Algebris UK Ltd. Raises Stock Position in Mid-America Apartment Communities, Inc. $MAA

Algebris UK Ltd. increased its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 27.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,098 shares of the real estate investment trust’s stock after acquiring an additional 28,528 shares during the quarter. Algebris UK Ltd.’s holdings in Mid-America Apartment Communities were worth $18,358,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tobam purchased a new stake in Mid-America Apartment Communities in the 3rd quarter worth $26,000. Physician Wealth Advisors Inc. increased its holdings in Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 75 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities in the 3rd quarter worth $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities in the 3rd quarter worth $36,000. Finally, United Community Bank increased its holdings in 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. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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. Insiders sold a total of 1,039 shares of company stock valued at $129,594 over the last ninety days. 0.60% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Price Performance

Shares of Mid-America Apartment Communities stock opened at $130.12 on Thursday. The business has a 50 day simple moving average of $126.24 and a two-hundred day simple moving average of $131.29. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $159.37. The stock has a market capitalization of $15.14 billion, a P/E ratio of 39.43 and a beta of 0.77. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same quarter last year, the firm earned $2.20 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. As a group, analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 185.45%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. KeyCorp reduced their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Wells Fargo & Company reduced their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Barclays increased their target price on Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. UBS Group reduced their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Finally, BTIG Research reduced their target price on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $145.00.

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.