Columbus Macro LLC Raises Holdings in Mid-America Apartment Communities, Inc. $MAA

Columbus Macro LLC increased its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 9.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,643 shares of the real estate investment trust’s stock after purchasing an additional 4,280 shares during the quarter. Columbus Macro LLC’s holdings in Mid-America Apartment Communities were worth $7,644,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in MAA. Principal Financial Group Inc. boosted its stake in Mid-America Apartment Communities by 1.5% during the first quarter. Principal Financial Group Inc. now owns 192,228 shares of the real estate investment trust’s stock worth $32,214,000 after buying an additional 2,800 shares during the last quarter. Aurora Investment Counsel acquired a new position in Mid-America Apartment Communities during the first quarter worth $1,929,000. Summit Trail Advisors LLC boosted its stake in Mid-America Apartment Communities by 106.9% during the first quarter. Summit Trail Advisors LLC now owns 4,401 shares of the real estate investment trust’s stock worth $738,000 after buying an additional 2,274 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Mid-America Apartment Communities by 92.0% during the first quarter. Stratos Wealth Partners LTD. now owns 28,134 shares of the real estate investment trust’s stock worth $4,715,000 after buying 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% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 362,264 shares of the real estate investment trust’s stock worth $60,708,000 after buying an additional 5,650 shares during the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Performance

Shares of Mid-America Apartment Communities stock opened at $135.87 on Thursday. Mid-America Apartment Communities, Inc. has a 52 week low of $134.97 and a 52 week high of $173.38. The business’s fifty day simple moving average is $141.00 and its 200-day simple moving average is $150.30. The firm has a market cap of $15.91 billion, a PE ratio of 27.96, a price-to-earnings-growth ratio of 3.64 and a beta of 0.77. 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 (NYSE:MAA) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. During the same quarter in the prior year, the company earned $2.22 EPS. Mid-America Apartment Communities’s 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. Equities analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be paid a dividend of $1.515 per share. This represents a $6.06 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, October 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. Mid-America Apartment Communities’s dividend payout ratio is currently 124.69%.

Analysts Set New Price Targets

MAA has been the topic of a number of recent research reports. Wall Street Zen lowered Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. BNP Paribas Exane lowered Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research note on Monday, September 29th. Royal Bank Of Canada lowered their price objective on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a research note on Friday, August 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Mid-America Apartment Communities in a research note on Wednesday. Finally, BNP Paribas lowered Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a research note on Monday, September 29th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target 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.