First City Capital Management Inc. now owns 16,644 shares of the real estate investment trust's stock valued at $262,000 after purchasing an additional 1,021 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Preferred Apartment Communities by 73.7% in the third quarter. The stock increased 0.26% or $0.1 during the last trading session, reaching $38.97. The shares were sold at an average price of $21.25, for a total transaction of $53,125.00. (NYSE:APTS) has risen 15.66% since January 28, 2017 and is uptrending. It has underperformed by 1.04% the S&P500.
Other large investors also recently modified their holdings of the company. The hedge fund run by Clint Carlson held 140,095 shares of the consumer services company at the end of 2017Q3, valued at $14.97 million, up from 114,371 at the end of the previous reported quarter. The company has market cap of $11.15 billion. In the last 90 days, insiders acquired 1,850 shares of company stock worth $39,349 and sold 21,500 shares worth $452,685. The shares were sold at an average price of $21.25, for a total transaction of $53,125.00. Kansas City Southern (NYSE:KSU) has declined 0.27% since January 25, 2017 and is downtrending.
Investors sentiment decreased to 0.98 in 2017 Q3. The stock has a market cap of $557.33, a PE ratio of -17.06, a P/E/G ratio of 1.58 and a beta of 0.43. People s United Financial Inc. raised its stake in Mid-America Apartment Communities by 0.4% during the second quarter. 103.54 million shares or 0.77% more from 102.75 million shares in 2017Q2 were reported. It also reduced its holding in Onemain Hldgs Inc by 1.40 million shares in the quarter, leaving it with 600,000 shares, and cut its stake in Bwx Technologies Inc. Prudential Financial holds 0% or 3,712 shares in its portfolio. Insiders own 3.11% of the company's stock. Pnc Gru accumulated 0% or 11,140 shares.
Lourd Capital LLC bought a new position in Preferred Apartment Communities Inc. (NYSE:MAA) for 7,684 shares. Robert W. Baird restated a "buy" rating and set a $110.00 target price on shares of Mid-America Apartment Communities in a report on Friday, November 10th. (NYSE:MAA) for 10,200 shares. Tower Research Ltd Co (Trc) reported 926 shares stake.
A number of analysts recently issued reports on the company. (NYSE:MAA). Andra Ap reported 30,500 shares or 0.08% of all its holdings. Schwab Charles Mngmt holds 0.1% or 1.10M shares. Geode Mgmt Limited Liability Co holds 13,475 shares.
In related news, insider Michael Joseph Cronin sold 2,500 shares of the stock in a transaction that occurred on Monday, December 11th. Regent Invest Limited Com invested 0.2% in Mid-America Apartment Communities, Inc. Six analysts have made estimates for Mid-America Apartment Communities' earnings, with the lowest sales estimate coming in at $381.72 million and the highest estimate coming in at $390.12 million. (NYSE:MAA) to report earnings on February, 7. They expect $-0.15 EPS, up 46.43% or $0.13 from last year's $-0.28 per share. SATS's profit would be $10.53 million giving it 138.86 P/E if the $0.11 EPS is correct.
Preferred Apartment Communities, Inc is a real estate investment trust (REIT). Therefore 50% are positive.
Analysts await Mid-America Apartment Communities, Inc. STOCKERT DAVID P sold 6,872 shares worth $730,768. (NYSE:MAA) on Thursday, September 17 with "Market Perform" rating. As part of our business strategy, we may enter into forward purchase contracts or purchase options for to-be-built multifamily communities and we may make real estate related loans, provide deposit arrangements or provide performance assurances, as may be necessary or appropriate, in connection with the development of multifamily communities and other properties.??As a secondary strategy, we may acquire or originate senior mortgage loans, subordinate loans or real estate loans secured by interests in multifamily properties, membership or partnership interests in multifamily properties and other multifamily related assets and invest a lesser portion of our assets in other real estate related investments, including other income-producing property types, senior mortgage loans, subordinate loans or real estate loans secured by interests in other income-producing property types or membership or partnership interests in other income-producing property types as determined by Preferred Apartment Advisors, LLC, or our Manager, as appropriate for us. The firm earned "Hold" rating on Tuesday, November 10 by BB&T Capital. The rating was downgraded by KeyBanc Capital Markets to "Sector Weight" on Wednesday, December 16. The stock has "Neutral" rating by UBS on Monday, January 9. Finally, National Securities upped their price objective on shares of Preferred Apartment Communities from $20.00 to $26.00 and gave the stock a "buy" rating in a research note on Wednesday, November 29th. The company was upgraded on Thursday, October 20 by JMP Securities. The stock has "Buy" rating by Citigroup on Wednesday, August 17.
Since September 6, 2017, it had 0 buys, and 1 sale for $730,768 activity. (NYSE:MAA) for 2,450 shares. Alliancebernstein LP has 3.06 million shares. The rating was maintained by Mizuho on Monday, November 6 with "Hold". On Friday, August 18 the insider Stadler Mary K sold $471,211. Massachusetts-based Congress Asset Ma has invested 1.22% in Masco Corporation (NYSE:MAS). Its up 0.51, from 2.59 in 2017Q2. 26 funds opened positions while 49 raised stakes. Zurcher Kantonalbank (Zurich Cantonalbank) holds 22,648 shares. M&T Retail Bank Corporation has 25,000 shares. Gabelli Funds Lc holds 789,601 shares. Timber Hill Limited Liability Com reported 2,041 shares stake. Ameriprise Fin has 159,288 shares for 0% of their portfolio. Rampart Invest Ltd holds 0.05% or 4,056 shares in its portfolio. 135,000 were accumulated by Cypress Funds. Thompson Investment Management Inc., a Wisconsin-based fund reported 144,994 shares. Vident Inv Advisory Ltd Llc has 0.1% invested in EchoStar Corporation (NASDAQ:SATS). Gagnon Limited Liability Com reported 2.11 million shares stake. Leuthold Gp Ltd invested in 42,815 shares or 0.47% of the stock.