Wolverine Asset Management LLC lifted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 87.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,207 shares of the real estate investment trust’s stock after buying an additional 9,888 shares during the quarter. Wolverine Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $3,024,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of MAA. DecisionPoint Financial LLC acquired a new position in shares of Mid-America Apartment Communities during the first quarter worth approximately $26,000. EdgeRock Capital LLC bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at $26,000. First United Bank & Trust acquired a new position in Mid-America Apartment Communities during the fourth quarter worth $27,000. Mather Group LLC. bought a new position in shares of Mid-America Apartment Communities in the first quarter valued at $32,000. Finally, Versant Capital Management Inc grew its holdings in shares of Mid-America Apartment Communities by 3,071.4% during the second quarter. Versant Capital Management Inc now owns 222 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 215 shares during the last quarter. 93.60% of the stock is owned by institutional investors.
Mid-America Apartment Communities Trading Up 0.7 %
Shares of MAA opened at $163.57 on Wednesday. Mid-America Apartment Communities, Inc. has a twelve month low of $115.56 and a twelve month high of $164.88. The stock has a market cap of $19.11 billion, a PE ratio of 34.29, a P/E/G ratio of 3.61 and a beta of 0.85. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.76. The business’s 50-day moving average price is $147.80 and its 200-day moving average price is $137.69.
Analyst Ratings Changes
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Mid-America Apartment Communities Profile
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.
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