Squarepoint Ops LLC Buys 35,522 Shares of Mid-America Apartment Communities, Inc. $MAA

Squarepoint Ops LLC lifted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 73.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 84,017 shares of the real estate investment trust’s stock after acquiring an additional 35,522 shares during the quarter. Squarepoint Ops LLC’s holdings in Mid-America Apartment Communities were worth $11,673,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Values First Advisors Inc. lifted its holdings in Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after purchasing an additional 82 shares during the last quarter. New Mexico Educational Retirement Board grew its holdings in Mid-America Apartment Communities by 1.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 100 shares during the last quarter. Larson Financial Group LLC grew its holdings in Mid-America Apartment Communities by 1.5% during the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 102 shares during the last quarter. World Investment Advisors raised its position in shares of Mid-America Apartment Communities by 5.3% in the first quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 110 shares during the period. Finally, Hurley Capital LLC raised its position in shares of Mid-America Apartment Communities by 70.4% in the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 112 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Down 0.3%

Shares of Mid-America Apartment Communities stock opened at $127.55 on Thursday. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $145.80. The company’s fifty day simple moving average is $133.11 and its 200-day simple moving average is $131.09. The company has a market cap of $14.80 billion, a price-to-earnings ratio of 37.30 and a beta of 0.73. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, beating the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm had revenue of $555.13 million during the quarter, compared to analysts’ expectations of $556.18 million. During the same period in the prior year, the company earned $2.15 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. As a group, sell-side analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on MAA shares. UBS Group reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a report on Thursday, August 27th. JPMorgan Chase & Co. began coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 target price on the stock. Truist Financial boosted their target price on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Citigroup restated a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, September 2nd. Finally, Piper Sandler lowered their price target on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average target price of $143.94.

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.