Northwestern Mutual Wealth Management Co. Has $5.35 Million Holdings in Mid-America Apartment Communities, Inc. $MAA

Northwestern Mutual Wealth Management Co. trimmed its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 12.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,482 shares of the real estate investment trust’s stock after selling 5,291 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Mid-America Apartment Communities were worth $5,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Values First Advisors Inc. increased its position in Mid-America Apartment Communities by 0.5% in the first quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after purchasing an additional 82 shares during the period. New Mexico Educational Retirement Board lifted its position in Mid-America Apartment Communities by 1.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after purchasing an additional 100 shares during the period. Larson Financial Group LLC lifted its position in Mid-America Apartment Communities by 1.5% during the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 102 shares during the period. World Investment Advisors boosted its stake in shares of Mid-America Apartment Communities by 5.3% in the 1st quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 110 shares during the last quarter. Finally, Hurley Capital LLC grew its position in shares of Mid-America Apartment Communities by 70.4% during the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 112 shares during the period. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

MAA opened at $128.44 on Friday. The company has a market capitalization of $14.90 billion, a price-to-earnings ratio of 37.56 and a beta of 0.73. The business’s 50-day moving average price is $134.08 and its two-hundred day moving average price is $131.29. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $146.41. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million during the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.Mid-America Apartment Communities’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.15 earnings per share. 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. Equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MAA has been the topic of several recent research reports. Piper Sandler reduced their price target on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Scotiabank decreased their target price on Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating for the company in a research report on Tuesday, August 4th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday, August 27th. Finally, Truist Financial boosted their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $144.69.

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.