Apg Asset Management Us Lowered By $46.10 Million Its Avalonbay Cmntys (AVB) Stake; Peapack Gladstone Financial Has Lifted Cummins (CMI) Holding By $839.39 Million

April 17, 2018 - By Ellis Scott

Cummins Inc. (NYSE:CMI) Logo

Peapack Gladstone Financial Corp increased Cummins Inc (CMI) stake by 41.92% reported in 2017Q4 SEC filing. Peapack Gladstone Financial Corp acquired 4,752 shares as Cummins Inc (CMI)’s stock declined 9.68%. The Peapack Gladstone Financial Corp holds 16,088 shares with $2.84 billion value, up from 11,336 last quarter. Cummins Inc now has $27.43B valuation. The stock increased 2.64% or $4.28 during the last trading session, reaching $166.67. About 1.77M shares traded or 3.65% up from the average. Cummins Inc. (NYSE:CMI) has risen 6.07% since April 17, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Apg Asset Management Us Inc decreased Avalonbay Cmntys Inc (AVB) stake by 6.98% reported in 2017Q4 SEC filing. Apg Asset Management Us Inc sold 259,000 shares as Avalonbay Cmntys Inc (AVB)’s stock declined 9.81%. The Apg Asset Management Us Inc holds 3.45 million shares with $616.01 million value, down from 3.71M last quarter. Avalonbay Cmntys Inc now has $22.94B valuation. The stock decreased 0.32% or $0.53 during the last trading session, reaching $166. About 604,559 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has declined 13.10% since April 17, 2017 and is downtrending. It has underperformed by 24.65% the S&P500.

Apg Asset Management Us Inc increased Jbg Smith Pptys stake by 1.26 million shares to 3.84 million valued at $133.53 million in 2017Q4. It also upped Equity Residential (NYSE:EQR) stake by 61,600 shares and now owns 15.12 million shares. Healthcare Tr Amer Inc (NYSE:HTA) was raised too.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.01, from 1.27 in 2017Q3. It increased, as 31 investors sold AVB shares while 129 reduced holdings. 55 funds opened positions while 150 raised stakes. 127.43 million shares or 0.60% less from 128.20 million shares in 2017Q3 were reported. Public Employees Retirement System Of Ohio accumulated 218,425 shares. Shell Asset Mngmt holds 56,154 shares. Aviva Pcl accumulated 0.08% or 76,525 shares. First Manhattan holds 0% or 1,031 shares in its portfolio. Moreover, Lord Abbett Llc has 0.15% invested in AvalonBay Communities, Inc. (NYSE:AVB) for 304,350 shares. 59,617 were accumulated by Stevens Cap Ltd Partnership. New York-based Guardian Life Insur Of America has invested 0.02% in AvalonBay Communities, Inc. (NYSE:AVB). Aqr Capital Mngmt Ltd Limited Liability Company reported 0.06% in AvalonBay Communities, Inc. (NYSE:AVB). Asset Mgmt One Ltd reported 539,993 shares. Ftb Advsr holds 164 shares. Profund Advsrs Limited Liability Corp holds 6,792 shares. Earnest Lc holds 0% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 73 shares. Delaware-based Tiverton Asset Mgmt Ltd Com has invested 0.01% in AvalonBay Communities, Inc. (NYSE:AVB). Kempen Nv owns 56,636 shares for 0.8% of their portfolio. Tcw Gru Incorporated accumulated 114,038 shares or 0.16% of the stock.

Among 27 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 12 have Buy rating, 1 Sell and 14 Hold. Therefore 44% are positive. Avalonbay Communities Inc. had 87 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 6 by Mizuho. On Wednesday, November 1 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Hold” rating on Monday, July 3 by BMO Capital Markets. As per Friday, September 22, the company rating was maintained by KeyBanc Capital Markets. Robert W. Baird maintained the stock with “Buy” rating in Friday, November 10 report. The company was maintained on Friday, March 2 by Robert W. Baird. The firm has “Buy” rating given on Thursday, August 27 by Zacks. Evercore upgraded AvalonBay Communities, Inc. (NYSE:AVB) on Monday, September 25 to “Outperform” rating. BMO Capital Markets maintained the shares of AVB in report on Wednesday, January 31 with “Hold” rating. Barclays Capital maintained AvalonBay Communities, Inc. (NYSE:AVB) on Thursday, April 14 with “Equal-Weight” rating.

Analysts await AvalonBay Communities, Inc. (NYSE:AVB) to report earnings on April, 25 after the close. They expect $2.19 EPS, up 4.78% or $0.10 from last year’s $2.09 per share. AVB’s profit will be $302.69M for 18.95 P/E if the $2.19 EPS becomes a reality. After $2.25 actual EPS reported by AvalonBay Communities, Inc. for the previous quarter, Wall Street now forecasts -2.67% negative EPS growth.

Since December 11, 2017, it had 0 buys, and 3 sales for $5.26 million activity. On Tuesday, December 12 the insider NAUGHTON TIMOTHY J sold $4.63M. The insider HOREY LEO S III sold 2,000 shares worth $365,500. Breslin Sean J. also sold $273,975 worth of AvalonBay Communities, Inc. (NYSE:AVB) on Monday, December 11.

Investors sentiment increased to 1.27 in Q4 2017. Its up 0.17, from 1.1 in 2017Q3. It is positive, as 47 investors sold CMI shares while 251 reduced holdings. 108 funds opened positions while 271 raised stakes. 131.82 million shares or 0.31% less from 132.23 million shares in 2017Q3 were reported. Fisher Asset Lc has 1,714 shares for 0% of their portfolio. Adirondack Company owns 992 shares or 0.13% of their US portfolio. Martingale Asset Mgmt Lp reported 5,658 shares. 61,324 were accumulated by Arizona State Retirement Systems. Geode Mgmt holds 0.13% of its portfolio in Cummins Inc. (NYSE:CMI) for 2.12M shares. Creative Planning, Kansas-based fund reported 31,539 shares. Captrust Advsr reported 1,667 shares or 0.02% of all its holdings. Fenimore Asset has 0.01% invested in Cummins Inc. (NYSE:CMI). Cetera Ltd Liability stated it has 0.09% in Cummins Inc. (NYSE:CMI). Sun Life invested 0.01% in Cummins Inc. (NYSE:CMI). Moreover, Cap Rech Glob has 0.14% invested in Cummins Inc. (NYSE:CMI). Boston Advsr Ltd Com owns 177,199 shares. Pub Sector Pension Inv Board invested in 92,161 shares. Loring Wolcott And Coolidge Fiduciary Llp Ma reported 1.11% of its portfolio in Cummins Inc. (NYSE:CMI). Trust Department Mb State Bank N A stated it has 0.01% in Cummins Inc. (NYSE:CMI).

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