BROOKFIELD Corp ON Lowers Position in Mid-America Apartment Communities, Inc. $MAA

BROOKFIELD Corp ON trimmed its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 32.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 137,385 shares of the real estate investment trust’s stock after selling 65,414 shares during the period. BROOKFIELD Corp ON’s holdings in Mid-America Apartment Communities were worth $16,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. State Street Corp raised its position in shares of Mid-America Apartment Communities by 1.6% in the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after acquiring an additional 125,130 shares in the last quarter. Norges Bank purchased a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at approximately $750,603,000. Viking Global Investors LP boosted its position in shares of Mid-America Apartment Communities by 46.7% during the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after purchasing an additional 1,234,966 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Mid-America Apartment Communities by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock valued at $473,977,000 after purchasing an additional 40,028 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Mid-America Apartment Communities by 6.7% in the fourth quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock worth $299,295,000 after purchasing an additional 134,739 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Transactions at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, for a total transaction 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Cantor Fitzgerald decreased their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Barclays increased their price target on shares of Mid-America Apartment Communities from $139.00 to $147.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a report on Wednesday, July 22nd. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $145.25.

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $133.82 on Monday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $152.35. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The business has a fifty day moving average price of $134.76 and a 200-day moving average price of $131.82. The company has a market capitalization of $15.57 billion, a PE ratio of 40.55 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The company had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. Mid-America Apartment Communities’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.20 EPS. 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, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued 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 185.45%.

Mid-America Apartment Communities 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.