Analysts take a look at AvalonBay Communities, Inc. (NYSE:AVB) having this to say.

December 14, 2017 - By Stephen Andrade

 Analysts take a look at AvalonBay Communities, Inc. (NYSE:AVB) having this to say.
Investors sentiment decreased to 0.86 in Q2 2017. Its down 0.09, from 0.95 in 2017Q1. It worsened, as 30 investors sold AvalonBay Communities, Inc. shares while 161 reduced holdings. 42 funds opened positions while 122 raised stakes. 133.03 million shares or 1.24% less from 134.69 million shares in 2017Q1 were reported.
Cibc Asset owns 15,788 shares. Parametric Portfolio Assocs Ltd Liability Company holds 278,587 shares or 0.07% of its portfolio. Kames Public Ltd Company holds 3,588 shares. Boston Private Wealth Limited Liability Com accumulated 9,211 shares. Jfs Wealth Ltd Liability Company reported 93 shares or 0% of all its holdings. Lord Abbett Lc reported 275,350 shares. Us State Bank De has invested 0.02% in AvalonBay Communities, Inc. (NYSE:AVB). Strs Ohio stated it has 454,579 shares or 0.39% of all its holdings. Sei Investments accumulated 0.28% or 359,141 shares. Adams Diversified Equity Fund Incorporated invested 0.58% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). The Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.37% in AvalonBay Communities, Inc. (NYSE:AVB). Los Angeles Capital Mngmt Equity Research invested 0.01% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Chicago Equity Prns Limited Com holds 0.11% or 21,745 shares. Architects invested 0.01% in AvalonBay Communities, Inc. (NYSE:AVB). Ftb accumulated 285 shares or 0.01% of the stock.

AvalonBay Communities, Inc. (NYSE:AVB) Ratings Coverage

Among 23 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 10 Hold. Therefore 52% are positive. Avalonbay Communities Inc. had 66 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, May 30 by Jefferies. Robert W. Baird upgraded AvalonBay Communities, Inc. (NYSE:AVB) on Friday, December 11 to “Outperform” rating. The firm has “Hold” rating by Jefferies given on Friday, September 8. Evercore maintained AvalonBay Communities, Inc. (NYSE:AVB) rating on Tuesday, September 8. Evercore has “Buy” rating and $187 target. As per Friday, December 16, the company rating was upgraded by Mizuho. The firm has “Hold” rating by Evercore given on Friday, July 15. The company was maintained on Tuesday, August 8 by RBC Capital Markets. BMO Capital Markets maintained the shares of AVB in report on Wednesday, August 2 with “Hold” rating. The firm earned “Equal-Weight” rating on Thursday, April 14 by Barclays Capital. The firm has “Outperform” rating given on Friday, February 12 by RBC Capital Markets. Below is a list of AvalonBay Communities, Inc. (NYSE:AVB) latest ratings and price target changes.

27/11/2017 Broker: BMO Capital Markets Rating: Hold New Target: $190.0 Maintain
10/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $202.0 Maintain
09/11/2017 Broker: UBS Rating: Buy New Target: $206.0 Upgrade
06/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $200.0 Maintain
06/11/2017 Broker: Mizuho Rating: Buy New Target: $220.0 Maintain
01/11/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $209.00 New Target: $200.00 Maintain
30/10/2017 Broker: Cantor Fitzgerald Rating: Hold New Target: $191.0 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $206.0 Maintain
03/10/2017 Broker: Robert W. Baird Rating: Buy New Target: $202.0 Maintain

The stock increased 0.12% or $0.21 during the last trading session, reaching $182.52. About 151,978 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since December 14, 2016 and is uptrending. It has underperformed by 10.04% the S&P500.

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. The company has market cap of $25.21 billion. As of January 31, 2009, the firm owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It has a 28.55 P/E ratio. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities.

More important recent AvalonBay Communities, Inc. (NYSE:AVB) news were published by: Seekingalpha.com which released: “Camden Property a pick on tax plan – Goldman” on November 29, 2017, also Bizjournals.com published article titled: “Exclusive: Shooshan, Brandywine land anchor tenant for Ballston mixed-use building”, Businesswire.com published: “AvalonBay Communities Again Ranked #1 Public Multifamily REIT for Online …” on December 04, 2017. More interesting news about AvalonBay Communities, Inc. (NYSE:AVB) was released by: Investorplace.com and their article: “Avalon Bay Communities’ (AVB) Earnings Visibility Makes it Buy” with publication date: December 13, 2017.

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