Valeo Financial Advisors LLC Acquires New Holdings in Mid-America Apartment Communities, Inc. $MAA

Valeo Financial Advisors LLC acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,480 shares of the real estate investment trust’s stock, valued at approximately $219,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its stake in shares of Mid-America Apartment Communities by 6.8% in the first quarter. Smartleaf Asset Management LLC now owns 1,021 shares of the real estate investment trust’s stock worth $169,000 after purchasing an additional 65 shares during the last quarter. Stephens Inc. AR lifted its holdings in Mid-America Apartment Communities by 2.6% during the 1st quarter. Stephens Inc. AR now owns 2,762 shares of the real estate investment trust’s stock worth $463,000 after buying an additional 70 shares during the period. Ables Iannone Moore & Associates Inc. lifted its holdings in Mid-America Apartment Communities by 2.7% during the 2nd quarter. Ables Iannone Moore & Associates Inc. now owns 2,683 shares of the real estate investment trust’s stock worth $397,000 after buying an additional 70 shares during the period. Avantax Advisory Services Inc. raised its position in shares of Mid-America Apartment Communities by 3.5% during the first quarter. Avantax Advisory Services Inc. now owns 2,353 shares of the real estate investment trust’s stock worth $394,000 after acquiring an additional 80 shares during the last quarter. Finally, Signaturefd LLC raised its position in shares of Mid-America Apartment Communities by 2.9% during the first quarter. Signaturefd LLC now owns 2,851 shares of the real estate investment trust’s stock worth $478,000 after acquiring an additional 81 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Stock Down 0.2%

Mid-America Apartment Communities stock opened at $134.63 on Friday. 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, Inc. has a 12-month low of $133.28 and a 12-month high of $173.38. The firm’s fifty day moving average is $140.75 and its 200 day moving average is $149.90. The company has a market capitalization of $15.76 billion, a PE ratio of 27.70, a PEG ratio of 3.61 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results 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. The firm had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The business’s revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm posted $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, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be issued a $1.515 dividend. The ex-dividend date is Wednesday, October 15th. This is an increase 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%. Mid-America Apartment Communities’s dividend payout ratio is currently 124.69%.

Analyst Ratings Changes

A number of analysts have weighed in on MAA shares. Mizuho raised shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and decreased their target price for the company from $161.00 to $150.00 in a research report on Thursday, August 14th. Scotiabank reduced their price objective 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 note on Thursday, August 14th. BNP Paribas Exane lowered shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research note on Monday, September 29th. UBS Group dropped their target price 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, Evercore ISI boosted their target price on shares of Mid-America Apartment Communities from $152.00 to $154.00 and gave the company an “in-line” rating in a report on Monday, September 15th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $161.78.

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.