The Manufacturers Life Insurance Company Acquires New Position in Mid-America Apartment Communities, Inc. $MAA

The Manufacturers Life Insurance Company acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 66,631 shares of the real estate investment trust’s stock, valued at approximately $9,258,000. The Manufacturers Life Insurance Company owned approximately 0.06% of Mid-America Apartment Communities as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Values First Advisors Inc. increased its holdings in shares of 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 valued at $1,889,000 after acquiring an additional 82 shares during the last quarter. New Mexico Educational Retirement Board lifted its stake 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 worth $750,000 after purchasing an additional 100 shares during the last quarter. Larson Financial Group LLC lifted its stake 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 worth $974,000 after purchasing an additional 102 shares during the last quarter. World Investment Advisors boosted its holdings in 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 worth $265,000 after purchasing an additional 110 shares during the period. Finally, Hurley Capital LLC increased its stake in Mid-America Apartment Communities by 70.4% during 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 last quarter. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Up 0.7%

Mid-America Apartment Communities stock opened at $129.63 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $146.41. The company has a 50-day simple moving average of $134.55 and a 200-day simple moving average of $131.49. The firm has a market capitalization of $15.04 billion, a P/E ratio of 37.90 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share 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 for the quarter, compared to the consensus estimate of $556.18 million. During the same period last year, the firm posted $2.15 EPS. Mid-America Apartment Communities’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, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on MAA shares. Mizuho raised their price target on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Wells Fargo & Company increased their price objective on shares of Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Citigroup reissued a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Finally, Piper Sandler lowered their target price on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $144.81.

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.