Park Avenue Securities LLC Has $550,000 Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Park Avenue Securities LLC increased its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 17.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,714 shares of the real estate investment trust’s stock after buying an additional 561 shares during the period. Park Avenue Securities LLC’s holdings in Mid-America Apartment Communities were worth $550,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. grew its stake in shares of Mid-America Apartment Communities by 1.5% in the 1st quarter. Principal Financial Group Inc. now owns 192,228 shares of the real estate investment trust’s stock valued at $32,214,000 after buying an additional 2,800 shares during the period. Aurora Investment Counsel bought a new position in Mid-America Apartment Communities in the 1st quarter valued at about $1,929,000. Summit Trail Advisors LLC lifted its position in Mid-America Apartment Communities by 106.9% in the 1st 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 in the last quarter. Stratos Wealth Partners LTD. lifted its position in Mid-America Apartment Communities by 92.0% in the 1st 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 in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in Mid-America Apartment Communities by 1.6% in the 1st 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 in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Price Performance

Mid-America Apartment Communities stock opened at $139.52 on Monday. Mid-America Apartment Communities, Inc. has a 52 week low of $137.32 and a 52 week high of $173.38. The company’s 50 day moving average price is $143.26 and its two-hundred day moving average price is $151.55. 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 stock has a market cap of $16.33 billion, a P/E ratio of 28.71, a P/E/G ratio of 3.73 and a beta of 0.78.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping 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 firm had revenue of $549.90 million for the quarter, compared to analysts’ expectations of $552.19 million. During the same quarter last year, the firm earned $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. On average, equities analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be issued a $1.515 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.3%. Mid-America Apartment Communities’s payout ratio is presently 124.69%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Friday. Wells Fargo & Company dropped their price target on shares of Mid-America Apartment Communities from $173.00 to $156.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 27th. Barclays dropped their price target on shares of Mid-America Apartment Communities from $172.00 to $156.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 12th. 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 target on the stock. in a research report on Friday, July 11th. Finally, Scotiabank dropped their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating on the stock in a research report on Thursday, August 14th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and an average target price of $162.53.

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.