Applied Capital LLC FL Makes New $569,000 Investment in Mid-America Apartment Communities, Inc. $MAA

Applied Capital LLC FL acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,096 shares of the real estate investment trust’s stock, valued at approximately $569,000.

Other large investors also recently bought and sold shares of the company. Tema Etfs LLC purchased a new position in Mid-America Apartment Communities during the fourth quarter worth about $194,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Mid-America Apartment Communities during the 4th quarter worth approximately $247,000. Allspring Global Investments Holdings LLC increased its position in Mid-America Apartment Communities by 6.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 16,164 shares of the real estate investment trust’s stock worth $2,249,000 after purchasing an additional 981 shares during the period. J. Safra Sarasin Holding AG purchased a new position in shares of Mid-America Apartment Communities during the 4th quarter worth approximately $634,000. Finally, Columbus Macro LLC raised its stake in shares of Mid-America Apartment Communities by 30.9% during the 4th quarter. Columbus Macro LLC now owns 74,404 shares of the real estate investment trust’s stock worth $10,335,000 after buying an additional 17,542 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares in the company, valued at approximately $6,876,251.35. The trade was a 9.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the transaction, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,079 shares of company stock valued at $838,698 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Morgan Stanley decreased their price target on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Citigroup cut their price target on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Cantor Fitzgerald upped their target price on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $149.74.

View Our Latest Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $122.53 on Thursday. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $169.00. The stock has a market cap of $14.32 billion, a PE ratio of 32.42 and a beta of 0.80. The business’s fifty day moving average price is $130.74 and its two-hundred day moving average price is $133.33. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The company had revenue of $555.56 million during the quarter, compared to analysts’ expectations 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 revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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, analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors 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 dividend on an annualized basis and a yield of 5.0%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.

About Mid-America Apartment Communities

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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