B&I Capital AG grew its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 11.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,975 shares of the real estate investment trust’s stock after buying an additional 5,500 shares during the quarter. Mid-America Apartment Communities accounts for approximately 2.7% of B&I Capital AG’s investment portfolio, making the stock its 15th biggest holding. B&I Capital AG’s holdings in Mid-America Apartment Communities were worth $7,637,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of MAA. Viking Global Investors LP bought a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Mid-America Apartment Communities by 621.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after buying an additional 1,040,525 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $54,314,000. UBS Group AG raised its holdings in shares of Mid-America Apartment Communities by 65.7% in the 3rd quarter. UBS Group AG now owns 712,167 shares of the real estate investment trust’s stock worth $99,511,000 after purchasing an additional 282,278 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Mid-America Apartment Communities by 10.0% in the 3rd quarter. Invesco Ltd. now owns 2,019,861 shares of the real estate investment trust’s stock worth $282,235,000 after purchasing an additional 184,453 shares during the period. Institutional investors own 93.60% of the company’s stock.
Insider Activity
In other news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president directly owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 1,039 shares of company stock worth $129,594. Insiders own 1.20% of the company’s stock.
Mid-America Apartment Communities Stock Down 1.7%
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates 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 revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm 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 predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.
Mid-America Apartment Communities Dividend Announcement
The company 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. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Wednesday, April 15th. Mid-America Apartment Communities’s payout ratio is 161.90%.
Analyst Ratings Changes
MAA has been the topic of a number of research reports. Morgan Stanley lowered their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Truist Financial lowered their price target 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, March 31st. Barclays lowered their price target 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Finally, Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday, February 9th. 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. According to MarketBeat, Mid-America Apartment Communities presently has an average rating of “Hold” and a consensus target price of $149.74.
Get Our Latest Stock Analysis on Mid-America Apartment Communities
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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