ABC Arbitrage SA Makes New $1.13 Million Investment in Mid-America Apartment Communities, Inc. $MAA

ABC Arbitrage SA acquired a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,056 shares of the real estate investment trust’s stock, valued at approximately $1,126,000.

A number of other large investors also recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC purchased a new stake in Mid-America Apartment Communities in the 2nd quarter valued at $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Mid-America Apartment Communities in the 2nd quarter valued at $26,000. Sentry Investment Management LLC acquired a new stake in shares of Mid-America Apartment Communities in the third quarter valued at about $36,000. United Community Bank boosted its stake in 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 worth $42,000 after purchasing an additional 270 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Mid-America Apartment Communities during the second quarter worth about $45,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday. Wall Street Zen cut shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Royal Bank Of Canada dropped their price objective 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. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. Finally, KeyCorp dropped their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday. Nine analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and an average price target of $153.84.

Check Out Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Price Performance

NYSE MAA opened at $136.04 on Thursday. The firm’s fifty day simple moving average is $135.12 and its two-hundred day simple moving average is $136.63. The firm has a market capitalization of $15.90 billion, a P/E ratio of 35.99, a P/E/G ratio of 2.26 and a beta of 0.79. The company has a current ratio of 0.10, a quick ratio of 0.06 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 $173.38.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its earnings results 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). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. During the same period in the previous year, the company earned $2.23 earnings per share. Mid-America Apartment Communities’s revenue was up 1.0% on a year-over-year basis. 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. Analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a $1.53 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is presently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities 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 completion of the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 6,079 shares of company stock valued at $838,698. 1.20% of the stock is owned by company insiders.

Mid-America Apartment Communities Company Profile

(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

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

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