$2.25 EPS Expected for AvalonBay Communities, Inc. (AVB)

January 22, 2018 - By Nellie Frank

 $2.25 EPS Expected for AvalonBay Communities, Inc. (AVB)
Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.41, from 0.86 in 2017Q2. It is positive, as 27 investors sold AvalonBay Communities, Inc. shares while 128 reduced holdings. 58 funds opened positions while 139 raised stakes. 128.20 million shares or 3.63% less from 133.03 million shares in 2017Q2 were reported.
Lazard Asset Mngmt Ltd Company invested 0.01% in AvalonBay Communities, Inc. (NYSE:AVB). Quantres Asset Limited holds 0.65% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 5,700 shares. Fiduciary Tru holds 3,677 shares. Gemmer Asset Ltd reported 387 shares. Sector Pension Investment Board has invested 0.04% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). The Florida-based Texas Yale Cap has invested 0.05% in AvalonBay Communities, Inc. (NYSE:AVB). 89,335 are held by D E Shaw Communications. Qs Ltd, a New York-based fund reported 11,789 shares. Boston Limited accumulated 1,700 shares or 0.01% of the stock. Beck Mack & Oliver Limited Liability Corporation holds 0.01% or 1,237 shares in its portfolio. Trillium Asset Ltd Com reported 69,768 shares. First Advsr L P has invested 0.08% in AvalonBay Communities, Inc. (NYSE:AVB). British Columbia Mgmt has invested 0.07% in AvalonBay Communities, Inc. (NYSE:AVB). Commonwealth Equity Services Incorporated accumulated 3,373 shares. Salem Capital Inc reported 3,027 shares stake.

Since December 11, 2017, it had 0 buys, and 3 insider sales for $5.26 million activity. Shares for $365,500 were sold by HOREY LEO S III. 25,160 shares were sold by NAUGHTON TIMOTHY J, worth $4.63M.

Analysts expect AvalonBay Communities, Inc. (NYSE:AVB) to report $2.25 EPS on February, 7.They anticipate $0.13 EPS change or 6.13 % from last quarter’s $2.12 EPS. AVB’s profit would be $310.72 million giving it 18.74 P/E if the $2.25 EPS is correct. After having $2.19 EPS previously, AvalonBay Communities, Inc.’s analysts see 2.74 % EPS growth. The stock increased 0.54% or $0.91 during the last trading session, reaching $168.7. About 722,414 shares traded or 26.69% up from the average. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since January 22, 2017 and is uptrending. It has underperformed by 10.04% the S&P500.

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

Among 25 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 12 Hold. Therefore 48% are positive. Avalonbay Communities Inc. had 71 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, July 15, the company rating was downgraded by KeyBanc Capital Markets. As per Monday, October 30, the company rating was maintained by Cantor Fitzgerald. Stifel Nicolaus maintained AvalonBay Communities, Inc. (NYSE:AVB) rating on Thursday, January 18. Stifel Nicolaus has “Buy” rating and $185.0 target. As per Monday, November 6, the company rating was maintained by Mizuho. The rating was maintained by KeyBanc Capital Markets on Monday, October 23 with “Hold”. The stock of AvalonBay Communities, Inc. (NYSE:AVB) has “Outperform” rating given on Thursday, August 20 by Credit Suisse. The stock has “Buy” rating by Stifel Nicolaus on Wednesday, November 1. Evercore downgraded the stock to “Hold” rating in Friday, July 15 report. BTIG Research initiated AvalonBay Communities, Inc. (NYSE:AVB) rating on Thursday, August 25. BTIG Research has “Buy” rating and $208 target. Robert W. Baird maintained the stock with “Buy” rating in Thursday, August 31 report.

As of September 30, 2017, the Company owned or held a direct or indirect ownership interest in 286 apartment communities containing 82,964 apartment homes in 11 states and the District of Columbia, of which 23 communities were under development and ten communities were under redevelopment. The company has market cap of $23.30 billion. The Firm is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States. It has a 26.38 P/E ratio.

More notable recent AvalonBay Communities, Inc. (NYSE:AVB) news were published by: Businesswire.com which released: “AvalonBay Communities Announces Fourth Quarter 2017 Earnings Release Date” on January 09, 2018, also Nasdaq.com with their article: “AvalonBay Communities, Inc. (AVB) Ex-Dividend Date Scheduled for December 28, 2017” published on December 27, 2017, Prnewswire.com published: “What’s Happening With These REIT Stocks? — Education Realty Trust, AvalonBay …” on January 04, 2018. More interesting news about AvalonBay Communities, Inc. (NYSE:AVB) were released by: Businesswire.com and their article: “AvalonBay Communities Again Ranked #1 Public Multifamily REIT for Online …” published on December 04, 2017 as well as Seekingalpha.com‘s news article titled: “Manhattan apartment rents down the most since 2014” with publication date: January 11, 2018.

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