Jupiter Topco LLC Buys New Stake in Mid-America Apartment Communities, Inc. $MAA

Jupiter Topco LLC purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 345,960 shares of the real estate investment trust’s stock, valued at approximately $48,069,000.

A number of other hedge funds also recently bought and sold shares of the business. Elevation Wealth Partners LLC lifted its position in Mid-America Apartment Communities by 593.1% during the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 172 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth about $32,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth about $33,000. Hurley Capital LLC raised its position in shares of Mid-America Apartment Communities by 70.4% during the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 112 shares in the last quarter. Finally, Root Financial Partners LLC raised its position in shares of Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 279 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

MAA stock opened at $128.91 on Friday. The stock has a market cap of $14.96 billion, a PE ratio of 37.69 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $146.41. The company has a 50-day moving average price of $134.60 and a 200 day moving average price of $131.50. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. The company 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 firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.15 EPS. 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. Equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on MAA. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “hold” rating in a research report on Wednesday, July 22nd. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday. Morgan Stanley dropped their target price on Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. Finally, Piper Sandler cut their target price 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. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and an average price target of $144.81.

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.