Duff & Phelps Investment Management Co. increased its stake in AvalonBay Communities, Inc. (NYSE:AVB) by 2.4% in the third quarter, making it their 9th largest holding. Several other institutional investors also adjusted their positions in the real estate investment trust. Analysts currently have a “Hold” rating on AVB with a consensus price target of $199.66.
Duff & Phelps Investment Management Co. Grows Position in AvalonBay Communities, Inc. $AVB
Duff & Phelps Investment Management Co. increased its stake in AvalonBay Communities, Inc. (NYSE:AVB) by 2.4% in the third quarter, making it their 9th largest holding. Several other institutional investors also adjusted their positions in the real estate investment trust. Analysts currently have a “Hold” rating on AVB with a consensus price target of $199.66.