CIBC Asset Management Inc Has $13.63 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

CIBC Asset Management Inc lifted its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 12.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98,111 shares of the real estate investment trust’s stock after buying an additional 11,244 shares during the period. CIBC Asset Management Inc’s holdings in Mid-America Apartment Communities were worth $13,629,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. boosted its stake in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 75 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Mid-America Apartment Communities by 9.6% in the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after acquiring an additional 91 shares during the last quarter. Values First Advisors Inc. lifted its holdings in shares of Mid-America Apartment Communities by 0.6% in the fourth quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock worth $2,138,000 after acquiring an additional 93 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in shares of Mid-America Apartment Communities by 1.9% in 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 in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Mid-America Apartment Communities by 1.5% in 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 in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on MAA. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Truist Financial decreased their target price on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Wells Fargo & Company lowered their price target on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Citigroup dropped their price target on Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Colliers Securities lowered Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $143.44.

Insider Transactions at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer purchased 1,100 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was bought at an average price of $128.55 per share, with a total value of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares in the company, valued at approximately $141,405. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders sold a total of 1,039 shares of company stock worth $129,594 in the last quarter. Corporate insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Trading Up 3.3%

MAA opened at $136.94 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $153.93. The company’s 50 day moving average price is $127.39 and its two-hundred day moving average price is $131.40. The firm has a market capitalization of $15.94 billion, a price-to-earnings ratio of 41.50 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the previous year, the business earned $2.20 earnings per share. Mid-America Apartment Communities’s revenue 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. As a group, research 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. Shareholders of record on Wednesday, July 15th will be given a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is 185.45%.

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.