Capital International Inc. CA Acquires 10,228 Shares of Mid-America Apartment Communities, Inc. $MAA

Capital International Inc. CA lifted its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 8.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 125,763 shares of the real estate investment trust’s stock after purchasing an additional 10,228 shares during the period. Capital International Inc. CA owned 0.11% of Mid-America Apartment Communities worth $17,573,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Mid-America Apartment Communities by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock worth $2,744,110,000 after purchasing an additional 101,397 shares during the last quarter. State Street Corp lifted its holdings in Mid-America Apartment Communities by 2.0% during the 2nd quarter. State Street Corp now owns 7,994,245 shares of the real estate investment trust’s stock worth $1,183,228,000 after buying an additional 159,278 shares during the period. Norges Bank bought a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at about $795,893,000. Geode Capital Management LLC grew its position in shares of Mid-America Apartment Communities by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 3,315,620 shares of the real estate investment trust’s stock valued at $488,867,000 after buying an additional 54,063 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of Mid-America Apartment Communities by 0.8% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,209,030 shares of the real estate investment trust’s stock valued at $326,959,000 after buying an additional 17,074 shares during the period. Institutional investors own 93.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MAA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Royal Bank Of Canada decreased their target price on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Evercore lowered their price target on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a report on Monday, December 15th. UBS Group boosted their price target on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Wells Fargo & Company reduced their price objective on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $150.58.

Get Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Down 1.6%

Shares of NYSE:MAA opened at $130.06 on Wednesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities, Inc. has a 52-week low of $125.75 and a 52-week high of $169.42. The business’s 50 day simple moving average is $134.80 and its two-hundred day simple moving average is $135.49. The firm has a market cap of $15.20 billion, a P/E ratio of 34.41, a PEG ratio of 2.20 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the prior year, the firm earned $2.23 EPS. The company’s revenue was up 1.0% compared to the same quarter last year. 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. As a group, research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were issued a dividend of $1.53 per share. The ex-dividend date was Thursday, January 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, EVP Adrian Hill acquired 758 shares of the company’s stock in a transaction on Friday, December 12th. The shares were purchased at an average cost of $131.83 per share, with a total value of $99,927.14. Following the completion of the purchase, the executive vice president owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the transaction, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. This represents a 5.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 6,079 shares of company stock worth $838,698. Insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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