AvalonBay Communities, Inc. (NYSE:AVB) COO Sean J. Breslin sold 1,500 shares of AvalonBay Communities stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $182.65, for a total value of $273,975.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of AvalonBay Communities, Inc. (AVB) traded down $1.33 during trading on Wednesday, reaching $182.31. 508,961 shares of the company were exchanged, compared to its average volume of 673,909. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.69. AvalonBay Communities, Inc. has a 12-month low of $168.47 and a 12-month high of $199.52. The stock has a market cap of $25,243.85, a PE ratio of 21.53, a price-to-earnings-growth ratio of 2.87 and a beta of 0.35.

AvalonBay Communities (NYSE:AVB) last announced its quarterly earnings results on Monday, October 30th. The real estate investment trust reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.45). AvalonBay Communities had a return on equity of 8.66% and a net margin of 41.55%. The business had revenue of $550.50 million for the quarter, compared to analysts’ expectations of $539.69 million. During the same period last year, the company posted $2.11 earnings per share. The firm’s revenue for the quarter was up 6.6% on a year-over-year basis. analysts predict that AvalonBay Communities, Inc. will post 8.62 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $5.68 dividend on an annualized basis and a yield of 3.12%. AvalonBay Communities’s dividend payout ratio (DPR) is 88.75%.

Several brokerages have weighed in on AVB. Robert W. Baird reiterated a “buy” rating and issued a $202.00 price target on shares of AvalonBay Communities in a report on Friday, September 1st. Stifel Nicolaus reiterated a “buy” rating and issued a $209.00 price target on shares of AvalonBay Communities in a report on Friday, September 1st. Mizuho reiterated a “buy” rating and issued a $220.00 price target on shares of AvalonBay Communities in a report on Monday, November 6th. UBS upgraded AvalonBay Communities from a “neutral” rating to a “buy” rating and boosted their price target for the company from $190.00 to $206.00 in a report on Thursday, November 9th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $190.00 price target on shares of AvalonBay Communities in a report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company’s stock. AvalonBay Communities presently has a consensus rating of “Hold” and an average target price of $200.71.

A number of institutional investors have recently made changes to their positions in the stock. Creative Planning boosted its position in AvalonBay Communities by 0.4% in the 2nd quarter. Creative Planning now owns 542 shares of the real estate investment trust’s stock valued at $104,000 after buying an additional 2 shares during the last quarter. Amica Retiree Medical Trust purchased a new position in AvalonBay Communities in the 3rd quarter valued at about $132,000. WFG Advisors LP boosted its position in AvalonBay Communities by 24.9% in the 2nd quarter. WFG Advisors LP now owns 839 shares of the real estate investment trust’s stock valued at $161,000 after buying an additional 167 shares during the last quarter. Savant Capital LLC boosted its position in AvalonBay Communities by 4.6% in the 2nd quarter. Savant Capital LLC now owns 1,140 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 50 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in AvalonBay Communities in the 2nd quarter valued at about $226,000. 95.07% of the stock is owned by hedge funds and other institutional investors.

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AvalonBay Communities Company Profile

AvalonBay Communities, Inc is a real estate investment trust (REIT). The Company is focused on the development, redevelopment, acquisition, ownership and operation of multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California.

Insider Buying and Selling by Quarter for AvalonBay Communities (NYSE:AVB)

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