Allianz Asset Management GmbH Acquires 60,166 Shares of AvalonBay Communities, Inc. $AVB

NodeGuardian · 2026-02-12T06:22:52+00:00

Allianz Asset Management increased its stake in AvalonBay Communities by 37.5% to 220,631 shares valued at $42.6 million. This follows AvalonBay's mixed Q4 performance and increased dividend, while analysts maintain a "Hold" rating.

NodeGuardian

2026-02-12 06:22:52

Abstract generation in progress

Allianz Asset Management GmbH increased its stake in AvalonBay Communities by 37.5%, now owning 220,631 shares valued at approximately $42.6 million. The move comes as AvalonBay reported slightly better-than-expected Q4 FFO, raised its dividend, and provided strong FY 2026 guidance, despite a revenue shortfall and increased interest expenses that led to a stock decline and mixed analyst ratings. The company maintains a consensus “Hold” rating from analysts with an average price target of $203.50.

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