<div id="readability-page-1"><p>M&amp;T Bank Corp lessened its holdings in shares of  AvalonBay Communities, Inc. (NYSE:AVB - Free Report) by 72.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 60,797 shares of the real estate investment trust's stock after selling 162,940 shares during the period. M&amp;T Bank Corp's holdings in AvalonBay Communities were worth $11,024,000 as of its most recent filing with the SEC.</p><div><p><span></span><span>Get <strong>AvalonBay Communities</strong> alerts:</span></p></div><p>A number of other hedge funds also recently modified their holdings of the business. Pictet Asset Management Holding SA lifted its holdings in shares of  AvalonBay Communities by 1.6% during the fourth quarter. Pictet Asset Management Holding SA now owns 72,169 shares of the real estate investment trust's stock worth $13,085,000 after purchasing an additional 1,134 shares during the period.  Teacher Retirement System of Texas lifted its holdings in shares of  AvalonBay Communities by 1,765.8% during the fourth quarter. Teacher Retirement System of Texas now owns 348,068 shares of the real estate investment trust's stock worth $63,108,000 after purchasing an additional 329,413 shares during the period.  HB Wealth Management LLC lifted its holdings in shares of  AvalonBay Communities by 17.9% during the fourth quarter. HB Wealth Management LLC now owns 2,144 shares of the real estate investment trust's stock worth $389,000 after purchasing an additional 326 shares during the period.  KLP Kapitalforvaltning AS lifted its holdings in shares of  AvalonBay Communities by 0.8% during the fourth quarter. KLP Kapitalforvaltning AS now owns 49,179 shares of the real estate investment trust's stock worth $8,990,000 after purchasing an additional 400 shares during the period.  Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of  AvalonBay Communities by 26.5% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 321,555 shares of the real estate investment trust's stock worth $58,849,000 after purchasing an additional 67,457 shares during the period. Institutional investors and hedge funds own  92.61% of the company's stock. </p><h2>AvalonBay Communities Stock Up 1.6%</h2><p>Shares of NYSE AVB opened at $185.33 on Wednesday. The company has a market capitalization of $25.78 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 3.20 and a beta of 0.79. AvalonBay Communities, Inc. has a 52-week low of $160.10 and a 52-week high of $209.86. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.77 and a current ratio of 0.77. The company's 50 day moving average price is $171.67 and its 200-day moving average price is $176.66. </p><p>AvalonBay Communities (NYSE:AVB - Get Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.80 by ($0.47). AvalonBay Communities had a net margin of 37.21% and a return on equity of 9.56%. The business had revenue of $770.28 million during the quarter, compared to analyst estimates of $768.80 million. During the same period last year, the firm posted $2.83 earnings per share. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q2 2026 guidance at 2.720-2.820 EPS.  Equities analysts forecast that  AvalonBay Communities, Inc. will post 11.29 earnings per share for the current year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of equities analysts have recently commented on AVB shares. Cantor Fitzgerald lifted their price target on shares of AvalonBay Communities from $186.00 to $190.00 and gave the stock a &#34;neutral&#34; rating in a report on Monday. Citigroup cut their price target on shares of AvalonBay Communities from $212.00 to $198.00 and set a &#34;neutral&#34; rating on the stock in a report on Friday, February 13th. Wall Street Zen downgraded shares of AvalonBay Communities from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Saturday, February 7th. Morgan Stanley  restated an &#34;equal weight&#34; rating and issued a $203.00 price target (down from $208.00) on shares of AvalonBay Communities in a research report on Thursday, March 26th. Finally, UBS Group dropped their price target on shares of AvalonBay Communities from $192.00 to $191.00 and set a &#34;neutral&#34; rating on the stock in a research report on Thursday, January 8th. Four equities research analysts have rated the stock with a Buy rating and thirteen have issued  a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $197.47.</p><p><b>Get Our Latest Research Report on AVB</b></p><h2>AvalonBay Communities Company Profile</h2> (Free Report)<p>AvalonBay Communities, Inc <span>NYSE: AVB<span></span></span> is a publicly traded real estate investment trust (REIT) that owns, develops, redevelops and manages multifamily residential properties. The company focuses on professionally managed apartment communities, offering a range of rental housing options and related resident services. As a REIT, AvalonBay's core activities center on the acquisition and development of apartment assets and the ongoing operations and leasing of those communities.  </p><p>AvalonBay's operating activities include ground-up development, strategic redevelopment of existing properties, property and asset management, and on-site leasing and resident services.</p><h2>Read More</h2><ul><li>Five stocks we like better than AvalonBay Communities</li></ul><p><strong>Want to see what other hedge funds are holding AVB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AvalonBay Communities, Inc. (NYSE:AVB - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFWQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFWQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AvalonBay Communities Right Now?</h2><p>Before you consider AvalonBay Communities, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AvalonBay Communities wasn't on the list.</p><p>While AvalonBay Communities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>M&T Bank Corp reduced its stake in AvalonBay Communities, Inc. (NYSE:AVB) by 72.8% in Q4, now holding 60,797 shares valued at approximately $11.02 million. Other institutional investors also adjusted their holdings, with significant increases from Teacher Retirement System of Texas and Pictet Asset Management. AvalonBay's stock rose 1.6% to $185.33, with a market cap of $25.78 billion. The company reported Q1 earnings of $2.33 per share, missing estimates, and set FY 2026 guidance at 11.000-11.500 EPS. Analysts have mixed ratings on the stock, with a consensus target price of $197.47.</p>

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M&T Bank Corp Has $11.02 Million Stake in AvalonBay Communities, Inc. $AVB