Values First Advisors Inc. Has $2.25 Million Position in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Values First Advisors Inc. reduced its stake in Mid-America Apartment Communities, Inc. by 17.4%, now holding 15,226 shares worth approximately $2.25 million.
• Mid-America Apartment Communities recently increased its quarterly dividend to $1.515 per share, reflecting a positive change from the previous dividend of $1.06.
• Analysts have mixed ratings for Mid-America Apartment Communities, with eight recommending a Buy, ten giving a Hold, and three advising Sell, while the average target price is set at $161.78.

Values First Advisors Inc. lowered its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 17.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,226 shares of the real estate investment trust's stock after selling 3,210 shares during the period. Mid-America Apartment Communities accounts for 1.2% of Values First Advisors Inc.'s portfolio, making the stock its 15th largest position. Values First Advisors Inc.'s holdings in Mid-America Apartment Communities were worth $2,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of MAA. Principal Financial Group Inc. boosted its stake in Mid-America Apartment Communities by 1.5% in the first quarter. Principal Financial Group Inc. now owns 192,228 shares of the real estate investment trust's stock valued at $32,214,000 after acquiring an additional 2,800 shares during the last quarter. Aurora Investment Counsel bought a new position in Mid-America Apartment Communities in the first quarter valued at approximately $1,929,000. Summit Trail Advisors LLC boosted its stake in Mid-America Apartment Communities by 106.9% in the first quarter. Summit Trail Advisors LLC now owns 4,401 shares of the real estate investment trust's stock valued at $738,000 after acquiring an additional 2,274 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Mid-America Apartment Communities by 92.0% in the first quarter. Stratos Wealth Partners LTD. now owns 28,134 shares of the real estate investment trust's stock valued at $4,715,000 after acquiring an additional 13,482 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Mid-America Apartment Communities by 1.6% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 362,264 shares of the real estate investment trust's stock valued at $60,708,000 after acquiring an additional 5,650 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock.

Mid-America Apartment Communities Trading Down 0.4%

Shares of NYSE:MAA opened at $131.42 on Friday. Mid-America Apartment Communities, Inc. has a 12 month low of $131.17 and a 12 month high of $173.38. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The company's fifty day simple moving average is $140.09 and its 200 day simple moving average is $149.00. The firm has a market cap of $15.39 billion, a price-to-earnings ratio of 27.04, a PEG ratio of 3.53 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The business had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. During the same period last year, the business posted $2.22 earnings per share. The firm's quarterly revenue was up .6% on a year-over-year basis. 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, research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a dividend of $1.515 per share. The ex-dividend date is Wednesday, October 15th. This is a positive change from Mid-America Apartment Communities's previous quarterly dividend of $1.06. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.6%. Mid-America Apartment Communities's dividend payout ratio (DPR) is 124.69%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MAA shares. Wells Fargo & Company raised their price objective on shares of Mid-America Apartment Communities from $156.00 to $157.00 and gave the company an "overweight" rating in a research note on Monday. Raymond James Financial cut shares of Mid-America Apartment Communities from an "outperform" rating to a "market perform" rating in a research note on Tuesday, June 24th. KeyCorp reduced their price objective on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 13th. Piper Sandler reduced their price target on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a "neutral" rating on the stock in a research report on Monday, August 4th. Finally, Mizuho raised shares of Mid-America Apartment Communities from a "neutral" rating to an "outperform" rating and reduced their price target for the stock from $161.00 to $150.00 in a research report on Thursday, August 14th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $161.78.

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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