Siemens Fonds Invest GmbH Acquires 3,813 Shares of AvalonBay Communities, Inc. (NYSE:AVB)

Siemens Fonds Invest GmbH boosted its holdings in AvalonBay Communities, Inc. (NYSE:AVB - Free Report) by 153.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,294 shares of the real estate investment trust's stock after purchasing an additional 3,813 shares during the quarter. Siemens Fonds Invest GmbH's holdings in AvalonBay Communities were worth $1,384,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ancora Advisors LLC increased its holdings in shares of AvalonBay Communities by 1,666.7% in the 4th quarter. Ancora Advisors LLC now owns 159 shares of the real estate investment trust's stock valued at $35,000 after purchasing an additional 150 shares in the last quarter. Whipplewood Advisors LLC acquired a new stake in AvalonBay Communities in the 4th quarter valued at about $36,000. Crowley Wealth Management Inc. acquired a new stake in shares of AvalonBay Communities during the 4th quarter worth about $44,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of AvalonBay Communities during the 4th quarter worth about $53,000. Finally, Continuum Advisory LLC boosted its stake in shares of AvalonBay Communities by 12,200.0% during the 4th quarter. Continuum Advisory LLC now owns 246 shares of the real estate investment trust's stock worth $54,000 after purchasing an additional 244 shares during the last quarter. Hedge funds and other institutional investors own 92.61% of the company's stock.

AvalonBay Communities Stock Up 0.1%

AVB stock traded up $0.28 during trading hours on Monday, hitting $207.05. The company's stock had a trading volume of 545,088 shares, compared to its average volume of 715,257. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $29.48 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 3.11 and a beta of 0.86. AvalonBay Communities, Inc. has a 12 month low of $180.40 and a 12 month high of $239.29. The stock has a 50 day moving average price of $204.07 and a two-hundred day moving average price of $214.84.

AvalonBay Communities (NYSE:AVB - Get Free Report) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $2.83 EPS for the quarter, topping the consensus estimate of $2.80 by $0.03. The company had revenue of $693.43 million during the quarter, compared to the consensus estimate of $744.61 million. AvalonBay Communities had a net margin of 37.13% and a return on equity of 9.15%. During the same period in the previous year, the firm posted $2.70 earnings per share. On average, equities research analysts expect that AvalonBay Communities, Inc. will post 11.48 earnings per share for the current year.

AvalonBay Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend is Monday, June 30th. AvalonBay Communities's payout ratio is 87.17%.

Analyst Ratings Changes

Several equities research analysts have issued reports on AVB shares. Evercore ISI raised their price target on shares of AvalonBay Communities from $230.00 to $240.00 and gave the stock an "in-line" rating in a research note on Monday, February 10th. Morgan Stanley upped their price target on shares of AvalonBay Communities from $226.00 to $228.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 15th. Mizuho cut their price target on shares of AvalonBay Communities from $238.00 to $213.00 and set an "outperform" rating on the stock in a research note on Friday, May 23rd. Wall Street Zen downgraded shares of AvalonBay Communities from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, BMO Capital Markets downgraded shares of AvalonBay Communities from an "outperform" rating to a "market perform" rating and set a $220.00 price target on the stock. in a research note on Friday, April 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $237.86.

AvalonBay Communities 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.