Roundview Capital LLC Has $826,000 Stake in AvalonBay Communities, Inc. $AVB

Roundview Capital LLC raised its position in shares of AvalonBay Communities, Inc. (NYSE:AVB) by 2.7% in the second quarter, Holdings Channel reports. The fund owned 4,058 shares of the real estate investment trust’s stock after buying an additional 108 shares during the quarter. Roundview Capital LLC’s holdings in AvalonBay Communities were worth $826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of AVB. Proathlete Wealth Management LLC bought a new stake in AvalonBay Communities during the first quarter valued at about $29,000. Opal Wealth Advisors LLC bought a new stake in AvalonBay Communities during the first quarter valued at about $33,000. Sound Income Strategies LLC boosted its holdings in AvalonBay Communities by 76.4% during the second quarter. Sound Income Strategies LLC now owns 187 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 81 shares during the period. Keystone Global Partners LLC bought a new stake in AvalonBay Communities during the first quarter valued at about $45,000. Finally, Zions Bancorporation National Association UT bought a new stake in AvalonBay Communities during the first quarter valued at about $50,000. 92.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AVB shares. Truist Financial upgraded shares of AvalonBay Communities from a “hold” rating to a “buy” rating and decreased their price target for the company from $224.00 to $218.00 in a report on Thursday, September 11th. Royal Bank Of Canada reduced their target price on shares of AvalonBay Communities from $216.00 to $211.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Barclays increased their target price on shares of AvalonBay Communities from $228.00 to $229.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 30th. Wells Fargo & Company reduced their target price on shares of AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating for the company in a research note on Wednesday, August 27th. Finally, Wall Street Zen cut shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. Five research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $217.46.

AvalonBay Communities Stock Down 0.1%

Shares of AVB opened at $187.48 on Wednesday. The stock has a market cap of $26.69 billion, a price-to-earnings ratio of 23.09, a P/E/G ratio of 2.70 and a beta of 0.86. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.71. AvalonBay Communities, Inc. has a 12 month low of $180.40 and a 12 month high of $239.29. The company has a 50-day moving average price of $191.38 and a two-hundred day moving average price of $199.80.

AvalonBay Communities (NYSE:AVB) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 EPS for the quarter, topping analysts’ consensus estimates of $2.80 by $0.02. The firm had revenue of $689.90 million during the quarter, compared to analysts’ expectations of $759.08 million. AvalonBay Communities had a net margin of 38.91% and a return on equity of 9.70%. During the same quarter last year, the company 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. Equities analysts predict that AvalonBay Communities, Inc. will post 11.48 EPS for the current fiscal year.

AvalonBay Communities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $1.75 per share. The ex-dividend date is Tuesday, September 30th. This represents a $7.00 dividend on an annualized basis and a yield of 3.7%. AvalonBay Communities’s dividend payout ratio (DPR) is currently 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.