APG Asset Management US Inc. Boosts Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• APG Asset Management US Inc. increased its stake in Mid-America Apartment Communities by 9.7%, acquiring an additional 271,507 shares during the 1st quarter, which now makes up 3.9% of its portfolio.
• Institutional investors own 93.60% of Mid-America Apartment Communities, with other notable firms like NewEdge Advisors LLC and OneDigital Investment Advisors LLC also significantly increasing their stakes.
• Mid-America reported $2.15 earnings per share for the latest quarter, slightly beating estimates, and provided guidance indicating expected EPS between 8.650 and 8.890 for the fiscal year 2025.

APG Asset Management US Inc. increased its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,069,507 shares of the real estate investment trust's stock after buying an additional 271,507 shares during the period. Mid-America Apartment Communities accounts for about 3.9% of APG Asset Management US Inc.'s portfolio, making the stock its 9th largest position. APG Asset Management US Inc. owned 2.62% of Mid-America Apartment Communities worth $514,081,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAA. NewEdge Advisors LLC lifted its holdings in Mid-America Apartment Communities by 117.7% during the 4th quarter. NewEdge Advisors LLC now owns 973 shares of the real estate investment trust's stock valued at $150,000 after buying an additional 526 shares in the last quarter. First Trust Advisors LP lifted its holdings in Mid-America Apartment Communities by 0.3% during the 4th quarter. First Trust Advisors LP now owns 68,617 shares of the real estate investment trust's stock valued at $10,606,000 after buying an additional 178 shares in the last quarter. MetLife Investment Management LLC lifted its holdings in Mid-America Apartment Communities by 1.3% during the 4th quarter. MetLife Investment Management LLC now owns 34,350 shares of the real estate investment trust's stock valued at $5,309,000 after buying an additional 427 shares in the last quarter. MML Investors Services LLC lifted its holdings in Mid-America Apartment Communities by 9.7% during the 4th quarter. MML Investors Services LLC now owns 9,141 shares of the real estate investment trust's stock valued at $1,413,000 after buying an additional 810 shares in the last quarter. Finally, OneDigital Investment Advisors LLC lifted its holdings in Mid-America Apartment Communities by 42.8% during the 4th quarter. OneDigital Investment Advisors LLC now owns 7,416 shares of the real estate investment trust's stock valued at $1,146,000 after buying an additional 2,221 shares in the last quarter. Institutional investors own 93.60% of the company's stock.

Mid-America Apartment Communities Price Performance

MAA opened at $140.9540 on Friday. The business's 50-day moving average is $146.92 and its two-hundred day moving average is $155.16. Mid-America Apartment Communities, Inc. has a 1 year low of $137.32 and a 1 year high of $173.38. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market capitalization of $16.50 billion, a PE ratio of 29.00, a price-to-earnings-growth ratio of 3.81 and a beta of 0.75.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last posted its earnings results 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 return on equity of 9.35% and a net margin of 25.98%.The company had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. During the same quarter in the previous year, the firm earned $2.22 earnings per share. The firm's quarterly revenue was up .6% compared to the same quarter last year. 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $174.00 to $171.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Mizuho upgraded Mid-America Apartment Communities from a "neutral" rating to an "outperform" rating and cut their price target for the company from $161.00 to $150.00 in a research note on Thursday, August 14th. Barclays cut their price target on Mid-America Apartment Communities from $172.00 to $156.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 12th. JMP Securities raised their price target 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. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Sunday, August 10th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $163.21.

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.

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