From MarketBeat:

Hahn Capital Management LLC reduced its ownership of Mid-America Apartment Communities, Inc. by 14.8% during the third quarter, selling 12,158 shares. The company now holds 70,194 shares, amounting to $9,030,000. TCM Advisors LLC has a new position worth $27,335,000 in Mid-America Apartment Communities.

Mid-America Apartment Communities shares traded down to $131.78 on Friday. The company reported a debt-to-equity ratio of 0.70, a quick ratio of 0.26, and 776,356 shares traded. This places the company’s market cap at $15.38 billion.

Mid-America Apartment Communities announced an increase in its quarterly dividend payout to $1.47 per share. The ex-dividend date is set for January 11th. The company’s dividend payout ratio is 111.78%.

Director William Reid Sanders purchased 2,000 shares of Mid-America Apartment Communities at an average price of $115.74 in early November. The director now owns 28,627 shares, valued at $3,313,288.98.

Mid-America Apartment Communities, an REIT, is focused on full-cycle investment performance primarily in the Southeast, Southwest, and Mid-Atlantic regions of the United States.

As a news alert, the report was provided by MarketBeat’s editorial team and generated by narrative science technology. Any questions or comments can be sent to [email protected].



Read more: Hahn Capital Management LLC Sells 12,158 Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA)