Wealth Enhancement Advisory Services LLC increased its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 43.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 103,348 shares of the real estate investment trust’s stock after purchasing an additional 31,497 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Mid-America Apartment Communities were worth $14,280,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after acquiring an additional 620 shares during the last quarter. Laurel Wealth Advisors LLC increased its position in Mid-America Apartment Communities by 14,702.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,401 shares of the real estate investment trust’s stock worth $1,095,000 after purchasing an additional 7,351 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Mid-America Apartment Communities by 8.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 2,890 shares of the real estate investment trust’s stock worth $428,000 after purchasing an additional 230 shares in the last quarter. Inceptionr LLC acquired a new stake in shares of Mid-America Apartment Communities during the 2nd quarter valued at about $247,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Mid-America Apartment Communities by 5.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 765,639 shares of the real estate investment trust’s stock valued at $113,302,000 after buying an additional 37,969 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.
Wall Street Analyst Weigh In
MAA has been the topic of several recent research reports. Cantor Fitzgerald raised their price objective on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and lifted their price objective for the company from $150.00 to $158.00 in a research note on Friday, January 9th. Royal Bank Of Canada decreased their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a report on Friday, February 6th. Finally, Citigroup cut their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $150.05.
Mid-America Apartment Communities Trading Up 0.4%
NYSE:MAA opened at $122.12 on Friday. The company’s 50 day moving average is $131.88 and its 200-day moving average is $134.00. 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, Inc. has a 12 month low of $121.07 and a 12 month high of $169.42. The firm has a market cap of $14.28 billion, a price-to-earnings ratio of 32.31 and a beta of 0.79.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the previous year, the firm posted $2.23 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. 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 analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.
Mid-America Apartment Communities Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a $1.53 dividend. 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 is currently 161.90%.
Insider Buying and Selling at Mid-America Apartment Communities
In other news, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president owned 49,745 shares in the company, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. This trade represents a 5.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,079 shares of company stock worth $838,698. 1.20% of the stock is currently owned by corporate insiders.
About Mid-America Apartment Communities
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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