Lasalle Investment Management Securities LLC Has Lifted Position in Avalonbay Communities INC (AVB)

September 30, 2018 - By Matthew Richard

AvalonBay Communities, Inc. (NYSE:AVB) LogoInvestors sentiment increased to 1.24 in Q2 2018. Its up 0.38, from 0.86 in 2018Q1. It is positive, as 28 investors sold AVB shares while 141 reduced holdings. 60 funds opened positions while 150 raised stakes. 124.15 million shares or 0.07% more from 124.06 million shares in 2018Q1 were reported. Shanda Asset Mgmt Holdings Limited holds 0.17% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 6,256 shares. Ing Groep Nv reported 0.05% stake. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 92,165 shares stake. Dupont Mgmt Corp owns 0.11% invested in AvalonBay Communities, Inc. (NYSE:AVB) for 28,223 shares. 537,845 were reported by Omers Administration Corp. Jfs Wealth Advsr Llc, Pennsylvania-based fund reported 95 shares. Citadel Ltd invested 0.08% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Employees Retirement Sys Of Texas has 50,400 shares. 28,500 are held by Ubs Oconnor Ltd Liability Co. Kbc Group Inc Nv stated it has 0.08% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB). Nelson Roberts Advsrs Ltd Liability Corporation has 409 shares for 0.02% of their portfolio. Honeywell Inc has invested 0.47% in AvalonBay Communities, Inc. (NYSE:AVB). Washington Trust Bancorporation reported 0% stake. Profund Advisors Limited Liability Company has 5,110 shares. Edge Wealth Ltd Liability Corp has invested 0.02% in AvalonBay Communities, Inc. (NYSE:AVB).

Since August 24, 2018, it had 0 insider buys, and 1 sale for $1.31 million activity.

Lasalle Investment Management Securities Llc increased its stake in Avalonbay Communities Inc (AVB) by 1.42% based on its latest 2018Q2 regulatory filing with the SEC. Lasalle Investment Management Securities Llc bought 27,206 shares as the company’s stock rose 10.30% with the market. The institutional investor held 1.95 million shares of the consumer services company at the end of 2018Q2, valued at $334.35M, up from 1.92M at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in Avalonbay Communities Inc for a number of months, seems to be bullish on the $25.04B market cap company. The stock increased 1.92% or $3.42 during the last trading session, reaching $181.15. About 873,967 shares traded or 60.96% up from the average. AvalonBay Communities, Inc. (NYSE:AVB) has declined 0.49% since September 30, 2017 and is downtrending. It has underperformed by 16.11% the S&P500.

Lasalle Investment Management Securities Llc, which manages about $4.86 billion US Long portfolio, decreased its stake in Brixmor Property Group Inc (NYSE:BRX) by 1.36 million shares to 5.78M shares, valued at $100.72M in 2018Q2, according to the filing. It also reduced its holding in Paramount Group Inc by 5.22M shares in the quarter, leaving it with 77,559 shares, and cut its stake in Vereit Inc.

More news for AvalonBay Communities, Inc. (NYSE:AVB) were recently published by: Seekingalpha.com, which released: “AvalonBay Communities goes ex-dividend tomorrow” on September 26, 2018. Seekingalpha.com‘s article titled: “Put AvalonBay Communities On Your Watch List” and published on September 19, 2018 is yet another important article.

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

Among 8 analysts covering AvalonBay Communities (NYSE:AVB), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. AvalonBay Communities had 9 analyst reports since April 6, 2018 according to SRatingsIntel. Stifel Nicolaus maintained AvalonBay Communities, Inc. (NYSE:AVB) rating on Monday, April 30. Stifel Nicolaus has “Buy” rating and $18000 target. The firm has “Neutral” rating given on Thursday, May 31 by BTIG Research. The rating was maintained by Deutsche Bank on Wednesday, September 5 with “Hold”. The stock of AvalonBay Communities, Inc. (NYSE:AVB) earned “Hold” rating by Jefferies on Friday, April 13. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, June 14. The stock of AvalonBay Communities, Inc. (NYSE:AVB) has “Buy” rating given on Thursday, August 2 by Stifel Nicolaus. The company was maintained on Friday, June 8 by Bank of America. Citigroup upgraded the shares of AVB in report on Friday, April 6 to “Buy” rating. Robert W. Baird downgraded the shares of AVB in report on Wednesday, August 15 to “Neutral” rating.

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

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