AvalonBay Communities has been a significant player within the bio-tech market, experiencing various fluctuations. Even though Ferguson Wellman Capital Management Inc. and Clearbridge Investments LLC have reduced their stock position in the company, Swedbank AB, Stableford Capital II LLC, Livforsakringsbolaget Skandia Omsesidigt, BSN CAPITAL PARTNERS Ltd, 1832 Asset Management L.P., and Liberty Mutual Group Asset Management Inc. have all increased theirs. The company has declared Q3 2024 dividends and announced its Q3 2024 earnings release date. While experiencing instances of underperformance in comparison to competitors, Avalonbay has also seen strong trading days and outperformed its rivals. AVB's earnings and revenue have outperformed estimates, prompting an increase in their guidance for Q2 2024. Stock interest is mixed with an average 'Hold' recommendation from brokerages. Potential expansion goals are being pushed forward, with the latest ESG report issued and residential REIT hot streak continued. The company also has ongoing acquisition activities in North Carolina and Texas.
Avalonbay Communities AVB News Analytics from Tue, 17 Nov 2020 08:00:00 GMT to Sat, 19 Oct 2024 16:38:55 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 3
