BidaskScore Decides to Downgrade AvalonBay Communities (NYSE:AVB). Will Other Analysts Follow?

AvalonBay Communities, Inc. (NYSE:AVB) Logo

Investors sentiment is 1.25 in Q2 2019. Its the same as in 2019Q1. It is flat, as 33 investors sold AvalonBay Communities, Inc. shares while 136 reduced holdings. only 45 funds opened positions while 166 raised stakes. 139.52 million shares or 12.33% more from 124.21 million shares in 2019Q1 were reported.

Cibc Asset Mngmt reported 13,680 shares. Blackrock Inc invested 0.14% in AvalonBay Communities, Inc. (NYSE:AVB). Raymond James & stated it has 0.01% in AvalonBay Communities, Inc. (NYSE:AVB). Pathstone Family Office holds 0.03% in AvalonBay Communities, Inc. (NYSE:AVB) or 1,104 shares. State Of New Jersey Common Pension Fund D reported 124,500 shares or 0.09% of all its holdings. Ontario Teachers Pension Plan Board holds 0.17% or 45,853 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 1.54% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 97,426 shares. Prudential Public Limited Com, a Illinois-based fund reported 6,670 shares. Sandler owns 134,175 shares or 1.82% of their US portfolio. Jane Street Gp has invested 0% in AvalonBay Communities, Inc. (NYSE:AVB). Dimensional Fund Advsr L P accumulated 0.16% or 2.08M shares. Covington Capital accumulated 250 shares. Lasalle Invest Mngmt Secs Ltd Company holds 7.21% or 1.31 million shares. Glenmede Trust Na has 2,231 shares for 0% of their portfolio. Asset One invested 0.38% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB).

AvalonBay Communities (NYSE:AVB) Receives a Downgrade

New York-listed AvalonBay Communities (NYSE:AVB) shares have been downgraded by stock research analysts at BidaskScore. BidaskScore downgraded its rating on the $30.46 billion market capitalized firm to a “Hold”.

AvalonBay Communities, Inc. (NYSE:AVB) Ratings Coverage

Among 6 analysts covering AvalonBay Communities (NYSE:AVB), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. AvalonBay Communities has $22900 highest and $19400 lowest target. $220.57’s average target is 1.14% above currents $218.08 stock price. AvalonBay Communities had 15 analyst reports since April 19, 2019 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, August 6 by Citigroup. The firm has “Outperform” rating given on Tuesday, August 13 by Wells Fargo. The stock of AvalonBay Communities, Inc. (NYSE:AVB) has “Equal-Weight” rating given on Friday, September 6 by Morgan Stanley. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, September 6. JP Morgan maintained AvalonBay Communities, Inc. (NYSE:AVB) on Tuesday, August 13 with “Neutral” rating. The firm has “Buy” rating given on Tuesday, August 27 by SunTrust.

The stock decreased 0.27% or $0.6 during the last trading session, reaching $218.08. About 384,484 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has risen 21.27% since October 13, 2018 and is uptrending. It has outperformed by 21.27% the S&P500.

Analysts await AvalonBay Communities, Inc. (NYSE:AVB) to report earnings on November, 4. They expect $2.35 earnings per share, up 3.07 % or $0.07 from last year’s $2.28 per share. AVB’s profit will be $328.19M for 23.20 P/E if the $2.35 EPS becomes a reality. After $2.27 actual earnings per share reported by AvalonBay Communities, Inc. for the previous quarter, Wall Street now forecasts 3.52 % EPS growth.

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. The company has market cap of $30.46 billion. As of January 31, 2009, the firm owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It has a 33.02 P/E ratio. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities.

More notable recent AvalonBay Communities, Inc. (NYSE:AVB) news were published by: Businesswire.com which released: “PS Business Parks, Inc. Announces Election of Two New Directors – Business Wire” on July 23, 2019, also Fool.com with their article: “The Affordable Housing Crisis and the Opportunity It Presents to Real Estate Investors – Motley Fool” published on September 18, 2019, Benzinga.com published: “Stocks That Hit 52-Week Highs On Friday – Benzinga” on October 04, 2019. More interesting news about AvalonBay Communities, Inc. (NYSE:AVB) were released by: Fool.com and their article: “5 Top Apartment REITs You Can Buy Right Now – The motley Fool” published on August 01, 2019 as well as Fool.com‘s news article titled: “The 10 Biggest Housing Stocks – Motley Fool” with publication date: August 13, 2019.

AvalonBay Communities, Inc. (NYSE:AVB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.