Barclays PLC has sold over 20,000 shares of Mid-America Apartment Communities, Inc. (MAA), while other companies such as Virtu Financial LLC, Geode Capital Management LLC, and Nomura Asset Management Co. Ltd. have increased their positions. MAA has secured a $350M senior notes offering at a 4.950% rate for its strategic growth and announced a new CEO as part of its recovery strategy. Analysts have an average 'hold' rating for MAA's performance and the company has shown steady growth, increasing their dividends for 15 straight years. MAA's stock performance, however, has underperformed in comparison to its peers. Despite this, the company has shown continual growth with an increase in their quarterly common dividend and a rise in their FFO and revenues. MAA has also appointed Sheila K. McGrath to its board of directors. The announcements of its CEO succession plan and quarterly dividend payout show a promising future for MAA.
Mid-America Apartment Communities MAA News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 14 Dec 2024 10:51:37 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4
