after buying a further 646 shares within the final quarter. Hedge funds and different institutional traders personal 94.34% of the corporate’s inventory.
In different AvalonBay Communities information, insider Stephen W. Wilson bought 2,905 shares of the corporate’s inventory in a transaction that occurred on Monday, November 26th. The shares have been bought at a mean value of $185.89, for a complete worth of $540,010.45. The sale was disclosed in a submitting with the Securities & Trade Fee, which is accessible by this hyperlink. Additionally, SVP Keri A. Shea bought 1,880 shares of the corporate’s inventory in a transaction that occurred on Monday, November 19th. The shares have been bought at a mean value of $185.10, for a complete transaction of $347,988.00. The disclosure for this sale could be discovered right here. Insiders bought 36,553 shares of firm inventory valued at $6,838,949 within the final ninety days. Insiders personal 0.43% of the corporate’s inventory.
AVB opened at $196.07 on Friday. The corporate has a fast ratio of 0.77, a present ratio of 0.77 and a debt-to-equity ratio of 0.66. The corporate has a market cap of $27.10 billion, a P/E ratio of 21.79, a price-to-earnings-growth ratio of three.76 and a beta of 0.62. AvalonBay Communities Inc has a fifty-two week low of $152.65 and a fifty-two week excessive of $196.95.
AvalonBay Communities (NYSE:AVB) final posted its quarterly earnings outcomes on Monday, February 4th. The true property funding belief reported $2.31 earnings per share for the quarter, lacking the Zacks’ consensus estimate of $2.32 by ($0.01). The enterprise had income of $578.52 million for the quarter, in comparison with the consensus estimate of $576.56 million. AvalonBay Communities had a return on fairness of 9.33% and a internet margin of 42.66%. The corporate’s quarterly income was up 4.2% on a year-over-year foundation. Throughout the identical interval final yr, the agency earned $1.72 earnings per share. On common, equities analysis analysts anticipate that AvalonBay Communities Inc will publish 9.Three earnings per share for the present fiscal yr.
The agency additionally just lately declared a quarterly dividend, which can be paid on Monday, April 15th. Traders of document on Friday, March 29th can be paid a dividend of $1.52 per share. This represents a $6.08 dividend on an annualized foundation and a dividend yield of three.10%. This is a rise from AvalonBay Communities’s earlier quarterly dividend of $1.47. The ex-dividend date of this dividend is Thursday, March 28th. AvalonBay Communities’s payout ratio is 65.33%.
A lot of equities analysts have just lately issued studies on AVB shares. Zacks Funding Analysis lowered shares of AvalonBay Communities from a “purchase” ranking to a “maintain” ranking in a analysis report on Thursday, January 17th. BMO Capital Markets upgraded shares of AvalonBay Communities from a “market carry out” ranking to an “outperform” ranking and upped their goal value for the inventory from $188.00 to $195.00 in a analysis report on Friday, November 2nd. BTIG Analysis upgraded shares of AvalonBay Communities from a “impartial” ranking to a “purchase” ranking and set a $216.00 goal value on the inventory in a analysis report on Thursday, December sixth. SunTrust Banks upped their goal value on shares of AvalonBay Communities to $208.00 and gave the inventory an “common” ranking in a analysis report on Thursday. Lastly, ValuEngine upgraded shares of AvalonBay Communities from a “maintain” ranking to a “purchase” ranking in a analysis report on Thursday, January 24th. One funding analyst has rated the inventory with a promote ranking, eight have issued a maintain ranking and eight have assigned a purchase ranking to the corporate’s inventory. The corporate presently has a consensus ranking of “Maintain” and a mean goal value of $196.33.
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AvalonBay Communities Firm Profile
As of September 30, 2018, the Firm owned or held a direct or oblique possession curiosity in 290 residence communities containing 84,490 residence houses in 12 states and the District of Columbia, of which 19 communities have been beneath improvement and 15 communities have been beneath redevelopment. The Firm is an fairness REIT within the enterprise of creating, redeveloping, buying and managing residence communities in main metropolitan areas primarily in New England, the New York/New Jersey Metro space, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California areas of the USA.
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