IFM Investors Pty Ltd Sells 2,818 Shares of Mid-America Apartment Communities, Inc. $MAA

Key Points

• IFM Investors Pty Ltd has reduced its stake in Mid-America Apartment Communities by 5.3%, selling 2,818 shares and holding 50,299 shares worth approximately $8.43 million.
• Mid-America Apartment Communities reported a $2.15 EPS for the last quarter, marginally surpassing expectations, while predicting EPS guidance of 2.080-2.240 for Q3 2025.
• The company announced a quarterly dividend of $1.0625 per share, representing a 3.0% dividend yield, with a current dividend payout ratio of 124.69%.

IFM Investors Pty Ltd lessened its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,299 shares of the real estate investment trust's stock after selling 2,818 shares during the quarter. IFM Investors Pty Ltd's holdings in Mid-America Apartment Communities were worth $8,429,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Smartleaf Asset Management LLC increased its holdings in Mid-America Apartment Communities by 6.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,021 shares of the real estate investment trust's stock valued at $169,000 after buying an additional 65 shares during the period. Alhambra Investment Management LLC grew its holdings in shares of Mid-America Apartment Communities by 3.1% in the 1st quarter. Alhambra Investment Management LLC now owns 2,166 shares of the real estate investment trust's stock worth $363,000 after purchasing an additional 66 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of Mid-America Apartment Communities by 2.6% in the 1st quarter. Stephens Inc. AR now owns 2,762 shares of the real estate investment trust's stock worth $463,000 after purchasing an additional 70 shares during the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Mid-America Apartment Communities by 3.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 2,353 shares of the real estate investment trust's stock worth $394,000 after purchasing an additional 80 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in shares of Mid-America Apartment Communities by 2.9% in the 1st quarter. Signaturefd LLC now owns 2,851 shares of the real estate investment trust's stock worth $478,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 93.60% of the company's stock.

Mid-America Apartment Communities Price Performance

NYSE MAA traded down $1.96 on Friday, hitting $142.13. 737,060 shares of the company were exchanged, compared to its average volume of 709,309. The firm has a 50 day moving average of $145.28 and a two-hundred day moving average of $153.49. The company has a market cap of $16.64 billion, a P/E ratio of 29.25, a P/E/G ratio of 3.85 and a beta of 0.78. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities, Inc. has a 1-year low of $137.32 and a 1-year high of $173.38.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) 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 the consensus estimate of $2.14 by $0.01. The business had revenue of $549.90 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up .6% on a year-over-year basis. During the same quarter 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. On average, equities analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.0%. Mid-America Apartment Communities's dividend payout ratio (DPR) is 124.69%.

Analyst Ratings Changes

Several research firms have recently weighed in on MAA. The Goldman Sachs Group lowered 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 report on Friday, July 11th. Scotiabank lowered their target price 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. KeyCorp lowered their target price on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an "overweight" rating on the stock in a report on Wednesday, August 13th. Royal Bank Of Canada lowered their target price on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a "sector perform" rating on the stock in a report on Friday, August 1st. Finally, Wells Fargo & Company lowered their target price on shares of Mid-America Apartment Communities from $173.00 to $156.00 and set an "overweight" rating on the stock in a report on Wednesday, August 27th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $162.41.

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.