Yousif Capital Management LLC Buys 207 Shares of AvalonBay Communities, Inc. $AVB

Yousif Capital Management LLC raised its holdings in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 0.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,633 shares of the real estate investment trust’s stock after buying an additional 207 shares during the period. Yousif Capital Management LLC’s holdings in AvalonBay Communities were worth $5,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in AvalonBay Communities by 0.4% during the first quarter. Vanguard Group Inc. now owns 22,672,682 shares of the real estate investment trust’s stock valued at $4,866,011,000 after buying an additional 96,790 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in AvalonBay Communities by 7.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,520,036 shares of the real estate investment trust’s stock valued at $1,184,712,000 after buying an additional 367,853 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in AvalonBay Communities by 3.9% during the first quarter. JPMorgan Chase & Co. now owns 3,814,430 shares of the real estate investment trust’s stock valued at $818,653,000 after buying an additional 143,646 shares during the last quarter. Northern Trust Corp increased its stake in shares of AvalonBay Communities by 5.2% in the first quarter. Northern Trust Corp now owns 2,779,484 shares of the real estate investment trust’s stock worth $596,533,000 after purchasing an additional 136,741 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in shares of AvalonBay Communities by 4.2% in the first quarter. Wellington Management Group LLP now owns 2,594,073 shares of the real estate investment trust’s stock worth $556,740,000 after purchasing an additional 105,098 shares in the last quarter. 92.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AVB has been the subject of a number of analyst reports. Barclays increased their price objective on shares of AvalonBay Communities from $228.00 to $229.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 30th. Truist Financial raised shares of AvalonBay Communities from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $224.00 to $218.00 in a research note on Thursday, September 11th. BNP Paribas Exane cut shares of AvalonBay Communities from an “outperform” rating to a “neutral” rating in a research note on Monday, September 29th. JPMorgan Chase & Co. reduced their price objective on shares of AvalonBay Communities from $251.00 to $249.00 and set an “overweight” rating for the company in a research note on Tuesday, June 17th. Finally, UBS Group cut their target price on shares of AvalonBay Communities from $238.00 to $216.00 and set a “neutral” rating for the company in a research note on Tuesday, July 15th. Five equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, AvalonBay Communities has an average rating of “Hold” and an average price target of $217.31.

AvalonBay Communities Price Performance

AVB stock opened at $185.33 on Wednesday. AvalonBay Communities, Inc. has a 52 week low of $180.40 and a 52 week high of $239.29. 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 company has a fifty day simple moving average of $191.19 and a two-hundred day simple moving average of $198.82. The firm has a market capitalization of $26.39 billion, a P/E ratio of 22.82, a price-to-earnings-growth ratio of 2.66 and a beta of 0.86.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.82 EPS for the quarter, beating the consensus estimate of $2.80 by $0.02. AvalonBay Communities had a net margin of 38.91% and a return on equity of 9.70%. The business had revenue of $689.90 million during the quarter, compared to analyst estimates of $759.08 million. 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. Analysts anticipate that AvalonBay Communities, Inc. will post 11.48 earnings per share for the current fiscal year.

AvalonBay Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $1.75 per share. The ex-dividend date is Tuesday, September 30th. This represents a $7.00 annualized dividend and a yield of 3.8%. AvalonBay Communities’s dividend payout ratio (DPR) is 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.