Aberdeen Group plc Cuts Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Aberdeen Group plc lowered its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,672 shares of the real estate investment trust’s stock after selling 4,694 shares during the quarter. Aberdeen Group plc owned approximately 0.13% of Mid-America Apartment Communities worth $20,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Tobam purchased a new position in Mid-America Apartment Communities in the 3rd quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Mid-America Apartment Communities in the third quarter worth about $33,000. Sentry Investment Management LLC acquired a new position in Mid-America Apartment Communities during the third quarter worth about $36,000. United Community Bank boosted its position in Mid-America Apartment Communities by 1,000.0% during the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 270 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in Mid-America Apartment Communities during the 2nd quarter valued at about $45,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Activity

In related news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president directly owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last three months, insiders sold 653 shares of company stock worth $88,662. 1.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on MAA shares. Scotiabank decreased their target price on shares of Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating on the stock in a research note on Monday, March 23rd. Royal Bank Of Canada dropped their price target on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Truist Financial reduced their price objective on Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. 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. Finally, Barclays dropped their target price on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $149.74.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $124.89 on Monday. The firm has a 50 day simple moving average of $130.33 and a 200-day simple moving average of $133.07. The stock has a market cap of $14.60 billion, a price-to-earnings ratio of 33.04 and a beta of 0.80. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $169.00.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million for 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 quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.23 EPS. 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 expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be issued 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 dividend yield of 4.9%. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

About Mid-America Apartment Communities

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.