MV Capital Management Inc. Has $226000 Stake in AvalonBay Communities, Inc. (AVB)

Paterniano Del Favero
Agosto 9, 2017

About shares traded. AvalonBay Communities Inc (NYSE:AVB) has risen 6.66% since August 8, 2016 and is uptrending.

A number of research firms recently issued reports on AVB. UBS Asset Management Americas Inc. raised its position in shares of AvalonBay Communities by 2.6% in the fourth quarter.

Several large investors have recently added to or reduced their stakes in the stock.

Honeywell International Inc increased Avalonbay Cmntys Inc (AVB) stake by 5.24% reported in 2016Q4 SEC filing. Mn Services Vermogensbeheer B.V. now owns 3,662 shares of the real estate investment trust's stock valued at $629,000 after buying an additional 146 shares in the last quarter. Vanguard Group Inc. now owns 21,857,497 shares of the real estate investment trust's stock valued at $4,013,036,000 after buying an additional 406,218 shares during the last quarter.

MV Capital Management Inc. maintained its position in shares of AvalonBay Communities, Inc. Conning has an ownership of 4,289 stocks of the real estate investment trust's shares valued $824,000 after scooping up an extra 19 shares through out the quarter. Perigon Wealth Management LLC raised its stake in AvalonBay Communities by 546.9% in the first quarter. Daiwa Securities Group Inc. now owns 2,774,022 shares of the real estate investment trust's stock valued at $533,084,000 after buying an additional 188,396 shares during the period. The latest reports which are outstanding on Monday 7th of August state 5 analysts have a rating of "strong buy", 6 analysts "buy", 12 analysts "neutral", 0 analysts "sell" and 1 analysts "strong sell". The Illinois-based Heitman Real Estate Securities Llc has invested 5.24% in the stock. The stock of AvalonBay Communities Inc (NYSE:AVB) has "Neutral" rating given on Wednesday, November 23 by Bank of America. (AVB) opened at 188.44 on Tuesday. The company has a market capitalization of $25.89 billion, a price-to-earnings ratio of 25.11 and a beta of 0.34. On Tuesday, March 7 Wilson Stephen W sold $706,005 worth of AvalonBay Communities Inc (NYSE:AVB) or 3,877 shares. The business had revenue of $530.51 million during the quarter, compared to analysts' expectations of $529.48 million. During the same period in the previous year, the company posted $2.03 earnings per share. The legal version of this news story can be viewed at https://transcriptdaily.com/2017/08/08/avalonbay-communities-inc-to-post-fy2017-earnings-of-8-73-per-share-keycorp-forecasts-nyseavb-updated-updated-updated.html.

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a dividend of $1.42 per share. The ex-dividend date was Wednesday, June 28th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.01%. AvalonBay Communities's payout ratio is 78.13%.

ILLEGAL ACTIVITY WARNING: This report was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation. Eqis Capital Management Inc. acquired a new stake in AvalonBay Communities during the second quarter valued at approximately $201,000.

More important recent AvalonBay Communities Inc (NYSE:AVB) news were published by: Gurufocus.com which released: "PGGM Investments Buys AvalonBay Communities Inc, Lowe's Inc, Kimberly-Clark ..." on July 24, 2017, also Seekingalpha.com published article titled: "Why AvalonBay Is Not In My "DAVOS" Portfolio", Businesswire.com published: "AvalonBay Communities, Inc". On Wednesday, May 17 the stock rating was downgraded by Deutsche Bank to "Hold". They noted that the move was a valuation call. Lastly, Jefferies restated a hold recommendation and fixed a $196.00 target price on stock of AvalonBay Communities in a study report on early Tue, Jul 4th. Finally, Royal Bank Of Canada reissued a "buy" rating and set a $203.00 price target on shares of AvalonBay Communities in a report on Sunday, July 16th. Argus began coverage on shares of AvalonBay Communities in a research note on Thursday, June 22nd. The stock has "Hold" rating by BMO Capital Markets on Monday, July 3. (NYSE:AVB), 10 have Buy rating, 1 Sell and 8 Hold. The stock has a 50 day moving average price of $191.58 and a 200 day moving average price of $186.57.

In other news, EVP Edward M. Schulman sold 1,764 shares of the stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $192.36, for a total transaction of $192,360.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The stock was sold at an average price of $193.88, for a total value of $991,114.56. The disclosure for this sale can be found here. 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. Its real estate investments consist of operating apartment communities, communities in various stages of development (Development Communities) and Development Rights.

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