Thrivent Financial for Lutherans Grows Holdings in Mid-America Apartment Communities, Inc. $MAA

Thrivent Financial for Lutherans grew its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 204.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 24,205 shares of the real estate investment trust’s stock after acquiring an additional 16,248 shares during the period. Thrivent Financial for Lutherans’ holdings in Mid-America Apartment Communities were worth $3,362,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tobam purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $26,000. Physician Wealth Advisors Inc. raised its stake in shares of 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 valued at $26,000 after acquiring an additional 75 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Sentry Investment Management LLC purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $36,000. Finally, United Community Bank raised 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 valued at $42,000 after acquiring an additional 270 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MAA has been the topic of a number of research analyst reports. Wells Fargo & Company reduced their price target on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Barclays boosted their price target on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Finally, Truist Financial cut their target price on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $143.44.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $131.20 on Friday. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $156.76. The firm’s 50 day moving average price is $126.30 and its 200 day moving average price is $131.30. The company has a market cap of $15.27 billion, a P/E ratio of 39.76 and a beta of 0.77. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same period in the prior year, the firm earned $2.20 EPS. The firm’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. On average, research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

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

More Mid-America Apartment Communities News

Here are the key news stories impacting Mid-America Apartment Communities this week:

• Positive Sentiment: Director Tamara D. Fischer bought 1,100 shares at $128.55, which investors often view as a vote of confidence from management. Tamara Fischer Buys 1,100 Shares of Mid-America Apartment Communities (NYSE:MAA) Stock
• Positive Sentiment: Zacks Research nudged its FY2028 EPS estimate higher to $9.27 from $9.20, suggesting a slightly better long-term earnings outlook for the apartment REIT. Mid-America Apartment Communities stock page
• Positive Sentiment: Shareholders backed the board and pay plans at the annual meeting, reducing governance uncertainty for the company. Mid-America Apartment Shareholders Back Board and Pay Plans
• Neutral Sentiment: Several recent analyst notes made only small changes to near-term estimates, including modest adjustments to quarterly EPS forecasts and a slight increase in one long-dated forecast, which may not materially move the stock on their own.
• Negative Sentiment: Zacks Research cut FY2026 and FY2027 earnings estimates, along with several 2026–2027 quarterly forecasts, which could weigh on sentiment by signaling slower expected earnings growth in the next couple of years.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the transaction, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. The trade was a 13.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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. Also, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction on Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, with a total value of $141,405.00. Following the acquisition, the director directly owned 1,100 shares in the company, valued at $141,405. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 1,039 shares of company stock valued at $129,594 in the last quarter. 0.60% of the stock is currently owned by company insiders.

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.