Pensionfund DSM Netherlands Cuts Position in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Pensionfund DSM Netherlands has reduced its stake in Mid-America Apartment Communities, Inc. by 21.1% to own 16,040 shares, representing about 1.8% of its portfolio.
• The company's quarterly earnings report showed an EPS of $2.15, which slightly beat analysts' expectations, while revenue for the quarter was $549.90 million.
• Mid-America Apartment Communities has announced a quarterly dividend of $1.0625, resulting in an annualized yield of 3.0%, despite a payout ratio of 124.69%.

Pensionfund DSM Netherlands cut its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 21.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,040 shares of the real estate investment trust's stock after selling 4,300 shares during the quarter. Mid-America Apartment Communities comprises about 1.8% of Pensionfund DSM Netherlands' portfolio, making the stock its 17th biggest position. Pensionfund DSM Netherlands' holdings in Mid-America Apartment Communities were worth $2,688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAA. Smartleaf Asset Management LLC lifted its holdings in shares of 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 increased its stake 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 valued at $363,000 after purchasing an additional 66 shares in the last quarter. Stephens Inc. AR increased its stake in Mid-America Apartment Communities by 2.6% during the 1st quarter. Stephens Inc. AR now owns 2,762 shares of the real estate investment trust's stock worth $463,000 after buying an additional 70 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in Mid-America Apartment Communities by 3.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 2,353 shares of the real estate investment trust's stock worth $394,000 after buying an additional 80 shares in the last quarter. Finally, Signaturefd LLC increased its stake in Mid-America Apartment Communities by 2.9% during the 1st quarter. Signaturefd LLC now owns 2,851 shares of the real estate investment trust's stock worth $478,000 after buying an additional 81 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on MAA shares. UBS Group cut their price objective on Mid-America Apartment Communities from $149.00 to $142.00 and set a "sell" rating for the company in a research note on Tuesday, July 15th. Piper Sandler cut their price objective on Mid-America Apartment Communities from $170.00 to $153.00 and set a "neutral" rating for the company in a research note on Monday, August 4th. JMP Securities boosted their price objective on Mid-America Apartment Communities from $160.00 to $170.00 and gave the stock a "market outperform" rating in a research note on Thursday, May 22nd. KeyCorp cut their price objective on Mid-America Apartment Communities from $180.00 to $170.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. Finally, Barclays cut their price objective on Mid-America Apartment Communities from $172.00 to $156.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 12th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $162.41.

Mid-America Apartment Communities Price Performance

MAA stock opened at $142.13 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 business has a 50 day simple moving average of $145.28 and a 200-day simple moving average of $153.56. The firm has a market capitalization of $16.64 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 3.85 and a beta of 0.78. 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 posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analyst estimates of $552.19 million. During the same period in the prior year, the business earned $2.22 earnings per share. The business's 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. Equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Cuts Dividend

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

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.

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