Mid-America Apartment Communities, Inc. $MAA Shares Bought by Kiker Wealth Management LLC

Kiker Wealth Management LLC increased its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 91.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,942 shares of the real estate investment trust’s stock after purchasing an additional 1,878 shares during the quarter. Kiker Wealth Management LLC’s holdings in Mid-America Apartment Communities were worth $583,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MAA. Farther Finance Advisors LLC raised its holdings in shares of Mid-America Apartment Communities by 133.8% in the 1st quarter. Farther Finance Advisors LLC now owns 2,291 shares of the real estate investment trust’s stock worth $384,000 after purchasing an additional 1,311 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Mid-America Apartment Communities by 34.6% in the 1st quarter. GAMMA Investing LLC now owns 3,467 shares of the real estate investment trust’s stock worth $581,000 after purchasing an additional 892 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Mid-America Apartment Communities by 94.1% in the 1st quarter. SG Americas Securities LLC now owns 6,229 shares of the real estate investment trust’s stock worth $1,044,000 after purchasing an additional 3,020 shares in the last quarter. CX Institutional bought a new stake in shares of Mid-America Apartment Communities in the 1st quarter worth approximately $153,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Mid-America Apartment Communities by 1.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 61,218 shares of the real estate investment trust’s stock worth $10,259,000 after purchasing an additional 613 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. 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. Wall Street Zen downgraded shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. BNP Paribas Exane lowered shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a report on Monday, September 29th. UBS Group cut their price target on shares of Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating on the stock in a report on Tuesday, July 15th. Finally, Mizuho upgraded shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and cut their price target for the company from $161.00 to $150.00 in a report on Thursday, August 14th. 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 company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $161.78.

Mid-America Apartment Communities Stock Down 0.0%

MAA stock opened at $134.49 on Tuesday. Mid-America Apartment Communities, Inc. has a 52-week low of $133.28 and a 52-week high of $173.38. The company’s 50 day simple moving average is $140.64 and its 200-day simple moving average is $149.48. 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 firm has a market capitalization of $15.74 billion, a P/E ratio of 27.67, a P/E/G ratio of 3.60 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. The business had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.22 earnings per share. 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. As a group, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a $1.515 dividend. The ex-dividend date is Wednesday, October 15th. This represents a $6.06 annualized dividend and a yield of 4.5%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. 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.