US Bancorp DE and
HSBC Holdings PLC have adjusted their stake in
AvalonBay Communities Inc (AVB), with US Bancorp DE cutting stakes and HSBC purchasing shares.
AvalonBay's Q1 FFO and revenue have exceeded expectations, contributing to a positive performance in the stock market. Analysts updated
AvalonBay's price target multiple times, with the latest target set at $213.00.
Franklin Resources Inc. has significant stock holdings in AvalonBay, and its shares marked a
15.4% increase YTD.
AvalonBay Communities Inc announces the nomination of
Glyn F. Aeppel to its Board of Directors while CFO Kevin O'Shea sold part of his shares. AvalonBay reported mixed 2023 financial results, an increase in its dividend, and surpassed analyst expectations in its Q1 2024 earnings. However, several financial institutions, including
Wells Fargo & Company MN and
PNC Financial Services Group Inc, have reduced their stock holdings in AvalonBay.
Teacher Retirement System of Texas also reduced their stock position.
Avalonbay Communities AVB News Analytics from Fri, 19 Aug 2022 07:00:00 GMT to Thu, 30 May 2024 10:50:28 GMT -
Rating 8
- Innovation -3
- Information 5
- Rumor -6
