Mid-America Apartment Communities, Inc. $MAA Stake Reduced by Aew Capital Management L P

Key Points

• Aew Capital Management L P reduced its stake in Mid-America Apartment Communities by 0.4%, now holding 628,644 shares valued at approximately $105 million.
• Mid-America Apartment Communities posted quarterly earnings of $2.15 per share, slightly exceeding estimates, with revenue of $549.90 million, representing a 0.6% year-over-year increase.
• Analysts have a mixed outlook on the stock, with an average target price of $163.21 and ratings ranging from "Buy" to "Sell."

Aew Capital Management L P lessened its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 628,644 shares of the real estate investment trust's stock after selling 2,350 shares during the period. Mid-America Apartment Communities makes up 5.2% of Aew Capital Management L P's investment portfolio, making the stock its 7th largest position. Aew Capital Management L P owned 0.54% of Mid-America Apartment Communities worth $105,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in Mid-America Apartment Communities by 117.7% in the fourth 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 during the last quarter. First Trust Advisors LP raised its stake in shares of Mid-America Apartment Communities by 0.3% in 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 acquiring an additional 178 shares during the period. MML Investors Services LLC raised its stake in shares of Mid-America Apartment Communities by 9.7% in 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 acquiring an additional 810 shares during the period. OneDigital Investment Advisors LLC lifted its holdings in shares of Mid-America Apartment Communities by 42.8% in the 4th quarter. OneDigital Investment Advisors LLC now owns 7,416 shares of the real estate investment trust's stock worth $1,146,000 after acquiring an additional 2,221 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its position in shares of Mid-America Apartment Communities by 4.7% during the 4th quarter. Hsbc Holdings PLC now owns 334,538 shares of the real estate investment trust's stock worth $51,654,000 after purchasing an additional 15,136 shares during the period. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA opened at $142.8890 on Friday. 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 company has a market cap of $16.73 billion, a price-to-earnings ratio of 29.40, a price-to-earnings-growth ratio of 3.77 and a beta of 0.75. The stock's 50-day moving average is $146.78 and its two-hundred day moving average is $155.08. 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 announced 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 return on equity of 9.35% and a net margin of 25.98%.The business had revenue of $549.90 million during the quarter, compared to analysts' expectations of $552.19 million. During the same quarter last year, the business posted $2.22 EPS. The business'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. Analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MAA has been the topic of a number of research analyst reports. Royal Bank Of Canada cut their target price on Mid-America Apartment Communities from $158.00 to $155.00 and set a "sector perform" rating on the stock in a research report on Friday, August 1st. Wall Street Zen raised Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Sunday, August 10th. JMP Securities boosted their price objective on Mid-America Apartment Communities from $160.00 to $170.00 and gave the company a "market outperform" rating in a report on Thursday, May 22nd. Evercore ISI decreased their target price on Mid-America Apartment Communities from $155.00 to $152.00 and set an "in-line" rating on the stock in a research note on Tuesday, August 12th. Finally, Morgan Stanley dropped their target price on 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. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price 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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