Commerzbank Aktiengesellschaft FI Grows Holdings in Mid-America Apartment Communities, Inc. $MAA

Commerzbank Aktiengesellschaft FI boosted its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 54.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,510 shares of the real estate investment trust’s stock after purchasing an additional 1,954 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Mid-America Apartment Communities were worth $816,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of equities analysts have commented on MAA shares. Mizuho upgraded shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and cut their price objective for the stock from $161.00 to $150.00 in a research report on Thursday, August 14th. KeyCorp cut their price objective on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Morgan Stanley cut their price objective on shares of 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. Piper Sandler cut their price objective on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating for the company in a research report on Monday, August 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mid-America Apartment Communities in a research note on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $161.78.

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $134.63 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. Mid-America Apartment Communities, Inc. has a fifty-two week low of $133.28 and a fifty-two week high of $173.38. The stock has a market cap of $15.76 billion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 3.61 and a beta of 0.77. The firm’s fifty day simple moving average is $140.75 and its 200-day simple moving average is $149.90.

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, beating analysts’ consensus estimates of $2.14 by $0.01. The firm had revenue of $549.90 million for the quarter, compared to analysts’ expectations of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company 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. Analysts expect 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 declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a $1.515 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. This represents a $6.06 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, October 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 124.69%.

About Mid-America Apartment Communities

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.