Citigroup Inc. Has $34.75 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Citigroup Inc. increased its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 35.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 248,686 shares of the real estate investment trust’s stock after purchasing an additional 65,041 shares during the quarter. Citigroup Inc. owned approximately 0.21% of Mid-America Apartment Communities worth $34,749,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Wealth Management LLC bought a new stake in Mid-America Apartment Communities in the third quarter valued at approximately $203,000. Ontario Teachers Pension Plan Board increased its holdings in shares of Mid-America Apartment Communities by 47.6% during the 3rd quarter. Ontario Teachers Pension Plan Board now owns 42,701 shares of the real estate investment trust’s stock worth $5,967,000 after acquiring an additional 13,780 shares during the last quarter. Syon Capital LLC raised its stake in Mid-America Apartment Communities by 108.6% in the 3rd quarter. Syon Capital LLC now owns 3,865 shares of the real estate investment trust’s stock valued at $540,000 after acquiring an additional 2,012 shares during the period. Drucker Wealth 3.0 LLC raised its stake in Mid-America Apartment Communities by 105.0% in the 3rd quarter. Drucker Wealth 3.0 LLC now owns 4,574 shares of the real estate investment trust’s stock valued at $639,000 after acquiring an additional 2,343 shares during the period. Finally, NEOS Investment Management LLC lifted its holdings in Mid-America Apartment Communities by 66.7% during the 3rd quarter. NEOS Investment Management LLC now owns 23,605 shares of the real estate investment trust’s stock valued at $3,298,000 after purchasing an additional 9,441 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Analyst Upgrades and Downgrades

MAA has been the topic of several research reports. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating on the stock in a report on Monday, November 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Royal Bank Of Canada lowered their price target on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a report on Friday, February 6th. UBS Group boosted their price objective on Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Finally, Scotiabank downgraded Mid-America Apartment Communities from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the company from $146.00 to $142.00 in a research report on Friday, December 5th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $153.55.

Insider Buying and Selling

In other Mid-America Apartment Communities 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 transaction of $31,804.50. Following the sale, the executive vice president directly owned 3,799 shares in the company, valued at $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 is available at the SEC website. Also, EVP Adrian Hill bought 758 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the completion of the acquisition, the executive vice president owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 6,079 shares of company stock valued at $838,698 over the last quarter. 1.30% of the stock is owned by company insiders.

Mid-America Apartment Communities Stock Performance

Shares of NYSE:MAA opened at $134.03 on Wednesday. Mid-America Apartment Communities, Inc. has a 12-month low of $125.75 and a 12-month high of $173.38. The company’s 50 day moving average price is $135.55 and its two-hundred day moving average price is $135.99. The firm has a market cap of $15.67 billion, a PE ratio of 35.46, a PEG ratio of 2.21 and a beta of 0.79. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The business had revenue of $555.56 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. 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. Equities research analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

Mid-America Apartment Communities Company 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.