Figure 8 Investment Strategies LLC Sells 107 Shares of AvalonBay Communities, Inc. $AVB

Figure 8 Investment Strategies LLC lessened its stake in AvalonBay Communities, Inc. (NYSE:AVB) by 1.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,821 shares of the real estate investment trust’s stock after selling 107 shares during the quarter. Figure 8 Investment Strategies LLC’s holdings in AvalonBay Communities were worth $1,185,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in AVB. QRG Capital Management Inc. lifted its position in AvalonBay Communities by 2.6% in the 2nd quarter. QRG Capital Management Inc. now owns 15,983 shares of the real estate investment trust’s stock valued at $3,253,000 after acquiring an additional 409 shares in the last quarter. Segment Wealth Management LLC lifted its holdings in shares of AvalonBay Communities by 27.2% in the second quarter. Segment Wealth Management LLC now owns 1,509 shares of the real estate investment trust’s stock valued at $307,000 after purchasing an additional 323 shares in the last quarter. Ascent Group LLC acquired a new position in shares of AvalonBay Communities during the second quarter worth about $410,000. Ameritas Advisory Services LLC acquired a new position in shares of AvalonBay Communities during the second quarter worth about $133,000. Finally, Vanderbilt University grew its holdings in shares of AvalonBay Communities by 23.2% during the second quarter. Vanderbilt University now owns 10,102 shares of the real estate investment trust’s stock worth $2,056,000 after buying an additional 1,900 shares in the last quarter. 92.61% of the stock is currently owned by institutional investors and hedge funds.

AvalonBay Communities Stock Performance

Shares of AVB stock opened at $190.81 on Friday. The company has a fifty day moving average price of $191.91 and a two-hundred day moving average price of $200.19. AvalonBay Communities, Inc. has a one year low of $180.40 and a one year high of $239.29. The stock has a market cap of $27.17 billion, a P/E ratio of 23.50, a P/E/G ratio of 2.74 and a beta of 0.86. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.70 and a quick ratio of 0.70.

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

AvalonBay Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $1.75 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.7%. AvalonBay Communities’s payout ratio is presently 86.21%.

Analysts Set New Price Targets

Several equities research analysts have commented on AVB shares. Barclays boosted their target price on AvalonBay Communities from $228.00 to $229.00 and gave the company an “equal weight” rating in a research note on Tuesday. BNP Paribas Exane lowered shares of AvalonBay Communities from an “outperform” rating to a “neutral” rating in a research note on Monday, September 29th. Wall Street Zen downgraded shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. Scotiabank decreased their price objective on AvalonBay Communities from $236.00 to $226.00 and set a “sector perform” rating for the company in a report on Thursday, August 14th. Finally, Royal Bank Of Canada dropped their target price on AvalonBay Communities from $216.00 to $211.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Five investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $217.46.

AvalonBay Communities Company 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.