Hantz Financial Services Inc. Has $5.53 Million Position in AvalonBay Communities, Inc. $AVB

Hantz Financial Services Inc. grew its position in AvalonBay Communities, Inc. (NYSE:AVB) by 2.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 27,160 shares of the real estate investment trust’s stock after purchasing an additional 700 shares during the quarter. Hantz Financial Services Inc.’s holdings in AvalonBay Communities were worth $5,527,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of AvalonBay Communities by 0.4% in the 1st 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 in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of AvalonBay Communities by 7.1% during the 1st 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 purchasing an additional 367,853 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of AvalonBay Communities by 3.9% during the 1st quarter. JPMorgan Chase & Co. now owns 3,814,430 shares of the real estate investment trust’s stock valued at $818,653,000 after purchasing an additional 143,646 shares during the last quarter. Northern Trust Corp grew its holdings in shares of AvalonBay Communities by 5.2% during the 1st quarter. Northern Trust Corp now owns 2,779,484 shares of the real estate investment trust’s stock valued at $596,533,000 after purchasing an additional 136,741 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of AvalonBay Communities by 4.2% during the 1st quarter. Wellington Management Group LLP now owns 2,594,073 shares of the real estate investment trust’s stock valued at $556,740,000 after purchasing an additional 105,098 shares during the last quarter. 92.61% of the stock is currently owned by institutional investors and hedge funds.

AvalonBay Communities Stock Performance

AVB stock opened at $174.71 on Friday. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.70 and a quick ratio of 0.70. The business has a 50-day moving average price of $190.31 and a 200 day moving average price of $197.63. The company has a market capitalization of $24.88 billion, a P/E ratio of 21.33, a PEG ratio of 2.54 and a beta of 0.86. AvalonBay Communities, Inc. has a 1-year low of $166.73 and a 1-year high of $239.29.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.81 by ($0.06). The firm had revenue of $682.36 million during the quarter, compared to the consensus estimate of $766.22 million. AvalonBay Communities had a net margin of 38.78% and a return on equity of 9.75%. During the same quarter in the previous year, the firm earned $2.74 earnings per share. AvalonBay Communities has set its FY 2025 guidance at 11.150-11.35 EPS. Q4 2025 guidance at 2.800-2.90 EPS. As a group, equities research analysts forecast that AvalonBay Communities, Inc. will post 11.48 EPS for the current fiscal year.

AvalonBay Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, September 30th. AvalonBay Communities’s payout ratio is presently 86.21%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AVB shares. Barclays lifted their price target on shares of AvalonBay Communities from $228.00 to $229.00 and gave the company an “equal weight” rating in a report on Tuesday, September 30th. Evercore ISI decreased their price target on shares of AvalonBay Communities from $216.00 to $214.00 and set an “in-line” rating on the stock in a report on Monday, October 13th. Truist Financial raised 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. Wall Street Zen lowered shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Finally, Piper Sandler reissued a “neutral” rating and set a $200.00 target price (down from $255.00) on shares of AvalonBay Communities in a report on Monday, August 4th. Five equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $217.31.

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.