Avanza Fonder AB raised its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 52.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,677 shares of the real estate investment trust’s stock after acquiring an additional 4,728 shares during the quarter. Avanza Fonder AB’s holdings in Mid-America Apartment Communities were worth $1,900,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $25,000. Tobam bought a new position in Mid-America Apartment Communities during the third quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities in the third quarter worth $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities in the third quarter worth $36,000. Finally, United Community Bank raised its stake in shares of Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 270 shares during the period. 93.60% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
MAA has been the topic of a number of recent research reports. UBS Group upped their price target on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. BTIG Research lowered their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Barclays dropped their price objective on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a report on Friday, March 6th. Colliers Securities lowered shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Citigroup reduced their target price on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $150.05.
Mid-America Apartment Communities Price Performance
Mid-America Apartment Communities stock opened at $121.67 on Wednesday. The firm has a market capitalization of $14.22 billion, a P/E ratio of 32.19 and a beta of 0.79. Mid-America Apartment Communities, Inc. has a one year low of $121.07 and a one year high of $169.42. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The business has a fifty day moving average price of $132.44 and a 200-day moving average price of $134.17.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter 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. As a group, equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.
Mid-America Apartment Communities Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, April 15th. This represents a $6.12 annualized dividend and a dividend yield of 5.0%. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.
Insider Activity
In other news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president directly 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. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 6,079 shares of company stock worth $838,698. Company insiders own 1.30% of the company’s stock.
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.
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