Mid-America Apartment Communities, Inc. $MAA Stake Reduced by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC decreased its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,771,029 shares of the real estate investment trust’s stock after selling 37,780 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.51% of Mid-America Apartment Communities worth $247,466,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new stake in Mid-America Apartment Communities during the second quarter worth approximately $25,000. Tobam bought a new position in shares of Mid-America Apartment Communities in the third quarter valued at $26,000. Sentry Investment Management LLC bought a new position in shares of Mid-America Apartment Communities in the third quarter valued at $36,000. United Community Bank lifted its position in shares of Mid-America Apartment Communities by 1,000.0% during the 3rd quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 270 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Mid-America Apartment Communities during the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of Mid-America Apartment Communities stock opened at $130.06 on Wednesday. The stock has a market cap of $15.20 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 2.20 and a beta of 0.79. The business has a fifty day simple moving average of $134.80 and a 200-day simple moving average of $135.49. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a 12 month low of $125.75 and a 12 month high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). The business had revenue of $555.56 million for the quarter, compared to analyst estimates of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. On average, sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a $1.53 dividend. The ex-dividend date was Thursday, January 15th. This represents a $6.12 annualized dividend and a yield of 4.7%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

Insiders Place Their Bets

In other news, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total value of $750,035.98. Following the transaction, the executive vice president directly owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Amber Fairbanks sold 233 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This represents a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock worth $838,698 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MAA. Scotiabank cut their target price on Mid-America Apartment Communities from $142.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Cantor Fitzgerald increased their price target on Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. KeyCorp dropped their price target on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Citigroup cut their price objective on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, BTIG Research reduced their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $150.58.

Mid-America Apartment Communities Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.