Fielder Capital Group LLC Grows Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Fielder Capital Group LLC lifted its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 0.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,656 shares of the real estate investment trust’s stock after buying an additional 201 shares during the quarter. Mid-America Apartment Communities makes up 1.3% of Fielder Capital Group LLC’s holdings, making the stock its 20th largest holding. Fielder Capital Group LLC’s holdings in Mid-America Apartment Communities were worth $4,981,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Financial Network Wealth Advisors LLC purchased a new position in shares of Mid-America Apartment Communities during the 1st quarter valued at $29,000. Caitong International Asset Management Co. Ltd bought a new stake in Mid-America Apartment Communities in the 2nd quarter valued at $26,000. Larson Financial Group LLC increased its holdings in Mid-America Apartment Communities by 107.1% in the 1st quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 91 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Mid-America Apartment Communities by 972.2% in the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 175 shares during the last quarter. Finally, AlphaQuest LLC bought a new stake in Mid-America Apartment Communities in the 1st quarter valued at $34,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Mid-America Apartment Communities stock opened at $134.03 on Friday. The stock has a market cap of $15.69 billion, a price-to-earnings ratio of 27.58, a price-to-earnings-growth ratio of 3.60 and a beta of 0.77. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. Mid-America Apartment Communities, Inc. has a 1 year low of $131.17 and a 1 year high of $173.38. The firm has a 50-day moving average of $139.37 and a two-hundred day moving average of $147.96.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $549.90 million during the quarter, compared to analysts’ expectations of $552.19 million. During the same period in the previous year, the company earned $2.22 EPS. The firm’s quarterly 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. On average, research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company 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 dividend of $1.515 per share. This is a boost 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 annualized dividend and a dividend yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 124.69%.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. BNP Paribas downgraded shares of Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a report on Monday, September 29th. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. Scotiabank reduced their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating on the stock in a report on Thursday, August 14th. UBS Group reduced 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 report on Tuesday, July 15th. Finally, Evercore ISI reduced their price target on shares of Mid-America Apartment Communities from $154.00 to $153.00 and set an “in-line” rating on the stock in a report on Monday, October 13th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Mid-America Apartment Communities currently has an average rating of “Hold” and an average target price of $161.78.

View Our Latest Analysis on Mid-America Apartment Communities

About Mid-America Apartment Communities

(Free Report)

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.

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Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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