America Apartment (NYSE:MAA) Loses Outperform Rating

Share

It has a 72.33 P/E ratio. It operates through three segments: Large market same store, Secondary market same store and Non-Same Store and Other. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company's stock. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, August 10. Raymond James Financial reaffirmed a "market perform" rating on shares of Mid-America Apartment Communities in a report on Wednesday. As per Wednesday, November 2, the company rating was maintained by Wunderlich. Preferred Apartment Communities had a return on equity of 2.78% and a net margin of 10.49%. equities analysts anticipate that Preferred Apartment Communities will post 1.45 EPS for the current fiscal year. They expect $0.01 EPS, down 94.74% or $0.18 from last year's $0.19 per share. The real estate investment trust reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.18).

Investors sentiment increased to 2.59 in Q2 2017. The real estate investment trust reported $1.00 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.61. It is negative, as 37 investors sold CNP shares while 160 reduced holdings. 49 funds opened positions while 138 raised stakes. (NYSE:APTS). 13,080 are owned by Citadel Ltd Liability. Amer Grp holds 0% or 18,937 shares in its portfolio. 65,435 were accumulated by Morgan Stanley. Assetmark holds 647 shares. Deutsche Bank maintained CenterPoint Energy, Inc. The company has a market cap of $697.15, a PE ratio of 15.16, a PEG ratio of 2.14 and a beta of 0.42. Bluecrest Limited invested 0.01% in CenterPoint Energy, Inc. Cibc Asset Management invested in 11,152 shares. SunTrust Banks restated a buy rating and issued a $109.00 target price on shares of Mid-America Apartment Communities in a research note on Friday, November 3rd. Jpmorgan Chase And, New York-based fund reported 529,073 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. 20,420 were reported by Eagle Glob Advsr Ltd Company. Manufacturers Life Ins The accumulated 11,312 shares. (NYSE:MAA) news were published by: Seekingalpha.com which released: "Mid-America Apartment Communities Inc.: Buy, Don't Rent This REIT" on July 26, 2017, also Seekingalpha.com with their article: "Mid-America Apartment down 3% after Q3 report" published on October 26, 2017, Seekingalpha.com published: "Mid-America Apartment Communities' (MAA) CEO Eric Bolton on Q3 2017 Results ..." on October 28, 2017. Therefore 53% are positive. Finally, ValuEngine upgraded Preferred Apartment Communities from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 1st. On Monday, August 14 the stock rating was maintained by Jefferies with "Buy". Finally, Robert W. Baird reiterated a "buy" rating and set a $110.00 target price on shares of Mid-America Apartment Communities in a research note on Friday, November 10th. Compass Point downgraded it to "Neutral" rating and $12 target in Wednesday, March 9 report. The firm has "Hold" rating given on Tuesday, May 30 by FBR Capital. On Tuesday, December 13 the stock rating was upgraded by RBC Capital Markets to "Outperform".

Mid-America Apartment Communities, Inc. (NYSE:MAA) opened at $102.84 on Friday. (NYSE:CNP) on Thursday, May 12 with "Hold" rating. Its down 0.10, from 1.17 in 2017Q1. Also, Director David P. Stockert sold 6,872 shares of the stock in a transaction that occurred on Wednesday, September 6th. Schnieders Capital Management Llc owns 219,020 shares or 1.6% of their USA portfolio. Martingale Asset Mngmt Lp accumulated 0.03% or 129,422 shares. This is an increase from Preferred Apartment Communities's previous quarterly dividend of $0.22.

Fort Washington Investment Advisors Inc decreased Centerpoint Energy Inc (CNP) stake by 30.26% reported in 2017Q2 SEC filing. Strs Ohio has invested 0% in Preferred Apartment Communities, Inc. (NYSE:APTS). Goldman Sachs Gru holds 93,198 shares or 0% of its portfolio. Tcw Group holds 20,756 shares. ICM Asset Management Inc. Rhumbline Advisers owns 40,020 shares or 0% of their U.S. portfolio. Cleararc Capital invested in 10,579 shares or 0.05% of the stock. New York-based Bankshares Of Ny Mellon Corp has invested 0% in Preferred Apartment Communities, Inc. Texas Permanent School Fund has invested 0.04% in Mid-America Apartment Communities, Inc. (NYSE:MAA) for 73,980 shares.

Mid-America Apartment Communities, Inc.is an independent real estate investment trust. (NYSE:MAA). Delta Asset Limited Liability Com Tn has 8,300 shares for 0.14% of their portfolio. Wellington Mgmt Llp accumulated 82,918 shares or 0% of the stock. Royal Commercial Bank Of Canada holds 0.08% of its portfolio in Mid-America Apartment Communities, Inc. Emerson Elec Co (NYSE:EMR) was reduced too.

Share

Advertisement

Related Posts

Lorry left dangling off Yorkshire motorway embankment after crash
The driver was rescued from lorry and taken to hospital with serious injuries. Well done for holding on, and helping to save that drivers life.

Trump expresses no concern about Flynn plea deal
Sources told Reuters the "very senior" transition official was Jared Kushner , Trump's son-in-law and senior advisor. Mueller's team also figures to zero in on other aides close to Trump.

The Vancouver Christmas Tree Lighting Ceremony Takes Place Today
Organizers say that each year they try and outdo themselves as this year more lights and new decorations were added to the marina. Event begins at 4:30 p.m. and wraps up at 9 p.m.

After Making Record High, Is CME Group Inc. (CME)'s Near-Term Analysis Positive?
Following the completion of the transaction, the insider now owns 22,301 shares of the company's stock, valued at $3,112,550.57. San Francisco Sentry Investment Group CA purchased a new stake in shares of CME Group in the 2nd quarter worth $129,000.

Super moon to be seen on Sunday night
If you miss the first viewing, another good time to sneak a peek is when the supermoon reaches its peak at 4 a.m. on December 4. Tomorrow will mark the closest the moon will orbit to the earth all year round and will appear bigger and brighter than usual.

What Analysts Think of Ultra Clean Holdings (UCTT)?
Brokerage houses, on average, are recommending investors to hold Macerich Company (MAC)'s shares projecting a $62.61 target price. Finally, Two Sigma Investments LP increased its position in shares of Ultra Clean Holdings by 410.6% in the fourth quarter.

Ryan: Whether Conyers Resigns From Congress Is 'Up To Him'
John Conyers's wife says that the person making sexual harassment allegations against her husband should be named publicly. Conyers denied wrongdoing in that case, but acknowledged that there had been a financial settlement to that complaint.

Democratic Leaders Pull Out Of Government Funding Meeting After Trump Tweet
And math alone says that could lead to a shutdown, since Republicans don't have enough votes to pass a spending bill on their own. Such aspersions did not sit well with Schumer and Pelosi, who made an on-the-spot decision to pull out of the "show meeting".

NXP Semiconductors (NXPI) Receives News Impact Rating of 0.17
Picton Mahoney Asset Management purchased a new position in NXP Semiconductors in the 2nd quarter worth approximately $165,000. The Virginia-based Davenport Ltd Liability Corporation has invested 0% in C&F Financial Corporation (NASDAQ:CFFI).

Lauer Initially Denied Sexual Misconduct to Network Officials
I'll continue to share information and updates with you in the days and weeks ahead. One told us, "Matt's office is being completely demolished".

© 2015 ExpressNewsline. All Rights reserved.