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

J. Safra Sarasin Holding AG raised its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 96.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 12,156 shares of the real estate investment trust’s stock after acquiring an additional 5,982 shares during the period. J. Safra Sarasin Holding AG’s holdings in Mid-America Apartment Communities were worth $1,799,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Lecap Asset Management Ltd. bought a new stake in shares of Mid-America Apartment Communities during the second quarter valued at approximately $294,000. Consolidated Planning Corp boosted its holdings in shares of Mid-America Apartment Communities by 12.6% during the 2nd quarter. Consolidated Planning Corp now owns 5,716 shares of the real estate investment trust’s stock valued at $846,000 after buying an additional 638 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Mid-America Apartment Communities by 3.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 22,320 shares of the real estate investment trust’s stock valued at $3,304,000 after buying an additional 711 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in shares of Mid-America Apartment Communities by 33.8% during the 2nd quarter. V Square Quantitative Management LLC now owns 1,910 shares of the real estate investment trust’s stock valued at $283,000 after buying an additional 482 shares in the last quarter. Finally, Sound Income Strategies LLC boosted 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 buying an additional 175 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Trading Up 0.4%

Shares of NYSE MAA opened at $136.79 on Friday. The company has a market cap of $16.01 billion, a PE ratio of 28.15, a P/E/G ratio of 3.64 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 52-week low of $136.07 and a 52-week high of $173.38. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.10 and a current ratio of 0.10. The firm’s 50 day moving average price is $141.85 and its 200-day moving average price is $150.83.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.01. The business had revenue of $549.90 million for the quarter, compared to analysts’ expectations of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the firm posted $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. On average, equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $1.515 per share. The ex-dividend date is Wednesday, October 15th. This represents a $6.06 annualized dividend and a yield of 4.4%. This is an increase 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%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on MAA. The Goldman Sachs Group lowered shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 price objective on the stock. in a research note on Friday, July 11th. UBS Group dropped their price target on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating on the stock in a research report on Tuesday, July 15th. Raymond James Financial cut Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 24th. Royal Bank Of Canada dropped their target price on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Finally, Evercore ISI boosted their target price on Mid-America Apartment Communities from $152.00 to $154.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price 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.