Advisors Preferred LLC Acquires Shares of 11,915 AvalonBay Communities, Inc. $AVB

Advisors Preferred LLC acquired a new stake in shares of AvalonBay Communities, Inc. (NYSE:AVB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,915 shares of the real estate investment trust’s stock, valued at approximately $2,422,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC lifted its holdings in shares of 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 position in shares of AvalonBay Communities in the first quarter valued at about $45,000. Zions Bancorporation National Association UT bought a new position in shares of AvalonBay Communities in the first quarter valued at about $50,000. Capital Analysts LLC raised its holdings in shares of AvalonBay Communities by 48.5% in the first quarter. Capital Analysts LLC now owns 245 shares of the real estate investment trust’s stock valued at $53,000 after buying an additional 80 shares during the last quarter. Finally, Hilltop National Bank bought a new position in shares of AvalonBay Communities in the second quarter valued at about $58,000. 92.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AVB shares. Mizuho reaffirmed a “neutral” rating and issued a $199.00 price target (down from $213.00) on shares of AvalonBay Communities in a report on Thursday, August 14th. Truist Financial upgraded AvalonBay Communities from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $224.00 to $218.00 in a research report on Thursday, September 11th. Wall Street Zen upgraded AvalonBay Communities from a “sell” rating to a “hold” rating in a research report on Saturday. BNP Paribas lowered AvalonBay Communities from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Finally, Barclays lifted their price objective on AvalonBay Communities from $228.00 to $229.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 30th. Five research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $216.54.

AvalonBay Communities Trading Up 0.8%

NYSE:AVB opened at $175.33 on Tuesday. AvalonBay Communities, Inc. has a fifty-two week low of $166.73 and a fifty-two week high of $239.29. 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 stock has a market capitalization of $24.96 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.54 and a beta of 0.86. The business’s 50-day simple moving average is $189.59 and its 200-day simple moving average is $197.21.

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 business had revenue of $682.36 million for 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 last year, the firm earned $2.74 EPS. AvalonBay Communities has set its FY 2025 guidance at 11.150-11.35 EPS. Q4 2025 guidance at 2.800-2.90 EPS. Sell-side analysts expect that AvalonBay Communities, Inc. will post 11.48 earnings per share for the current fiscal year.

AvalonBay Communities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $1.75 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $7.00 annualized dividend and a yield of 4.0%. AvalonBay Communities’s payout ratio is presently 85.47%.

About AvalonBay Communities

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.