Aew Capital Management LP Increases Holding in Avalonbay Communities INC (AVB)

May 24, 2018 - By Maria Brooks

AvalonBay Communities, Inc. (NYSE:AVB) LogoInvestors sentiment increased to 1.28 in Q4 2017. Its up 0.01, from 1.27 in 2017Q3. It increased, as 31 investors sold AVB shares while 129 reduced holdings. 55 funds opened positions while 150 raised stakes. 127.43 million shares or 0.60% less from 128.20 million shares in 2017Q3 were reported. Morgan Stanley, New York-based fund reported 1.53 million shares. American Beacon Advsrs reported 400 shares. Korea has 0.14% invested in AvalonBay Communities, Inc. (NYSE:AVB). Apg Asset Nv holds 0.19% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 712,920 shares. Gemmer Asset Mgmt Limited Liability Corporation reported 393 shares or 0.02% of all its holdings. Qs Invsts Limited reported 11,134 shares or 0.02% of all its holdings. Teachers Ins And Annuity Association Of America stated it has 150,694 shares. Tortoise Invest Mgmt Limited Co reported 50 shares. Kbc Nv holds 52,348 shares. 3,027 were reported by Salem Cap Management Inc. Lourd Cap Limited Liability Corporation, a California-based fund reported 4,555 shares. Da Davidson And has 1,954 shares. Kempen Capital Nv has invested 0.8% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Chevy Chase Tru Holdg has invested 0.09% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Suntrust Banks Inc accumulated 7,785 shares or 0.01% of the stock.

Since December 11, 2017, it had 0 buys, and 3 sales for $5.26 million activity. Another trade for 25,160 shares valued at $4.63 million was made by NAUGHTON TIMOTHY J on Tuesday, December 12. The insider HOREY LEO S III sold $365,500.

Jeffrey Furber increased its stake in Avalonbay Communities Inc (AVB) by 2.26% based on its latest 2017Q4 regulatory filing with the SEC. Aew Capital Management LP bought 27,491 shares as the company’s stock declined 9.81% with the market. The hedge fund run by Jeffrey Furber held 1.24 million shares of the consumer services company at the end of 2017Q4, valued at $221.58M, up from 1.21 million at the end of the previous reported quarter. Aew Capital Management LP who had been investing in Avalonbay Communities Inc for a number of months, seems to be bullish on the $22.32 billion market cap company. The stock increased 1.41% or $2.24 during the last trading session, reaching $161.49. About 1.03 million shares traded or 36.93% up from the average. AvalonBay Communities, Inc. (NYSE:AVB) has declined 13.10% since May 24, 2017 and is downtrending. It has underperformed by 24.65% the S&P500.

Aew Capital Management L P, which manages about $25.93 billion and $3.86B US Long portfolio, decreased its stake in Extended Stay America Inc (NYSE:STAY) by 637,073 shares to 2.88M shares, valued at $54.71M in 2017Q4, according to the filing. It also reduced its holding in Rexford Industrial Realty Inc (NYSE:REXR) by 231,200 shares in the quarter, leaving it with 3.72 million shares, and cut its stake in Host Hotels & Resorts Inc (NYSE:HST).

Another recent and important AvalonBay Communities, Inc. (NYSE:AVB) news was published by Investorplace.com which published an article titled: “7 Great Ways to Move Into Real Estate Investing” on May 18, 2018.

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

Among 15 analysts covering AvalonBay (NYSE:AVB), 7 have Buy rating, 0 Sell and 8 Hold. Therefore 47% are positive. AvalonBay had 23 analyst reports since November 27, 2017 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Thursday, March 1. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, January 30. The rating was upgraded by Zelman on Friday, February 9 to “Hold”. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, January 9. The stock of AvalonBay Communities, Inc. (NYSE:AVB) earned “Neutral” rating by Bank of America on Tuesday, February 13. The stock has “Buy” rating by Stifel Nicolaus on Thursday, January 18. The rating was maintained by BMO Capital Markets on Friday, March 2 with “Hold”. SunTrust maintained AvalonBay Communities, Inc. (NYSE:AVB) rating on Friday, February 2. SunTrust has “Buy” rating and $186.0 target. The stock has “Buy” rating by Robert W. Baird on Friday, March 2. JP Morgan downgraded the stock to “Neutral” rating in Friday, December 15 report.

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

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