Comerica Bank owned 0.06% of AvalonBay Communities worth $14,037,000 as of its most recent filing with the Securities & Exchange Commission. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. KAMES CAPITAL plc acquired a new stake in shares of AvalonBay Communities in the 2nd quarter worth $690,000. FMR LLC now owns 5,341,390 shares of the real estate investment trust's stock worth $1,026,454,000 after buying an additional 969,095 shares during the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in AvalonBay Communities by 21.0% in the third quarter. MD now owns 3,418,752 shares of the real estate investment trust's stock valued at $607,991,000 after buying an additional 213,856 shares during the period. Old Mutual Global Investors UK Ltd. raised its position in AvalonBay Communities by 185.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 3,282 shares of the real estate investment trust's stock valued at $584,000 after buying an additional 570 shares during the period.
After a recent check, shares of AvalonBay Communities, Inc. Canada Pension Plan Investment Board now owns 407,714 shares of the real estate investment trust's stock worth $72,744,000 after buying an additional 309,867 shares during the last quarter. Investors may use Price to Book to display how the market portrays the value of a stock. Finally, BidaskClub lowered AvalonBay Communities from a "hold" rating to a "sell" rating in a research report on Friday, July 28th. UBS AG upgraded shares of AvalonBay Communities from a "neutral" rating to a "buy" rating and increased their price target for the stock from $190.00 to $206.00 in a research report on Thursday, November 9th. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The Earnings Yield Five Year average for AvalonBay Communities, Inc.is 0.014549. The value of the investment in Avalonbay Communities decreased from $468,708,000 to $411,838,000 a change of 12.1% quarter over quarter.
AvalonBay Communities (NYSE AVB) traded up $1.40 during mid-day trading on Wednesday, reaching $186.09. AvalonBay Communities updated its Q4 guidance to $2.19-2.25 EPS. The quick ratio, on the other hand, is *tba indicating the company's current short-term liquidity.
AvalonBay Communities (NYSE:AVB) last released its quarterly earnings results on Monday, October 30th. The real estate investment trust reported $1.72 earnings per share for the quarter, missing the Zacks' consensus estimate of $2.17 by ($0.45). AvalonBay Communities, Inc.'s PEG is 8.64. The company had revenue of $550.50 million during the quarter, compared to analysts' expectations of $539.69 million. During the same quarter in the previous year, the firm earned $2.11 earnings per share. equities analysts anticipate that AvalonBay Communities will post 8.61 earnings per share for the current year. The low score of 17.00000 for AvalonBay Communities, Inc. indicates a top score for stability and growth.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Thursday, December 28th. It looks at the stock's Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. AvalonBay Communities's dividend payout ratio (DPR) is presently 88.75%.
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Shifting gears, we can see that AvalonBay Communities, Inc. The Company focuses 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.