Capital International Inc. CA Raises Position in Mid-America Apartment Communities, Inc. $MAA

Capital International Inc. CA grew its stake in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 8.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,763 shares of the real estate investment trust’s stock after purchasing an additional 10,228 shares during the quarter. Capital International Inc. CA’s holdings in Mid-America Apartment Communities were worth $17,573,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings 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. Tobam purchased a new position in Mid-America Apartment Communities during the 3rd quarter worth $26,000. Sentry Investment Management LLC bought a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth $36,000. United Community Bank grew its stake in shares of Mid-America Apartment Communities by 1,000.0% in the 3rd 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 in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Mid-America Apartment Communities in the second quarter valued at about $45,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Down 1.6%

NYSE:MAA opened at $130.06 on Wednesday. The company has a market cap of $15.20 billion, a P/E ratio of 34.41, a P/E/G ratio of 2.20 and a beta of 0.79. The stock’s fifty day moving average price is $134.80 and its two-hundred day moving average price is $135.49. Mid-America Apartment Communities, Inc. has a 1 year low of $125.75 and a 1 year high of $169.42. 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 (NYSE:MAAGet Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share 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 company had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. During the same quarter last year, the firm posted $2.23 earnings per share. Mid-America Apartment Communities’s revenue for the quarter was up 1.0% compared to the same quarter last year. 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. As a group, analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were issued a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, January 15th. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

Insider Activity

In other 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 directly owned 3,799 shares in the company, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adrian Hill acquired 758 shares of Mid-America Apartment Communities stock in a transaction that occurred on Friday, December 12th. The shares were purchased at an average cost of $131.83 per share, with a total value of $99,927.14. Following the purchase, the executive vice president owned 48,766 shares of the company’s stock, valued at $6,428,821.78. This represents a 1.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 6,079 shares of company stock worth $838,698 over the last ninety days. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on MAA shares. Royal Bank Of Canada cut 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. BTIG Research dropped their target price on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Truist Financial cut their target price on Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating on the stock in a research note on Tuesday. Evercore reduced their target price on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a report on Monday, December 15th. Finally, Wells Fargo & Company decreased their price target on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $150.58.

View Our Latest Stock Report on MAA

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.

Further Reading

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

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