AvalonBay Communities, Inc. $AVB Shares Bought by Intact Investment Management Inc.

Intact Investment Management Inc. raised its position in AvalonBay Communities, Inc. (NYSE:AVB) by 22.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,300 shares of the real estate investment trust’s stock after acquiring an additional 3,200 shares during the period. Intact Investment Management Inc.’s holdings in AvalonBay Communities were worth $3,137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of AVB. Mather Group LLC. acquired a new stake in AvalonBay Communities in the third quarter valued at approximately $30,000. BOKF NA acquired a new stake in shares of AvalonBay Communities during the third quarter worth $31,000. AlphaQuest LLC acquired a new stake in shares of AvalonBay Communities during the third quarter worth $33,000. Headlands Technologies LLC acquired a new stake in shares of AvalonBay Communities during the second quarter worth $36,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of AvalonBay Communities during the third quarter worth $37,000. 92.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on AVB. UBS Group lowered their price objective on shares of AvalonBay Communities from $192.00 to $191.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Scotiabank lowered their price objective on shares of AvalonBay Communities from $193.00 to $190.00 and set a “sector perform” rating for the company in a research note on Wednesday, March 4th. Royal Bank Of Canada lifted their price objective 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. Morgan Stanley reiterated an “equal weight” rating and set a $203.00 price objective (down from $208.00) on shares of AvalonBay Communities in a research note on Thursday, March 26th. Finally, Cantor Fitzgerald lifted their price objective on shares of AvalonBay Communities from $186.00 to $190.00 and gave the stock a “neutral” rating in a research note on Monday. Four analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AvalonBay Communities presently has a consensus rating of “Hold” and an average price target of $197.47.

AvalonBay Communities Trading Down 0.5%

NYSE:AVB opened at $182.59 on Tuesday. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.80. The firm has a fifty day simple moving average of $171.51 and a 200-day simple moving average of $176.65. AvalonBay Communities, Inc. has a 12 month low of $160.10 and a 12 month high of $211.65. The company has a market capitalization of $25.40 billion, a P/E ratio of 29.31, a PEG ratio of 3.22 and a beta of 0.79.

AvalonBay Communities (NYSE:AVB) last posted its earnings results on Monday, April 27th. 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 business had revenue of $770.28 million for the quarter, compared to analyst estimates of $768.80 million. AvalonBay Communities had a net margin of 37.21% and a return on equity of 9.56%. During the same quarter in the prior year, the firm earned $2.83 earnings per share. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q2 2026 guidance at 2.720-2.820 EPS. On average, equities research analysts anticipate that AvalonBay Communities, Inc. will post 11.29 earnings per share for the current year.

AvalonBay Communities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $1.78 per share. This is a boost from AvalonBay Communities’s previous quarterly dividend of $1.75. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Tuesday, March 31st. AvalonBay Communities’s payout ratio is presently 114.29%.

About AvalonBay Communities

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.