Pensionfund Sabic purchased a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,350 shares of the real estate investment trust’s stock, valued at approximately $1,021,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC acquired a new position in shares of Mid-America Apartment Communities in the second quarter valued at approximately $25,000. Tobam acquired a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $33,000. Sentry Investment Management LLC purchased a new position in Mid-America Apartment Communities in the 3rd quarter valued at approximately $36,000. Finally, United Community Bank grew its stake in shares of 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 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 other Mid-America Apartment Communities news, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. This represents a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have 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 Stock Performance
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last posted 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 prior year, the business earned $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. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.
Mid-America Apartment Communities Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Barclays cut their price objective on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a research report on Friday, March 6th. Citigroup lowered their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. BTIG Research reduced their price target on 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. Finally, Colliers Securities cut Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $150.05.
Check Out Our Latest Report on MAA
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.
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