175 Shares in Mid-America Apartment Communities, Inc. $MAA Purchased by Caitong International Asset Management Co. Ltd

Caitong International Asset Management Co. Ltd purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 175 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Nuveen LLC purchased a new position in shares of Mid-America Apartment Communities during the first quarter valued at approximately $150,966,000. Deutsche Bank AG boosted its position in shares of Mid-America Apartment Communities by 38.3% during the first quarter. Deutsche Bank AG now owns 1,695,832 shares of the real estate investment trust’s stock valued at $284,188,000 after buying an additional 469,806 shares during the period. Centersquare Investment Management LLC boosted its position in shares of Mid-America Apartment Communities by 248.0% during the first quarter. Centersquare Investment Management LLC now owns 412,895 shares of the real estate investment trust’s stock valued at $69,193,000 after buying an additional 294,245 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Mid-America Apartment Communities by 59.7% during the first quarter. Russell Investments Group Ltd. now owns 727,670 shares of the real estate investment trust’s stock valued at $121,734,000 after buying an additional 272,030 shares during the period. Finally, APG Asset Management US Inc. boosted its position in shares of Mid-America Apartment Communities by 9.7% during the first quarter. APG Asset Management US Inc. now owns 3,069,507 shares of the real estate investment trust’s stock valued at $514,081,000 after buying an additional 271,507 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Barclays dropped their target price on Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 30th. Weiss Ratings restated a “hold (c)” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, October 8th. BNP Paribas Exane lowered Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research report on Monday, September 29th. The Goldman Sachs Group downgraded shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 price target for the company. in a research note on Friday, July 11th. Finally, Royal Bank Of Canada decreased their price target on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $161.78.

Mid-America Apartment Communities Stock Performance

Shares of NYSE:MAA opened at $133.18 on Tuesday. The company has a market capitalization of $15.59 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 3.58 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 52 week low of $131.17 and a 52 week high of $173.38. 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 firm has a 50 day moving average of $139.23 and a 200 day moving average of $147.70.

Mid-America Apartment Communities (NYSE:MAA) last issued 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. 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 net margin of 25.98% and a return on equity of 9.35%. Mid-America Apartment Communities’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.22 earnings per share. 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. On average, 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 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. This represents a $6.06 dividend on an annualized basis and a yield of 4.6%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Wednesday, October 15th. Mid-America Apartment Communities’s payout ratio is presently 124.69%.

Mid-America Apartment Communities Company 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.