Amundi Grows Stock Holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA)

Amundi raised its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 230,159 shares of the real estate investment trust's stock after acquiring an additional 21,836 shares during the period. Amundi owned approximately 0.20% of Mid-America Apartment Communities worth $34,372,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MAA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Mid-America Apartment Communities by 516.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,074,223 shares of the real estate investment trust's stock valued at $170,694,000 after purchasing an additional 899,960 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at approximately $95,671,000. Aew Capital Management L P raised its holdings in Mid-America Apartment Communities by 516.3% in the 4th quarter. Aew Capital Management L P now owns 630,994 shares of the real estate investment trust's stock worth $97,533,000 after acquiring an additional 528,608 shares during the last quarter. KBC Group NV lifted its position in Mid-America Apartment Communities by 830.8% in the 3rd quarter. KBC Group NV now owns 125,785 shares of the real estate investment trust's stock valued at $19,987,000 after acquiring an additional 112,271 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in Mid-America Apartment Communities by 2,378.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 84,339 shares of the real estate investment trust's stock valued at $13,401,000 after acquiring an additional 80,936 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

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Analysts Set New Price Targets

MAA has been the subject of several recent analyst reports. KeyCorp upgraded Mid-America Apartment Communities from a "sector weight" rating to an "overweight" rating and set a $180.00 price target for the company in a research note on Tuesday, December 17th. BMO Capital Markets cut their price target on Mid-America Apartment Communities from $157.00 to $155.00 and set a "market perform" rating for the company in a research note on Tuesday, January 21st. Royal Bank of Canada raised their price objective on shares of Mid-America Apartment Communities from $158.00 to $161.00 and gave the stock a "sector perform" rating in a report on Friday, February 7th. Jefferies Financial Group raised shares of Mid-America Apartment Communities from a "hold" rating to a "buy" rating and upped their target price for the company from $148.00 to $190.00 in a report on Monday. Finally, StockNews.com upgraded shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $168.43.

Mid-America Apartment Communities Stock Down 0.2 %

NYSE MAA traded down $0.29 on Thursday, hitting $161.48. The stock had a trading volume of 1,191,152 shares, compared to its average volume of 666,098. The business's fifty day moving average price is $156.51 and its 200 day moving average price is $157.42. The stock has a market cap of $18.88 billion, a price-to-earnings ratio of 36.04, a price-to-earnings-growth ratio of 3.72 and a beta of 0.90. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.08 and a quick ratio of 0.08. Mid-America Apartment Communities, Inc. has a 52-week low of $123.73 and a 52-week high of $173.38.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.04 by $1.19. Mid-America Apartment Communities had a return on equity of 8.53% and a net margin of 24.03%. Equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

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.