As Avalonbay Cmntys (AVB) Market Valuation Rose, Holder Nuance Investments Decreased Position; As Entercom Communications (ETM) Stock Declined, Nj State Employees Deferred Compensation Plan Has Raised Holding by $350,000

AvalonBay Communities, Inc. (NYSE:AVB) Logo

Nuance Investments Llc decreased its stake in Avalonbay Cmntys Inc (AVB) by 44.52% based on its latest 2018Q3 regulatory filing with the SEC. Nuance Investments Llc sold 25,872 shares as the company’s stock rose 1.71% while stock markets declined. The institutional investor held 32,239 shares of the consumer services company at the end of 2018Q3, valued at $5.83 million, down from 58,111 at the end of the previous reported quarter. Nuance Investments Llc who had been investing in Avalonbay Cmntys Inc for a number of months, seems to be less bullish one the $24.62B market cap company. The stock increased 0.31% or $0.56 during the last trading session, reaching $178.55. About 333,450 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has risen 4.16% since January 11, 2018 and is uptrending. It has outperformed by 4.16% the S&P500. Some Historical AVB News: 26/04/2018 – AVALONBAY EARNINGS CONFERENCE CALL BEGINS; 25/04/2018 – AvalonBay 1Q EPS $1.03; 25/04/2018 – AvalonBay 1Q FFO $2.17/Shr; 25/04/2018 – AvalonBay 1Q Rev $560.8M; 22/04/2018 – DJ AvalonBay Communities Inc, Inst Holders, 1Q 2018 (AVB); 20/03/2018 – AVALONBAY HAVING TO REPURPOSE LOBBIES TO MEET CO-WORK DEMAND; 25/04/2018 – AvalonBay Sees 2Q FFO $2.15/Shr-FFO $2.21/Shr

Nj State Employees Deferred Compensation Plan increased its stake in Entercom Communications Corp (ETM) by 100% based on its latest 2018Q3 regulatory filing with the SEC. Nj State Employees Deferred Compensation Plan bought 50,000 shares as the company’s stock declined 13.15% with the market. The institutional investor held 100,000 shares of the broadcasting company at the end of 2018Q3, valued at $790,000, up from 50,000 at the end of the previous reported quarter. Nj State Employees Deferred Compensation Plan who had been investing in Entercom Communications Corp for a number of months, seems to be bullish on the $1.01 billion market cap company. The stock increased 0.28% or $0.02 during the last trading session, reaching $7.09. About 1.43 million shares traded or 9.86% up from the average. Entercom Communications Corp. (NYSE:ETM) has declined 42.23% since January 11, 2018 and is downtrending. It has underperformed by 42.23% the S&P500. Some Historical ETM News: 08/05/2018 – Entercom 1Q Rev $300.6M; 16/05/2018 – Entercom Comms Presenting at Gamco Conference Jun 7; 03/05/2018 – UNITED STATES TRAFFIC NETWORK – FURTHER TERMS OF TRANSACTION WERE NOT DISCLOSED; 15/05/2018 – Aristeia Capital LLC Exits Position in Entercom Comms; 24/04/2018 – Tribune/Sinclair divestitures near conclusion; 26/04/2018 – ENTERCOM COMMUNICATIONS CORP ETM.N -NBC 5 DALLAS-FORT WORTH, TELEMUNDO 39 AND ENTERCOM ANNOUNCE MULTI-YEAR MEDIA PARTNERSHIP; 23/04/2018 – DJ Entercom Communications Corp Class, Inst Holders, 1Q 2018 (ETM); 26/04/2018 – NBC 5 Dallas-Fort Worth, Telemundo 39 And Entercom Announce Multi-Year Media Partnership; 08/05/2018 – Entercom 1Q Adj EPS 0c; 03/05/2018 – UNITED STATES TRAFFIC NETWORK – NEW DEAL INCLUDES EQUITY POSITION FOR ENTERCOM IN USTN

Investors sentiment decreased to 1.06 in Q3 2018. Its down 0.14, from 1.2 in 2018Q2. It dived, as 13 investors sold ETM shares while 49 reduced holdings. 26 funds opened positions while 40 raised stakes. 117.35 million shares or 1.12% more from 116.05 million shares in 2018Q2 were reported. State Of New Jersey Common Pension Fund D holds 0.02% in Entercom Communications Corp. (NYSE:ETM) or 586,038 shares. Rbf Capital Ltd Company has 0.01% invested in Entercom Communications Corp. (NYSE:ETM) for 10,000 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 6,185 shares. Ameritas Investment Partners Incorporated reported 10,833 shares or 0% of all its holdings. Fifth Third National Bank & Trust reported 0% stake. Private Advisor Gru Limited Company reported 0% of its portfolio in Entercom Communications Corp. (NYSE:ETM). Financial Bank Of Mellon invested in 0% or 1.36M shares. D E Shaw Co owns 1.08 million shares. Phocas holds 0.35% or 502,361 shares. Ws Management Lllp invested in 497,310 shares. Bridgeway Mngmt has 0.03% invested in Entercom Communications Corp. (NYSE:ETM). Amer Fincl has invested 0.99% in Entercom Communications Corp. (NYSE:ETM). New York State Common Retirement Fund holds 0% or 167,744 shares in its portfolio. Credit Suisse Ag accumulated 0% or 38,714 shares. Wilen Inv invested in 0.29% or 56,148 shares.

Nj State Employees Deferred Compensation Plan, which manages about $586.87M US Long portfolio, decreased its stake in Range Res Corp (NYSE:RRC) by 20,000 shares to 40,000 shares, valued at $680,000 in 2018Q3, according to the filing. It also reduced its holding in Hancock Whitney Corporation (NASDAQ:HBHC) by 7,000 shares in the quarter, leaving it with 12,000 shares, and cut its stake in Freshpet Inc (NASDAQ:FRPT).

Since November 7, 2018, it had 8 insider buys, and 0 sales for $9.41 million activity.

Among 4 analysts covering Entercom Communications (NYSE:ETM), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Entercom Communications had 7 analyst reports since August 18, 2015 according to SRatingsIntel. The company was maintained on Monday, November 27 by Noble Financial. On Monday, July 31 the stock rating was maintained by Noble Financial with “Buy”. As per Friday, December 11, the company rating was initiated by Stephens. The rating was maintained by Noble Financial on Monday, July 24 with “Buy”. On Tuesday, August 18 the stock rating was upgraded by Wells Fargo to “Outperform”.

Nuance Investments Llc, which manages about $507.52M and $1.67 billion US Long portfolio, upped its stake in Clorox Co Del (NYSE:CLX) by 4,050 shares to 42,291 shares, valued at $6.36 million in 2018Q3, according to the filing. It also increased its holding in Equity Comwlth (NYSE:EQC) by 260,587 shares in the quarter, for a total of 2.48 million shares, and has risen its stake in Lindsay Corp (NYSE:LNN).

More notable recent AvalonBay Communities, Inc. (NYSE:AVB) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Apple, Arconic, Chipotle, GrubHub, Halliburton, Humana, Yelp and Many More – 24/7 Wall St.” on December 20, 2018, also Seekingalpha.com with their article: “Seeking Alpha In AvalonBay – Seeking Alpha” published on March 26, 2018, Zacks.com published: “AvalonBay Sheds Stake in Manhattan Apartments Communities – Zacks.com” on December 20, 2018. More interesting news about AvalonBay Communities, Inc. (NYSE:AVB) were released by: Seekingalpha.com and their article: “3.62% Yield REIT, Great For B&H, Consistent Dividend Growth – Seeking Alpha” published on March 01, 2018 as well as Businesswire.com‘s news article titled: “AvalonBay Communities Issues Latest Corporate Responsibility Report – Business Wire” with publication date: July 09, 2018.

Among 28 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 15 Hold. Therefore 43% are positive. Avalonbay Communities Inc. had 100 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by JMP Securities on Friday, January 8 with “Market Perform”. RBC Capital Markets maintained AvalonBay Communities, Inc. (NYSE:AVB) on Friday, October 20 with “Buy” rating. On Thursday, April 14 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Robert W. Baird upgraded the stock to “Outperform” rating in Friday, December 11 report. Stifel Nicolaus maintained it with “Buy” rating and $18000 target in Monday, April 30 report. The stock of AvalonBay Communities, Inc. (NYSE:AVB) earned “Buy” rating by Suntrust Robinson on Friday, October 16. Sandler O’Neill upgraded the stock to “Buy” rating in Tuesday, September 6 report. The firm has “Neutral” rating given on Friday, December 15 by JP Morgan. The firm earned “Buy” rating on Thursday, August 25 by BTIG Research. The stock has “Hold” rating by Zelman on Friday, February 9.

Analysts await AvalonBay Communities, Inc. (NYSE:AVB) to report earnings on February, 4 after the close. They expect $2.32 EPS, up 3.11% or $0.07 from last year’s $2.25 per share. AVB’s profit will be $319.84 million for 19.24 P/E if the $2.32 EPS becomes a reality. After $2.28 actual EPS reported by AvalonBay Communities, Inc. for the previous quarter, Wall Street now forecasts 1.75% EPS growth.

Since August 24, 2018, it had 0 buys, and 9 selling transactions for $8.27 million activity. Another trade for 1,880 shares valued at $347,983 was made by Shea Keri A on Monday, November 19. On Friday, November 16 SCHULMAN EDWARD M sold $257,264 worth of AvalonBay Communities, Inc. (NYSE:AVB) or 1,400 shares. HOREY LEO S III sold $373,760 worth of AvalonBay Communities, Inc. (NYSE:AVB) on Monday, November 19. Breslin Sean J. also sold $636,444 worth of AvalonBay Communities, Inc. (NYSE:AVB) on Monday, December 3. The insider McLaughlin William M sold 23,302 shares worth $4.35M. 2,905 shares valued at $540,010 were sold by Wilson Stephen W on Monday, November 26.

Investors sentiment decreased to 0.99 in Q3 2018. Its down 0.25, from 1.24 in 2018Q2. It worsened, as 27 investors sold AVB shares while 153 reduced holdings. 50 funds opened positions while 129 raised stakes. 122.18 million shares or 1.58% less from 124.15 million shares in 2018Q2 were reported. Invesco Ltd invested in 0.18% or 3.23M shares. Thrivent Financial For Lutherans owns 0.05% invested in AvalonBay Communities, Inc. (NYSE:AVB) for 94,461 shares. Louisiana State Employees Retirement Systems invested in 8,100 shares or 0.06% of the stock. Capital Guardian Trust has invested 0% in AvalonBay Communities, Inc. (NYSE:AVB). Gotham Asset Mgmt Ltd Llc owns 2,848 shares. Aew Cap Lp holds 1.20M shares. Great West Life Assurance Co Can reported 0.1% stake. Oregon Pub Employees Retirement Fund holds 15,099 shares. Hgk Asset Mgmt Inc has invested 1.84% in AvalonBay Communities, Inc. (NYSE:AVB). Acadian Asset Management Lc, a Massachusetts-based fund reported 311 shares. Adage Prtnrs Gp Ltd Liability Corporation, a Massachusetts-based fund reported 177,882 shares. Bingham Osborn & Scarborough Ltd reported 1,836 shares or 0.03% of all its holdings. Conning invested in 3,955 shares or 0.02% of the stock. Signaturefd Limited Liability Com holds 0% or 259 shares. Next Fincl Grp Incorporated has 100 shares for 0.01% of their portfolio.

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