Published: Thu, February 15, 2018
Business | By Tara Barton

BMO Capital Markets Reiterates $178.00 Price Target for AvalonBay Communities (AVB)


Aew Capital Management LP sold 33,300 shares as Avalonbay Communities Inc (AVB)'s stock rose 7.12%. They expect $1.63 earnings per share, down 4.12% or $0.07 from last year's $1.7 per share. AvalonBay Communities has a fifty-two week low of $154.82 and a fifty-two week high of $199.52.

The stock increased 2.15% or $0.37 during the last trading session, reaching $17.58. The stock was sold at an average price of $183.84, for a total value of $4,625,414.40. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since February 15, 2017 and is uptrending. It has underperformed by 20.50% the S&P500.

Matsons Incorporated (NYSE:MATX) had a decrease of 0.77% in short interest. MATX's SI was 1.43 million shares in February as released by FINRA. About 2.02M shares traded. The stock increased 0.75% or $0.26 during the last trading session, reaching $34.87. Westpac Bk holds 293,146 shares or 1.15% of its portfolio. It has underperformed by 21.82% the S&P500.

Investors sentiment increased to 1.27 in Q3 2017. Its down 0.01, from 1.07 in 2017Q2.

AvalonBay Communities, Inc. (NYSE:AVB)'s earnings per share has been growing at a 18.94 percent rate over the past 5 year when average revenue increase was noted as 16.6 percent. 106 funds opened positions while 598 raised stakes. The real estate investment trust reported $2.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.22 by $1.03. 6,350 were reported by Prudential Public Limited Co. Granite Investment Partners Llc, a California-based fund reported 187,372 shares. (NYSE:CTL). Aperio Group Inc Incorporated Ltd Company has 269,253 shares. Amica Retiree Tru holds 0.1% or 742 shares. The Arkansas-based Stephens Ar has invested 0.12% in AvalonBay Communities, Inc. (NYSE:AVB) for 14,754 shares. Retirement System Of Alabama reported 66,992 shares or 0.06% of all its holdings. For the past 5 years, the company's revenue has grown 8.4%, while the company's earnings per share has grown 14.6%. Eii Cap invested in 0.31% or 4,619 shares. Macquarie Gru Ltd stated it has 238,080 shares. AvalonBay Communities, Inc.'s institutional ownership is 97.9%, while its institutional transactions stand at 0.75%. (NYSE:AVB) for 37,493 shares. Quantbot Techs LP invested 0.22% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Boston Limited Liability Corporation has 0.01% invested in AvalonBay Communities, Inc. (NYSE:KRC) by 77,820 shares in the quarter, leaving it with 453,675 shares, and cut its stake in Camden Property Trust (NYSE:CPT). Sandy Spring Natl Bank reported 16 shares. Next holds 0.6% in Merck & Co., Inc. Meag Munich Ergo Kapitalanlagegesellschaft Mbh, a Germany-based fund reported 48,715 shares. During the same period in the prior year, the firm earned $2.12 earnings per share. equities research analysts predict that AvalonBay Communities will post 9 EPS for the current year. (NYSE:AVB), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 95% are positive. Brinker Inc reported 0.02% of its portfolio in AvalonBay Communities, Inc. Robert W. Baird maintained the stock with "Buy" rating in Tuesday, October 3 report. (NYSE:AVB) on Friday, December 15 to "Neutral" rating. The firm earned "Outperform" rating on Friday, February 12 by RBC Capital Markets. The rating was upgraded by Evercore on Monday, November 28 to "Buy". The rating was maintained by Barclays Capital with "Equal-Weight" on Thursday, April 14. The firm has "Buy" rating given on Wednesday, November 1 by Stifel Nicolaus. Royal Bank of Canada decreased their price target on AvalonBay Communities from $206.00 to $200.00 and set an outperform rating on the stock in a research note on Monday, November 6th. (NYSE:AVB) rating on Tuesday, January 9.

(PNW) Holdings Increased by Icon Advisers Inc
Following the transaction, the chairman now directly owns 94,358 shares of the company's stock, valued at $7,474,097.18. Hedge funds and other institutional investors own 84.20% of the company's stock. 759,353 are owned by Agf Inc.

In other AvalonBay Communities news, insider Leo S. Horey III sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 12th. Jefferies maintained AvalonBay Communities, Inc. (NYSE:MRK) for 39,804 shares. Breslin Sean J. sold $273,975 worth of stock. JMP Securities has "Market Perform" rating and $210 target. Therefore 81% are positive. Seaport Global upgraded Matson, Inc. The firm has "Buy" rating by Citigroup given on Friday, January 12. Stifel Nicolaus maintained Matson, Inc. As per Thursday, October 26, the company rating was maintained by Piper Jaffray. The rating was initiated by Seaport Global on Thursday, December 15 with "Neutral". The stock of Matson, Inc. The rating was upgraded by Zelman to "Hold" on Friday, February 9.

Matson, Inc., through its subsidiaries, operates as an ocean cargo carrier. It has a 25.1 P/E ratio. The Ocean Transportation segment offers ocean transportation services to the domestic economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia and in the South Pacific.

Since August 28, 2017, it had 1 insider buy, and 0 sales for $24,135 activity.

Investors sentiment decreased to 1.03 in 2017 Q3. It dropped, as 65 investors sold CenturyLink, Inc. shares while 190 reduced holdings. 127 funds opened positions while 657 raised stakes. (NASDAQ:AMZN). State Bank Of America Corporation De owns 0.53% invested in Amazon.com, Inc. Louisiana State Employees Retirement Sys reported 0.02% in Matson, Inc. The Apg Asset Management Us Inc holds 3.71 million shares with $662.26 million value, down from 3.87 million last quarter. The Illinois-based Citadel Advisors Ltd has invested 0.02% in CenturyLink, Inc. (NYSE:MRK) or 34,084 shares. Gabalex Management Ltd Liability Co owns 150,000 shares. Jefferies Grp Lc has invested 0% in Matson, Inc. (NYSE:MATX). Sei Invs accumulated 545 shares. (NASDAQ:AMZN). Moreover, Bluestein R H & has 3.61% invested in Amazon.com, Inc. New England Private Wealth Advsrs Llc has 0.14% invested in Amazon.com, Inc. Hsbc Pcl stated it has 0.03% of its portfolio in CenturyLink, Inc. Gam Ag has invested 0.3% in Amazon.com, Inc. (NYSE:CTL). Amer National Registered Invest Advisor Inc has invested 0.16% in CenturyLink, Inc.

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