Pictet Asset Management Holding SA Reduces Stock Position in AvalonBay Communities, Inc. $AVB

Posted by Francis Steltz on Jul 4th, 2026

Pictet Asset Management Holding SA trimmed its holdings in shares of AvalonBay Communities, Inc. (NYSE:AVB – Free Report) by 11.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,183 shares of the real estate investment trust’s stock after selling 7,986 shares during the period. Pictet Asset Management Holding SA’s holdings in AvalonBay Communities were worth $10,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Reflection Asset Management acquired a new position in shares of AvalonBay Communities during the 4th quarter worth about $25,000. Zions Bancorporation National Association UT raised its position in shares of AvalonBay Communities by 300.0% during the 4th quarter. Zions Bancorporation National Association UT now owns 160 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 120 shares in the last quarter. BOKF NA acquired a new stake in shares of AvalonBay Communities during the 3rd quarter worth about $31,000. Elyxium Wealth LLC purchased a new stake in AvalonBay Communities during the fourth quarter worth approximately $32,000. Finally, Headlands Technologies LLC purchased a new stake in AvalonBay Communities during the second quarter worth approximately $36,000. 92.61% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AVB has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price target on AvalonBay Communities from $180.00 to $188.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. Morgan Stanley reissued an “equal weight” rating and set a $203.00 price objective (down from $208.00) on shares of AvalonBay Communities in a report on Thursday, March 26th. Cantor Fitzgerald boosted their price objective on shares of AvalonBay Communities from $186.00 to $190.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. UBS Group lowered their target price on shares of AvalonBay Communities from $191.00 to $189.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, Wells Fargo & Company dropped their target price on shares of AvalonBay Communities from $193.00 to $191.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. Four equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, AvalonBay Communities has a consensus rating of “Hold” and an average price target of $195.13.

Read Our Latest Report on AVB

AvalonBay Communities Stock Down 0.2%

AvalonBay Communities stock opened at $193.62 on Friday. The company has a market capitalization of $26.93 billion, a P/E ratio of 28.06, a PEG ratio of 3.38 and a beta of 0.77. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.62 and a current ratio of 0.62. AvalonBay Communities, Inc. has a fifty-two week low of $160.10 and a fifty-two week high of $205.00. The stock has a 50-day simple moving average of $184.68 and a 200-day simple moving average of $178.34.

AvalonBay Communities (NYSE:AVB – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.80 by ($0.47). The firm had revenue of $770.28 million for the quarter, compared to analysts’ expectations of $768.80 million. AvalonBay Communities had a return on equity of 9.56% and a net margin of 37.21%.During the same quarter in the prior year, the business earned $2.83 EPS. Equities research analysts expect that AvalonBay Communities, Inc. will post 11.28 earnings per share for the current year.

AvalonBay Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $1.78 dividend. This represents a $7.12 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. AvalonBay Communities’s dividend payout ratio is presently 103.19%.

AvalonBay Communities Profile

(Free Report)

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.