GSA Capital Partners LLP Buys Shares of 5,092 Mid-America Apartment Communities, Inc. $MAA

GSA Capital Partners LLP purchased a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,092 shares of the real estate investment trust’s stock, valued at approximately $707,000.

Several other hedge funds have also recently modified their holdings of MAA. Norges Bank bought a new position in shares of Mid-America Apartment Communities during the fourth quarter valued at approximately $750,603,000. Viking Global Investors LP bought a new position in Mid-America Apartment Communities in the third quarter worth approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after buying an additional 1,040,525 shares in the last quarter. Millennium Management LLC raised its stake in Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after buying an additional 715,209 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after buying an additional 474,989 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Up 1.0%

NYSE:MAA opened at $131.47 on Thursday. The stock has a market capitalization of $15.25 billion, a price-to-earnings ratio of 38.44 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $146.41. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average of $135.14 and a 200 day moving average of $131.55.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.15 earnings per share. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. As a group, sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

MAA has been the topic of several recent research reports. Mizuho increased their target price on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Morgan Stanley decreased their price objective on Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. Piper Sandler dropped their price objective on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Finally, UBS Group cut their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $144.81.

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.