Rep. Lisa C. McClain Buys AvalonBay Communities, Inc. (NYSE:AVB) Stock

Key Points

• Representative Lisa C. McClain (R-Michigan) disclosed the purchase of shares in AvalonBay Communities (NYSE: AVB) valued between $1,001 and $15,000, made on August 4th.
• AvalonBay Communities reported a quarterly earnings per share of $2.82, beating estimates, and provided FY 2025 guidance of 11.190-11.590 EPS.
• Hedge funds own 92.61% of AvalonBay's stock, with several firms increasing their positions in the company's shares this year.

Representative Lisa C. McClain (R-Michigan) recently bought shares of AvalonBay Communities, Inc. NYSE: AVB. In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in AvalonBay Communities stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

AvalonBay Communities Price Performance

Shares of NYSE:AVB traded up $1.21 on Thursday, hitting $193.75. The company's stock had a trading volume of 727,606 shares, compared to its average volume of 819,422. The company has a 50-day simple moving average of $194.16 and a 200 day simple moving average of $202.11. AvalonBay Communities, Inc. has a 1 year low of $180.40 and a 1 year high of $239.29. The company has a market capitalization of $27.59 billion, a PE ratio of 23.86, a PEG ratio of 2.77 and a beta of 0.87. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.70 and a quick ratio of 0.70.

AvalonBay Communities (NYSE:AVB - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.02. AvalonBay Communities had a return on equity of 9.70% and a net margin of 38.91%.The firm had revenue of $689.90 million for the quarter, compared to analysts' expectations of $759.08 million. During the same quarter last year, the firm posted $2.77 EPS. AvalonBay Communities has set its FY 2025 guidance at 11.190-11.590 EPS. Q3 2025 guidance at 2.750-2.850 EPS. Sell-side analysts forecast that AvalonBay Communities, Inc. will post 11.48 EPS for the current fiscal year.

AvalonBay Communities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $7.00 annualized dividend and a dividend yield of 3.6%. AvalonBay Communities's dividend payout ratio (DPR) is presently 86.21%.

Hedge Funds Weigh In On AvalonBay Communities

Several institutional investors and hedge funds have recently bought and sold shares of AVB. Norges Bank bought a new position in AvalonBay Communities during the 2nd quarter worth approximately $1,394,225,000. Nuveen LLC bought a new position in AvalonBay Communities during the 1st quarter worth approximately $280,226,000. Invesco Ltd. grew its position in AvalonBay Communities by 70.2% during the 2nd quarter. Invesco Ltd. now owns 2,593,727 shares of the real estate investment trust's stock worth $527,823,000 after acquiring an additional 1,069,793 shares during the last quarter. Bank of America Corp DE grew its position in AvalonBay Communities by 77.1% during the 2nd quarter. Bank of America Corp DE now owns 1,338,552 shares of the real estate investment trust's stock worth $272,395,000 after acquiring an additional 582,724 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in AvalonBay Communities by 21,024.3% during the 1st quarter. GAMMA Investing LLC now owns 550,500 shares of the real estate investment trust's stock worth $118,148,000 after acquiring an additional 547,894 shares during the last quarter. 92.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on AVB shares. Mizuho reaffirmed a "neutral" rating and issued a $199.00 price target (down previously from $213.00) on shares of AvalonBay Communities in a report on Thursday, August 14th. Evercore ISI increased their price objective on AvalonBay Communities from $212.00 to $216.00 and gave the company an "in-line" rating in a research report on Monday. Piper Sandler reiterated a "neutral" rating and set a $200.00 price objective (down from $255.00) on shares of AvalonBay Communities in a research report on Monday, August 4th. Truist Financial upgraded AvalonBay Communities from a "hold" rating to a "buy" rating and reduced their price objective for the company from $224.00 to $218.00 in a research report on Thursday, September 11th. Finally, Wall Street Zen lowered AvalonBay Communities from a "hold" rating to a "sell" rating in a research report on Saturday, September 13th. Five analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $218.42.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

AvalonBay Communities Company Profile

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.