J. Safra Sarasin Holding AG Purchases 5,982 Shares of Mid-America Apartment Communities, Inc. $MAA

J. Safra Sarasin Holding AG boosted its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 96.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,156 shares of the real estate investment trust’s stock after acquiring an additional 5,982 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Mid-America Apartment Communities were worth $1,799,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Financial Network Wealth Advisors LLC bought a new position in shares of Mid-America Apartment Communities during the 1st quarter valued at about $29,000. Larson Financial Group LLC grew its position in Mid-America Apartment Communities by 107.1% during 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 last quarter. Sound Income Strategies LLC grew its holdings in shares of 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 last quarter. AlphaQuest LLC bought a new position in shares of Mid-America Apartment Communities during the 1st quarter valued at $34,000. Finally, Ransom Advisory Ltd bought a new position in shares of Mid-America Apartment Communities during the 1st quarter valued at $36,000. 93.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MAA shares. Raymond James Financial cut Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 24th. Evercore ISI raised their price objective on Mid-America Apartment Communities from $152.00 to $154.00 and gave the company an “in-line” rating in a research note on Monday, September 15th. Wells Fargo & Company reduced their price target on 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. Royal Bank Of Canada reduced their price target on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. Finally, BNP Paribas Exane cut shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a report on Monday, September 29th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $161.78.

Mid-America Apartment Communities Stock Up 0.4%

NYSE MAA opened at $136.79 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market capitalization of $16.01 billion, a PE ratio of 28.15, a PEG ratio of 3.64 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 1 year low of $136.07 and a 1 year high of $173.38. The business’s 50-day moving average is $141.85 and its 200 day moving average is $150.83.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.01. The firm had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The business’s quarterly revenue was up .6% compared to the same quarter last year. During the same period last year, the company earned $2.22 EPS. 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. Sell-side 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 business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be paid a dividend of $1.515 per share. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.4%. 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 payout ratio is presently 124.69%.

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.