Swiss Life Asset Management Ltd Has $1.12 Million Stock Position in Mid-America Apartment Communities, Inc. $MAA

Swiss Life Asset Management Ltd lowered its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 59.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,019 shares of the real estate investment trust’s stock after selling 11,740 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Mid-America Apartment Communities were worth $1,120,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC purchased a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth about $25,000. Tobam acquired a new position in Mid-America Apartment Communities in the third quarter worth approximately $26,000. Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities during the third quarter valued at approximately $33,000. Sentry Investment Management LLC bought a new position in Mid-America Apartment Communities during the third quarter valued at approximately $36,000. Finally, United Community Bank lifted its stake in Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 270 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MAA. Colliers Securities lowered shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Wells Fargo & Company decreased their price objective on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. KeyCorp lowered their target price on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. BTIG Research reduced their price target on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Finally, Barclays decreased their price target on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $150.05.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $518,563.50. This trade represents a 5.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares in the company, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 6,079 shares of company stock valued at $838,698. 1.30% of the stock is owned by corporate insiders.

Mid-America Apartment Communities Price Performance

NYSE MAA opened at $122.42 on Tuesday. Mid-America Apartment Communities, Inc. has a 1 year low of $121.22 and a 1 year high of $169.42. The company has a fifty day simple moving average of $132.70 and a 200 day simple moving average of $134.34. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The company has a market cap of $14.31 billion, a P/E ratio of 32.39 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results 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 return on equity of 7.44% and a net margin of 20.23%.The firm had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter last year, the business earned $2.23 EPS. The business’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. On average, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be given a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

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.