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Mid-America Apartment Communities, Inc. $MAA Stock Position Lowered by New York State Teachers Retirement System
New York State Teachers Retirement System reduced its stake in Mid-America Apartment Communities (MAA) by 13.8% in the fourth quarter of the previous year, now holding 90,683 shares valued at approximately $12.6 million. Despite this, MAA reported strong Q1 earnings, beating consensus estimates with $2.13 EPS, and announced a quarterly dividend of $1.53 per share, representing a 4.8% yield. Institutional investors collectively own about 93.6% of the company’s stock.