Focus Partners Wealth Sells 2,049 Shares of Mid-America Apartment Communities, Inc. $MAA

Focus Partners Wealth trimmed its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,991 shares of the real estate investment trust’s stock after selling 2,049 shares during the period. Focus Partners Wealth’s holdings in Mid-America Apartment Communities were worth $3,015,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MAA. Larson Financial Group LLC raised its position in shares of Mid-America Apartment Communities by 107.1% during the 1st quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 91 shares during the period. Financial Network Wealth Advisors LLC bought a new stake in Mid-America Apartment Communities in the 1st quarter valued at $29,000. AlphaQuest LLC bought a new stake in Mid-America Apartment Communities in the 1st quarter valued at $34,000. Ransom Advisory Ltd bought a new stake in Mid-America Apartment Communities in the 1st quarter valued at $36,000. Finally, Zions Bancorporation National Association UT bought a new stake in Mid-America Apartment Communities in the 1st quarter valued at $38,000. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Trading Down 1.1%

NYSE:MAA opened at $140.62 on Tuesday. Mid-America Apartment Communities, Inc. has a one year low of $137.32 and a one year high of $173.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.10 and a current ratio of 0.10. The firm has a market cap of $16.46 billion, a P/E ratio of 28.93, a P/E/G ratio of 3.80 and a beta of 0.78. The firm has a 50-day simple moving average of $145.09 and a 200-day simple moving average of $153.20.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $552.19 million. During the same quarter in the previous year, the business posted $2.22 EPS. The company’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. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Cuts Dividend

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

Analyst Upgrades and Downgrades

MAA has been the topic of a number of research reports. Raymond James Financial downgraded shares of Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 24th. Piper Sandler dropped their price objective on shares of 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. Royal Bank Of Canada dropped their price objective on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating for the company in a research note on Friday, August 1st. Wells Fargo & Company dropped their price objective on shares of Mid-America Apartment Communities from $173.00 to $156.00 and set an “overweight” rating for the company in a research note on Wednesday, August 27th. Finally, The Goldman Sachs Group cut shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 price objective for the company. in a research note on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $162.53.

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.