Nomura Asset Management Co. Ltd. Purchases 8,724 Shares of Mid-America Apartment Communities, Inc. $MAA

Nomura Asset Management Co. Ltd. raised its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 4.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 216,565 shares of the real estate investment trust’s stock after buying an additional 8,724 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Mid-America Apartment Communities were worth $30,083,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Tobam bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at $26,000. Physician Wealth Advisors Inc. boosted its position 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 valued at $26,000 after buying an additional 75 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at $33,000. Sentry Investment Management LLC bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at $36,000. Finally, United Community Bank boosted its position 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 valued at $42,000 after buying an additional 270 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MAA shares. Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Cantor Fitzgerald decreased their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Truist Financial cut their price target on 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. BTIG Research cut 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 note on Monday, March 2nd. Finally, Citigroup cut their price target on Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. 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 data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $143.44.

Mid-America Apartment Communities Stock Performance

MAA stock opened at $128.24 on Tuesday. The business’s fifty day moving average is $126.74 and its 200-day moving average is $131.36. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market cap of $14.93 billion, a P/E ratio of 38.86 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $156.23.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business posted $2.20 EPS. 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. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

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 paid a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 185.45%.

Insider Activity

In other news, Director Tamara D. Fischer purchased 1,100 shares of the company’s 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 purchase, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were 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 directly owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their position. The SEC filing for this sale provides additional information. 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 worth $129,594 in the last three months. Company insiders own 0.60% of the company’s stock.

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.