BNP Paribas Financial Markets Buys 56,224 Shares of Mid-America Apartment Communities, Inc. $MAA

BNP Paribas Financial Markets lifted its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 29.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 246,786 shares of the real estate investment trust’s stock after acquiring an additional 56,224 shares during the period. BNP Paribas Financial Markets’ holdings in Mid-America Apartment Communities were worth $34,281,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Appleton Partners Inc. MA bought a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $915,000. Quinn Opportunity Partners LLC raised its stake in shares of Mid-America Apartment Communities by 97.5% in the 3rd quarter. Quinn Opportunity Partners LLC now owns 199,500 shares of the real estate investment trust’s stock valued at $27,876,000 after acquiring an additional 98,500 shares in the last quarter. Algebris UK Ltd. raised its stake in shares of Mid-America Apartment Communities by 27.5% in the 4th quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust’s stock valued at $18,358,000 after acquiring an additional 28,528 shares in the last quarter. Symmetry Partners LLC bought a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at approximately $1,126,000. Finally, Bayhunt Capital LLC bought a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at approximately $8,619,000. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $132.77 on Thursday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.93. The firm has a market capitalization of $15.45 billion, a PE ratio of 40.23 and a beta of 0.76. The business’s 50 day moving average is $127.08 and its 200-day moving average is $131.36. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter last year, the firm earned $2.20 EPS. Mid-America Apartment Communities’s revenue for the quarter was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a yield of 4.6%. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MAA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday, March 27th. Morgan Stanley dropped their price target on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. Scotiabank reaffirmed a “sector underperform” rating and issued a $120.00 price target (down from $138.00) on shares of Mid-America Apartment Communities in a research report on Thursday, May 14th. Cantor Fitzgerald dropped their price target on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Finally, Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $143.44.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the sale, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. The trade was a 13.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Tamara D. Fischer purchased 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director owned 1,100 shares in the company, valued at $141,405. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 1,039 shares of company stock worth $129,594. 0.60% of the stock is owned by insiders.

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.