Carronade Capital Management LP Sells 11,148 Shares of AvalonBay Communities, Inc. $AVB

Posted by Geri Gentry on Jul 27th, 2026

Carronade Capital Management LP cut its holdings in AvalonBay Communities, Inc. (NYSE:AVB – Free Report) by 21.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,180 shares of the real estate investment trust’s stock after selling 11,148 shares during the period. AvalonBay Communities accounts for 0.1% of Carronade Capital Management LP’s holdings, making the stock its 19th biggest holding. Carronade Capital Management LP’s holdings in AvalonBay Communities were worth $6,727,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AVB. Reflection Asset Management purchased a new stake in AvalonBay Communities during the 4th quarter valued at approximately $25,000. Clearstead Trust LLC lifted its holdings in shares of AvalonBay Communities by 56.0% in the first quarter. Clearstead Trust LLC now owns 156 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 56 shares in the last quarter. Zions Bancorporation National Association UT lifted its holdings in shares of AvalonBay Communities by 300.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 160 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 120 shares in the last quarter. BOKF NA bought a new position in shares of AvalonBay Communities during the third quarter worth $31,000. Finally, Headlands Technologies LLC bought a new position in shares of AvalonBay Communities during the second quarter worth $36,000. 92.61% of the stock is currently owned by institutional investors.

AvalonBay Communities Trading Down 0.0%

AVB stock opened at $189.53 on Monday. The firm has a fifty day moving average price of $187.49 and a 200 day moving average price of $179.43. AvalonBay Communities, Inc. has a fifty-two week low of $160.10 and a fifty-two week high of $203.29. The firm has a market cap of $26.92 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 3.30 and a beta of 0.77. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.62 and a current ratio of 0.62.

AvalonBay Communities (NYSE:AVB – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.12). AvalonBay Communities had a net margin of 33.33% and a return on equity of 8.58%. The business had revenue of $777.77 million for the quarter, compared to analysts’ expectations of $772.37 million. During the same period in the previous year, the company earned $2.82 EPS. Sell-side analysts anticipate that AvalonBay Communities, Inc. will post 11.28 earnings per share for the current fiscal year.

AvalonBay Communities Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $1.78 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.8%. AvalonBay Communities’s payout ratio is 103.19%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Truist Financial raised their target price on shares of AvalonBay Communities from $201.00 to $202.00 and gave the company a “buy” rating in a research note on Tuesday, June 16th. Royal Bank Of Canada boosted their price target on shares of AvalonBay Communities from $180.00 to $188.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. UBS Group dropped their price objective 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. Wells Fargo & Company cut their price objective on AvalonBay Communities from $193.00 to $191.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. Finally, Piper Sandler lifted their target price on AvalonBay Communities from $195.00 to $210.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $196.80.

Get Our Latest Report on AVB

AvalonBay Communities Company 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.