Callan Family Office LLC Purchases New Holdings in Mid-America Apartment Communities, Inc. $MAA

Callan Family Office LLC acquired a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, Holdings Channel reports. The firm acquired 1,702 shares of the real estate investment trust’s stock, valued at approximately $252,000.

A number of other institutional investors also recently made changes to their positions in MAA. Principal Financial Group Inc. grew its position in shares of Mid-America Apartment Communities by 1.5% in the 1st quarter. Principal Financial Group Inc. now owns 192,228 shares of the real estate investment trust’s stock worth $32,214,000 after acquiring an additional 2,800 shares in the last quarter. Aurora Investment Counsel bought a new position in Mid-America Apartment Communities during the first quarter worth $1,929,000. Summit Trail Advisors LLC boosted its holdings in Mid-America Apartment Communities by 106.9% in the first quarter. Summit Trail Advisors LLC now owns 4,401 shares of the real estate investment trust’s stock worth $738,000 after purchasing an additional 2,274 shares during the period. Stratos Wealth Partners LTD. increased its stake in Mid-America Apartment Communities by 92.0% during the first quarter. Stratos Wealth Partners LTD. now owns 28,134 shares of the real estate investment trust’s stock valued at $4,715,000 after purchasing an additional 13,482 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Mid-America Apartment Communities by 1.6% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 362,264 shares of the real estate investment trust’s stock valued at $60,708,000 after purchasing an additional 5,650 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Price Performance

NYSE:MAA opened at $131.42 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average price is $140.09 and its 200 day moving average price is $149.00. Mid-America Apartment Communities, Inc. has a 52-week low of $131.17 and a 52-week high of $173.38. The firm has a market cap of $15.39 billion, a P/E ratio of 27.04, a PEG ratio of 3.53 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. The company had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.22 EPS. 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, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a $1.515 dividend. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. The ex-dividend date is Wednesday, October 15th. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is 124.69%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MAA. Piper Sandler decreased their price target on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating for the company in a report on Monday, August 4th. UBS Group decreased their target price on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating for the company in a research note on Tuesday, July 15th. Wall Street Zen cut Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research report on Saturday, October 4th. Morgan Stanley reduced their price objective on Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Finally, BNP Paribas Exane downgraded Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research note on Monday, September 29th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $161.78.

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.