Mid-America Apartment Communities, Inc. $MAA Holdings Lowered by Capital Investment Advisors LLC

Capital Investment Advisors LLC reduced its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 11.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,511 shares of the real estate investment trust’s stock after selling 691 shares during the period. Capital Investment Advisors LLC’s holdings in Mid-America Apartment Communities were worth $816,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Larson Financial Group LLC lifted its position in Mid-America Apartment Communities by 107.1% in the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 91 shares during the period. Financial Network Wealth Advisors LLC acquired a new stake in shares of Mid-America Apartment Communities in the first quarter valued at $29,000. Sound Income Strategies LLC lifted its holdings in shares of Mid-America Apartment Communities by 972.2% in the second quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 175 shares during the period. AlphaQuest LLC bought a new position in Mid-America Apartment Communities during the first quarter valued at about $34,000. Finally, Ransom Advisory Ltd acquired a new position in Mid-America Apartment Communities during the first quarter worth about $36,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Wall Street Analyst Weigh In

MAA has been the subject of a number of research analyst reports. Evercore ISI upped their price target on shares of Mid-America Apartment Communities from $152.00 to $154.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Mizuho upgraded shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and dropped their target price for the stock from $161.00 to $150.00 in a report on Thursday, August 14th. Piper Sandler cut their target price on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating for the company in a research note on Monday, August 4th. UBS Group decreased their price target on shares of Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating on the stock in a research report on Tuesday, July 15th. Finally, Royal Bank Of Canada dropped their price target on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has an average rating of “Hold” and a consensus target price of $161.78.

Mid-America Apartment Communities Stock Down 1.1%

MAA stock opened at $138.13 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $16.17 billion, a P/E ratio of 28.42, a P/E/G ratio of 3.74 and a beta of 0.78. Mid-America Apartment Communities, Inc. has a 52-week low of $137.32 and a 52-week high of $173.38. The company’s 50 day simple moving average is $142.46 and its 200-day simple moving average is $151.20.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm had revenue of $549.90 million during the quarter, compared to analyst estimates of $552.19 million. During the same quarter last year, the business posted $2.22 EPS. The company’s revenue was up .6% on a year-over-year basis. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. As a group, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a $1.515 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $6.06 annualized dividend and a yield of 4.4%. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 124.69%.

Mid-America Apartment Communities Profile

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.