Mid-America Apartment Communities, Inc. $MAA Shares Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC raised its position in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 23.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 203,658 shares of the real estate investment trust’s stock after acquiring an additional 38,777 shares during the quarter. Gotham Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $28,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MAA. Elevation Point Wealth Partners LLC bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at $25,000. Tobam bought a new stake in shares of Mid-America Apartment Communities during the third quarter valued at about $26,000. Sentry Investment Management LLC acquired a new stake in Mid-America Apartment Communities in the third quarter worth about $36,000. United Community Bank grew 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 in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in Mid-America Apartment Communities in the 2nd quarter valued at about $45,000. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MAA has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. BTIG Research lowered their price objective on shares of 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. Barclays dropped their target price on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a report on Friday, March 6th. Wells Fargo & Company decreased their price target on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Finally, Mizuho lifted their price target on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $150.16.

Check Out Our Latest Analysis on MAA

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $126.38 on Tuesday. The company has a 50-day moving average of $133.88 and a 200-day moving average of $135.03. The firm has a market cap of $14.77 billion, a price-to-earnings ratio of 33.43, a price-to-earnings-growth ratio of 2.11 and a beta of 0.79. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a twelve month low of $125.75 and a twelve month high of $169.42.

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

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a dividend of $1.53 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.8%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s dividend payout ratio is 161.90%.

Insiders Place Their Bets

In related news, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock worth $838,698 over the last 90 days. Insiders own 1.30% of the company’s stock.

About Mid-America Apartment Communities

(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.

See Also

Want to see what other hedge funds are holding MAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report).

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

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