Uniplan Investment Counsel Inc. Sells 4,578 Shares of Mid-America Apartment Communities, Inc. $MAA

Key Points

• Uniplan Investment Counsel Inc. reduced its stake in Mid-America Apartment Communities, selling 4,578 shares and lowering its ownership by 7.8%, now holding 53,920 shares valued at approximately $9 million.
• Mid-America Apartment Communities recently cut its dividend to $1.0625 per share, representing an annual yield of 2.9%, with a high dividend payout ratio of 124.69%.
• Despite a slight decrease in quarterly earnings, the company achieved a net margin of 25.98% and set Q3 2025 earnings per share guidance between 2.080-2.240. Analysts currently hold an average rating of "Hold".

Uniplan Investment Counsel Inc. lowered its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 7.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,920 shares of the real estate investment trust's stock after selling 4,578 shares during the quarter. Uniplan Investment Counsel Inc.'s holdings in Mid-America Apartment Communities were worth $9,036,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in MAA. Deutsche Bank AG increased its position in Mid-America Apartment Communities by 312.6% in the fourth quarter. Deutsche Bank AG now owns 1,226,026 shares of the real estate investment trust's stock worth $189,507,000 after purchasing an additional 928,851 shares during the period. Nuveen LLC acquired a new stake in shares of Mid-America Apartment Communities during the 1st quarter worth approximately $150,966,000. GAMMA Investing LLC raised its stake in shares of Mid-America Apartment Communities by 22,463.1% during the first quarter. GAMMA Investing LLC now owns 581,000 shares of the real estate investment trust's stock worth $97,364,000 after buying an additional 578,425 shares during the last quarter. Centersquare Investment Management LLC raised its stake in shares of Mid-America Apartment Communities by 248.0% during the first quarter. Centersquare Investment Management LLC now owns 412,895 shares of the real estate investment trust's stock worth $69,193,000 after buying an additional 294,245 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Mid-America Apartment Communities by 59.7% in the first quarter. Russell Investments Group Ltd. now owns 727,670 shares of the real estate investment trust's stock valued at $121,734,000 after buying an additional 272,030 shares during the period. Institutional investors and hedge funds own 93.60% of the company's stock.

Mid-America Apartment Communities Stock Up 0.9%

Shares of MAA stock opened at $145.28 on Friday. The firm has a fifty day moving average of $145.88 and a 200-day moving average of $154.15. The company has a market capitalization of $17.01 billion, a price-to-earnings ratio of 29.89, a P/E/G ratio of 3.89 and a beta of 0.78. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities, Inc. has a 12-month low of $137.32 and a 12-month 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 EPS for the quarter, beating analysts' consensus estimates of $2.14 by $0.01. The company had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.22 earnings per share. 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. As a group, equities research analysts predict 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $1.0625 per share. This represents a $4.25 dividend on an annualized basis and a yield of 2.9%. Mid-America Apartment Communities's dividend payout ratio (DPR) is currently 124.69%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MAA shares. Scotiabank lowered their target price on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set a "sector outperform" rating for the company in a report on Thursday, August 14th. Raymond James Financial lowered Mid-America Apartment Communities from an "outperform" rating to a "market perform" rating in a research report on Tuesday, June 24th. The Goldman Sachs Group downgraded Mid-America Apartment Communities from a "buy" rating to a "neutral" rating and set a $165.00 price objective for the company. in a report on Friday, July 11th. Barclays cut their target price 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. Finally, KeyCorp lowered their price target 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. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $162.79.

Mid-America Apartment Communities Company 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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