American Century Companies Inc. boosted its stake in AvalonBay Communities, Inc. () by 1,149.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

Source: https://www.americanbankingnews.com/2023/08/27/american-century-companies-inc-buys-301016-shares-of-avalonbay-communities-inc-nyseavb.html

AvalonBay Communities stock opened at $179.01 on Friday.

Source: https://www.etfdailynews.com/2023/08/18/insider-selling-avalonbay-communities-inc-nyseavb-evp-sells-620398-75-in-stock/

AvalonBay does have about $600M in variable-rate debt; at 7% of their total this is noticeably less than what some REITs carry.

Source: https://seekingalpha.com/article/4584837-avalonbay-good-time-to-turn-its-financials-inside-out?source=feed_all_articles

AvalonBay is one of the premier residential REITs out there.

Source: https://seekingalpha.com/article/4606347-avalonbay-another-apartment-reit-upside?source=feed_all_articles

Barclays upped their price target on shares of AvalonBay Communities from $186.00 to $195.00 in a research report on Wednesday, May 31st.

Source: https://www.etfdailynews.com/2023/07/29/cwm-llc-grows-stake-in-avalonbay-communities-inc-nyseavb/

Based on data from MarketBeat, AvalonBay Communities presently has an average rating of “Hold” and an average target price of $203.

Source: https://www.americanbankingnews.com/2023/05/16/avalonbay-communities-inc-nyseavb-shares-sold-by-impax-asset-management-group-plc.html

Colliers Securities upgraded shares of AvalonBay Communities from a “neutral” rating to a “buy” rating and set a $202.00 price objective for the company in a report on Thursday, September 14th.

Source: https://www.dailypolitical.com/2023/09/30/164-shares-in-avalonbay-communities-inc-nyseavb-purchased-by-fiduciary-alliance-llc.html

Echo Street Capital Management LLC purchased a new stake in AvalonBay Communities during the 2nd quarter worth about $55,342,000.

Source: https://www.americanbankingnews.com/2023/01/13/comerica-bank-reduces-stock-holdings-in-avalonbay-communities-inc-nyseavb.html

Echo Street Capital Management LLC raised its holdings in shares of AvalonBay Communities by 135.7% during the 3rd quarter.

Source: https://www.etfdailynews.com/2023/05/07/oppenheimer-asset-management-inc-grows-position-in-avalonbay-communities-inc-nyseavb/

Evercore ISI cut their price objective on AvalonBay Communities to $205.00 in a research note on Thursday, October 13th.

Source: https://www.americanbankingnews.com/2023/01/08/avalonbay-communities-inc-nyseavb-stock-position-decreased-by-veriti-management-llc.html

Finally, Focused Wealth Management Inc acquired a new stake in shares of AvalonBay Communities in the first quarter valued at approximately $50,000.

Source: https://www.dailypolitical.com/2023/09/30/164-shares-in-avalonbay-communities-inc-nyseavb-purchased-by-fiduciary-alliance-llc.html

Finally, Machina Capital S.A.S. acquired a new stake in AvalonBay Communities in the first quarter worth about $50,000.

Source: https://www.etfdailynews.com/2023/07/19/avalonbay-communities-inc-nyseavb-shares-acquired-by-parallel-advisors-llc/

Focused Wealth Management Inc acquired a new position in AvalonBay Communities in the 1st quarter worth about $50,000.

Source: https://www.etfdailynews.com/2023/07/09/avalonbay-communities-inc-nyseavb-shares-bought-by-fifth-third-bancorp/

Illinois Municipal Retirement Fund lifted its holdings in shares of AvalonBay Communities by 62.9% in the first quarter.

Source: https://www.etfdailynews.com/2023/08/10/avalonbay-communities-inc-nyseavb-stake-raised-by-assetmark-inc/

Impax Asset Management Group plc decreased its position in AvalonBay Communities, Inc. () by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

Source: https://www.americanbankingnews.com/2023/05/16/avalonbay-communities-inc-nyseavb-shares-sold-by-impax-asset-management-group-plc.html

Legal & General Group Plc lifted its stake in AvalonBay Communities by 6.4% during the second quarter.

Source: https://www.etfdailynews.com/2023/04/06/avalonbay-communities-inc-nyseavb-position-boosted-by-louisiana-state-employees-retirement-system/

Massmutual Trust Co. FSB ADV raised its position in AvalonBay Communities by 290.0% in the first quarter.

Source: https://www.americanbankingnews.com/2023/07/23/avalonbay-communities-inc-nyseavb-shares-acquired-by-texas-permanent-school-fund-corp.html

Meanwhile, residential REITs such as AvalonBay Communities () or Camden Property Trust () trade at implied cap rates of 6.5-7.

Source: https://seekingalpha.com/article/4657881-why-i-quit-private-equity-real-estate-to-buy-reits-instead?source=feed_all_articles

Mizuho upped their price objective on shares of AvalonBay Communities from $188.00 to $190.00 in a report on Friday, May 19th.

Source: https://www.etfdailynews.com/2023/07/11/assenagon-asset-management-s-a-lowers-position-in-avalonbay-communities-inc-nyseavb/

Morgan Stanley boosted their target price on shares of AvalonBay Communities from $187.00 to $190.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 1st.

Source: https://www.etfdailynews.com/2023/04/04/avalonbay-communities-inc-nyseavb-shares-acquired-by-xponance-inc/