Mid-America Apartment Communities, Inc. $MAA Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC trimmed its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 9.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,371 shares of the real estate investment trust’s stock after selling 243 shares during the period. Fairvoy Private Wealth LLC’s holdings in Mid-America Apartment Communities were worth $351,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MAA. Nuveen LLC acquired a new position in Mid-America Apartment Communities during the first quarter valued at approximately $150,966,000. Deutsche Bank AG lifted 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 worth $284,188,000 after purchasing an additional 469,806 shares in the last quarter. Centersquare Investment Management LLC lifted 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 worth $69,193,000 after purchasing an additional 294,245 shares in the last quarter. Russell Investments Group Ltd. lifted 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 worth $121,734,000 after purchasing an additional 272,030 shares in the last quarter. Finally, APG Asset Management US Inc. lifted 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 worth $514,081,000 after purchasing an additional 271,507 shares in the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Stock Up 0.4%

Shares of NYSE:MAA opened at $136.79 on Friday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. The company has a fifty day simple moving average of $141.85 and a 200 day simple moving average of $150.83. The firm has a market cap of $16.01 billion, a PE ratio of 28.15, a price-to-earnings-growth ratio of 3.64 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 12-month low of $136.07 and a 12-month high of $173.38.

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

Mid-America Apartment Communities Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $1.515 per share. The ex-dividend date is Wednesday, October 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. This represents a $6.06 annualized dividend and a yield of 4.4%. Mid-America Apartment Communities’s payout ratio is presently 124.69%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MAA. Wall Street Zen cut shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research report on Saturday. Piper Sandler reduced their target price on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating on the stock in a research report on Monday, August 4th. UBS Group reduced their target price 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. The Goldman Sachs Group cut shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 target price on the stock. in a research report on Friday, July 11th. Finally, BNP Paribas cut shares of Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a research report on Monday, September 29th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average 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.