Stephens Inc. AR Purchases 24,909 Shares of AvalonBay Communities, Inc. $AVB

Stephens Inc. AR lifted its position in AvalonBay Communities, Inc. (NYSE:AVB) by 1,199.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,985 shares of the real estate investment trust’s stock after acquiring an additional 24,909 shares during the quarter. Stephens Inc. AR’s holdings in AvalonBay Communities were worth $5,491,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of AvalonBay Communities by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 22,672,682 shares of the real estate investment trust’s stock worth $4,866,011,000 after acquiring an additional 96,790 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of AvalonBay Communities by 7.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,520,036 shares of the real estate investment trust’s stock worth $1,184,712,000 after acquiring an additional 367,853 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of AvalonBay Communities by 3.9% in the 1st quarter. JPMorgan Chase & Co. now owns 3,814,430 shares of the real estate investment trust’s stock worth $818,653,000 after acquiring an additional 143,646 shares in the last quarter. Northern Trust Corp grew its stake in shares of AvalonBay Communities by 5.2% in the 1st quarter. Northern Trust Corp now owns 2,779,484 shares of the real estate investment trust’s stock worth $596,533,000 after acquiring an additional 136,741 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in AvalonBay Communities by 4.2% during the first quarter. Wellington Management Group LLP now owns 2,594,073 shares of the real estate investment trust’s stock valued at $556,740,000 after buying an additional 105,098 shares during the period. Institutional investors own 92.61% of the company’s stock.

AvalonBay Communities Price Performance

Shares of NYSE:AVB opened at $187.24 on Wednesday. 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 firm has a market capitalization of $26.66 billion, a PE ratio of 23.06, a P/E/G ratio of 2.70 and a beta of 0.86. AvalonBay Communities, Inc. has a twelve month low of $180.40 and a twelve month high of $239.29. The company has a 50-day moving average price of $191.11 and a two-hundred day moving average price of $198.04.

AvalonBay Communities (NYSE:AVB) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 earnings per share for the quarter, topping analysts’ consensus estimates of $2.80 by $0.02. The firm had revenue of $689.90 million during the quarter, compared to analyst estimates of $759.08 million. AvalonBay Communities had a net margin of 38.91% and a return on equity of 9.70%. During the same quarter last year, the business earned $2.77 earnings per share. AvalonBay Communities has set its FY 2025 guidance at 11.190-11.590 EPS. Q3 2025 guidance at 2.750-2.850 EPS. Equities analysts forecast that AvalonBay Communities, Inc. will post 11.48 EPS for the current year.

AvalonBay Communities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $1.75 per share. This represents a $7.00 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, September 30th. AvalonBay Communities’s dividend payout ratio (DPR) is currently 86.21%.

Analysts Set New Price Targets

AVB has been the subject of several research reports. BNP Paribas Exane lowered shares of AvalonBay Communities from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th. Royal Bank Of Canada reduced their price target on shares of AvalonBay Communities from $216.00 to $211.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Mizuho restated a “neutral” rating and set a $199.00 price target (down previously from $213.00) on shares of AvalonBay Communities in a research report on Thursday, August 14th. Wells Fargo & Company reduced their price target on shares of AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating for the company in a research report on Wednesday, August 27th. Finally, Barclays increased their price target on shares of AvalonBay Communities from $228.00 to $229.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 30th. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AvalonBay Communities has a consensus rating of “Hold” and a consensus price target of $217.31.

About AvalonBay Communities

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.