Envestnet Portfolio Solutions Inc. and Ontario Teachers Pension Plan Board have lowered their holdings in Mid-America Apartment Communities, Inc. On the contrary, Norges Bank, Natixis Advisors L.P., and Massachusetts Financial Services Co have increased their stakes in the company. This comes amid mixed performance by the real estate giant, with some quarters seeing earnings and revenues surpass estimates, while others have seen it underperform compared to competitors. MAA has faced short-term headwinds, including market competition. However, the company announced a quarterly common dividend and marked 30 years as a publicly traded company. UBS Group raised MAA's price target to $131.00, reflecting optimism, and some other analysts continue to recognize MAA as an attractive investment, citing its dividends, quality, and long-term prospects.
Mid-America Apartment Communities MAA News Analytics from Wed, 06 Sep 2023 07:00:00 GMT to Thu, 23 May 2024 19:55:56 GMT -
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