As Mid America Apartment Comm (MAA) Valuation Declined, New Mexico Educational Retirement Board Has Decreased Its Holding by $1.53 Million; As Centerpoint Energy (CNP) Share Price Declined, Diam Company LTD Decreased by $343,196 Its Holding

May 22, 2018 - By Adrian Erickson

CenterPoint Energy, Inc. (NYSE:CNP) Logo

New Mexico Educational Retirement Board decreased its stake in Mid America Apartment Comm (MAA) by 58.47% based on its latest 2017Q4 regulatory filing with the SEC. New Mexico Educational Retirement Board sold 15,344 shares as the company’s stock declined 11.58% with the market. The institutional investor held 10,900 shares of the consumer services company at the end of 2017Q4, valued at $1.10 million, down from 26,244 at the end of the previous reported quarter. New Mexico Educational Retirement Board who had been investing in Mid America Apartment Comm for a number of months, seems to be less bullish one the $10.52B market cap company. The stock increased 0.73% or $0.65 during the last trading session, reaching $89.24. About 319,653 shares traded. Mid-America Apartment Communities, Inc. (NYSE:MAA) has declined 12.81% since May 22, 2017 and is downtrending. It has underperformed by 24.36% the S&P500.

Diam Company Ltd decreased its stake in Centerpoint Energy Inc (CNP) by 1.56% based on its latest 2017Q4 regulatory filing with the SEC. Diam Company Ltd sold 12,257 shares as the company’s stock declined 3.49% with the market. The institutional investor held 771,688 shares of the public utilities company at the end of 2017Q4, valued at $21.89 million, down from 783,945 at the end of the previous reported quarter. Diam Company Ltd who had been investing in Centerpoint Energy Inc for a number of months, seems to be less bullish one the $10.97 billion market cap company. The stock increased 0.77% or $0.195 during the last trading session, reaching $25.415. About 1.15 million shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has declined 2.17% since May 22, 2017 and is downtrending. It has underperformed by 13.72% the S&P500.

Among 19 analysts covering Mid-America Apartment Communities (NYSE:MAA), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Mid-America Apartment Communities had 82 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, October 3 report. The firm has “Outperform” rating given on Tuesday, October 20 by Raymond James. The firm has “Overweight” rating by Barclays Capital given on Monday, March 27. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) has “Hold” rating given on Wednesday, June 8 by Jefferies. The company was upgraded on Tuesday, August 25 by Zacks. The company was upgraded on Tuesday, December 13 by RBC Capital Markets. As per Wednesday, December 16, the company rating was downgraded by KeyBanc Capital Markets. The firm earned “Buy” rating on Friday, October 20 by RBC Capital Markets. BMO Capital Markets maintained the shares of MAA in report on Tuesday, January 9 with “Hold” rating. The firm has “Buy” rating given on Friday, August 19 by SunTrust.

New Mexico Educational Retirement Board, which manages about $2.64 billion US Long portfolio, upped its stake in Cisco Systems Inc (NASDAQ:CSCO) by 21,300 shares to 480,624 shares, valued at $18.41M in 2017Q4, according to the filing. It also increased its holding in Mastercard Inc A (NYSE:MA) by 4,900 shares in the quarter, for a total of 89,710 shares, and has risen its stake in Alphabet Inc Cl C.

Analysts await Mid-America Apartment Communities, Inc. (NYSE:MAA) to report earnings on July, 25. They expect $1.48 earnings per share, 0.00% or $0.00 from last year’s $1.48 per share. MAA’s profit will be $174.54 million for 15.07 P/E if the $1.48 EPS becomes a reality. After $1.44 actual earnings per share reported by Mid-America Apartment Communities, Inc. for the previous quarter, Wall Street now forecasts 2.78% EPS growth.

Investors sentiment increased to 1.12 in Q4 2017. Its up 0.06, from 1.06 in 2017Q3. It is positive, as 33 investors sold MAA shares while 129 reduced holdings. 54 funds opened positions while 128 raised stakes. 105.01 million shares or 1.42% more from 103.54 million shares in 2017Q3 were reported. Hl Fincl Svcs Ltd Llc reported 0.01% in Mid-America Apartment Communities, Inc. (NYSE:MAA). Moreover, X Management Com Ltd Liability Corporation has 0.01% invested in Mid-America Apartment Communities, Inc. (NYSE:MAA). Balyasny Asset Mngmt Limited Liability reported 186,918 shares. Quantitative Systematic Strategies Ltd Limited Liability Company has invested 0.08% in Mid-America Apartment Communities, Inc. (NYSE:MAA). Utah Retirement owns 24,921 shares. 49,487 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Zwj Counsel holds 3,854 shares. Etrade Ltd Llc owns 0.03% invested in Mid-America Apartment Communities, Inc. (NYSE:MAA) for 8,632 shares. Caisse De Depot Et Placement Du Quebec has 11,200 shares. Alexandria Capital Ltd Com invested 0.52% in Mid-America Apartment Communities, Inc. (NYSE:MAA). Amica Mutual Ins Company stated it has 5,767 shares or 0.06% of all its holdings. Hightower Advisors Limited Company holds 0% or 5,635 shares in its portfolio. Employees Retirement Association Of Colorado has 23,959 shares. Fifth Third Retail Bank owns 1,949 shares for 0% of their portfolio. Ngam Advisors Ltd Partnership holds 24,795 shares.

Since February 21, 2018, it had 0 insider purchases, and 1 sale for $622,403 activity.

More recent Mid-America Apartment Communities, Inc. (NYSE:MAA) news were published by: Seekingalpha.com which released: “Mid-America Apartment Communities’ (MAA) CEO Eric Bolton on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018. Also Prnewswire.com published the news titled: “This Morning’s Research Reports on REIT Stocks — Mid-America Apartment Communities, New Residential Investment …” on April 23, 2018. Prnewswire.com‘s news article titled: “MAA Announces Pricing of Senior Unsecured Notes Offering” with publication date: May 07, 2018 was also an interesting one.

Diam Company Ltd, which manages about $45.33B US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 112,764 shares to 1.56M shares, valued at $78.79 million in 2017Q4, according to the filing. It also increased its holding in Klx Inc by 4,747 shares in the quarter, for a total of 27,855 shares, and has risen its stake in Ecolab Inc (NYSE:ECL).

Among 14 analysts covering CenterPoint (NYSE:CNP), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 21% are positive. CenterPoint had 42 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Thursday, October 12 with “Neutral”. As per Monday, April 2, the company rating was maintained by SunTrust. Credit Suisse upgraded the shares of CNP in report on Wednesday, May 9 to “Outperform” rating. On Tuesday, January 12 the stock rating was maintained by Argus Research with “Buy”. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Buy” rating by Deutsche Bank on Monday, May 7. The stock has “Hold” rating by RBC Capital Markets on Sunday, September 10. The stock of CenterPoint Energy, Inc. (NYSE:CNP) earned “Neutral” rating by Credit Suisse on Monday, August 14. The firm earned “Hold” rating on Tuesday, August 11 by Deutsche Bank. Goldman Sachs upgraded it to “Neutral” rating and $21 target in Monday, May 9 report. The stock of CenterPoint Energy, Inc. (NYSE:CNP) has “Neutral” rating given on Monday, March 7 by SunTrust.

Since January 2, 2018, it had 0 buys, and 8 sales for $3.20 million activity. Another trade for 43,363 shares valued at $1.18M was made by CARROLL MILTON on Wednesday, February 28. Another trade for 3,200 shares valued at $84,432 was sold by Pound Ted.

More news for CenterPoint Energy, Inc. (NYSE:CNP) were recently published by: Seekingalpha.com, which released: “CenterPoint Energy On Point In 2018” on April 30, 2018. Seekingalpha.com‘s article titled: “Dissecting CenterPoint’s Acquisition Of Vectren Corp.” and published on April 24, 2018 is yet another important article.

Mid-America Apartment Communities, Inc. (NYSE:MAA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: