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) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole was unchanged today. By the end of trading, AvalonBay Communities fell $1.33 (-1.1%) to $124.45 on light volume. Throughout the day, 457,162 shares of AvalonBay Communities exchanged hands as compared to its average daily volume of 758,800 shares. The stock ranged in price between $123.87-$125.84 after having opened the day at $125.73 as compared to the previous trading day's close of $125.78. Other companies within the Financial sector that declined today were:
), down 7.4%,
), down 7.0%,
), down 6.9% and
), down 6.3%.
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AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. AvalonBay Communities has a market cap of $16.4 billion and is part of the real estate industry. Shares are down 7.2% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate AvalonBay Communities a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full AvalonBay Communities Ratings Report.
On the positive front,
), up 14.3%,
), up 11.8%,
), up 7.5% and
), up 6.6% , were all gainers within the financial sector with
) being today's featured financial sector leader.
- Use our financial section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.