Mid-America Apartment Communities, Inc. $MAA Shares Sold by Aurora Investment Managers LLC.

Aurora Investment Managers LLC. cut its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,193 shares of the real estate investment trust’s stock after selling 95 shares during the period. Mid-America Apartment Communities comprises approximately 2.3% of Aurora Investment Managers LLC.’s holdings, making the stock its 12th biggest position. Aurora Investment Managers LLC.’s holdings in Mid-America Apartment Communities were worth $3,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Larson Financial Group LLC boosted its stake in Mid-America Apartment Communities by 107.1% in the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 91 shares during the period. Financial Network Wealth Advisors LLC acquired a new position in Mid-America Apartment Communities during the 1st quarter valued at approximately $29,000. Sound Income Strategies LLC boosted its position in Mid-America Apartment Communities by 972.2% during the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 175 shares during the period. AlphaQuest LLC acquired a new position in Mid-America Apartment Communities during the 1st quarter valued at approximately $34,000. Finally, Ransom Advisory Ltd acquired a new position in Mid-America Apartment Communities during the 1st quarter valued at approximately $36,000. 93.60% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MAA shares. 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. Royal Bank Of Canada reduced their target price 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. The Goldman Sachs Group lowered shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 target price for the company. in a research note on Friday, July 11th. Morgan Stanley reduced their price objective on Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Finally, UBS Group reduced their price objective on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating for the company in a research report on Tuesday, July 15th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $161.78.

Mid-America Apartment Communities Trading Down 0.3%

Shares of Mid-America Apartment Communities stock opened at $135.87 on Thursday. 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 firm has a market cap of $15.91 billion, a price-to-earnings ratio of 27.96, a price-to-earnings-growth ratio of 3.64 and a beta of 0.77. The business has a fifty day simple moving average of $141.00 and a 200-day simple moving average of $150.30. Mid-America Apartment Communities, Inc. has a fifty-two week low of $134.97 and a fifty-two week high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating 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 business had revenue of $549.90 million during the quarter, compared to analyst estimates of $552.19 million. During the same quarter in the prior year, the firm posted $2.22 earnings per share. The company’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. On average, equities 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 firm 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 is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. This represents a $6.06 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, October 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 124.69%.

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.