1832 Asset Management L.P. Decreases Stock Position in Mid-America Apartment Communities, Inc. $MAA

Key Points

• 1832 Asset Management L.P. sold 35,795 shares of Mid-America Apartment Communities, Inc., reducing its ownership by 3.6%, leaving it with 949,656 shares valued at approximately $159.1 million.
• Mid-America Apartment Communities reported $2.15 EPS for its latest quarter, exceeding expectations, and has set an earnings guidance for Q3 2025 between 2.080-2.240 EPS.
• Multiple analysts have adjusted their price targets for the stock, with most setting a consensus target price of $163.21 and a general rating of "Hold."

1832 Asset Management L.P. trimmed its position in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 3.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 949,656 shares of the real estate investment trust's stock after selling 35,795 shares during the quarter. 1832 Asset Management L.P. owned 0.81% of Mid-America Apartment Communities worth $159,143,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Northern Trust Corp increased its stake in shares of Mid-America Apartment Communities by 4.8% in the first quarter. Northern Trust Corp now owns 1,952,778 shares of the real estate investment trust's stock worth $327,247,000 after buying an additional 89,370 shares during the period. Deutsche Bank AG increased its stake in shares of Mid-America Apartment Communities by 38.3% in 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 buying an additional 469,806 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Mid-America Apartment Communities by 5.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,128,986 shares of the real estate investment trust's stock worth $174,507,000 after buying an additional 54,763 shares during the period. Nuveen LLC purchased a new position in shares of Mid-America Apartment Communities in the first quarter worth $150,966,000. Finally, Russell Investments Group Ltd. increased 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 valued at $121,734,000 after purchasing an additional 272,030 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Down 0.7%

Shares of MAA stock traded down $0.9410 during mid-day trading on Monday, reaching $142.0890. 722,524 shares of the company's stock traded hands, compared to its average volume of 902,006. Mid-America Apartment Communities, Inc. has a 12 month low of $137.32 and a 12 month high of $173.38. The company has a market cap of $16.63 billion, a P/E ratio of 29.24, a P/E/G ratio of 3.83 and a beta of 0.75. 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 company's 50-day moving average price is $146.78 and its 200-day moving average price is $155.04.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its earnings results 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. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm had revenue of $549.90 million for the quarter, compared to analysts' expectations of $552.19 million. During the same quarter in the previous year, the business posted $2.22 EPS. The company'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, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MAA has been the subject of several research reports. Royal Bank Of Canada decreased their price objective on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Raymond James Financial downgraded shares of Mid-America Apartment Communities from an "outperform" rating to a "market perform" rating in a research note on Tuesday, June 24th. The Goldman Sachs Group cut Mid-America Apartment Communities from a "buy" rating to a "neutral" rating and set a $165.00 price objective on the stock. in a research report on Friday, July 11th. Piper Sandler reduced their target price on Mid-America Apartment Communities from $170.00 to $153.00 and set a "neutral" rating on the stock in a report on Monday, August 4th. Finally, JMP Securities raised their target price on Mid-America Apartment Communities from $160.00 to $170.00 and gave the company a "market outperform" rating in a research note on Thursday, May 22nd. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of "Hold" and a consensus price target of $163.21.

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.