NEOS Investment Management LLC Buys 3,950 Shares of Mid-America Apartment Communities, Inc. $MAA

NEOS Investment Management LLC boosted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,687 shares of the real estate investment trust’s stock after acquiring an additional 3,950 shares during the quarter. NEOS Investment Management LLC’s holdings in Mid-America Apartment Communities were worth $5,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Norges Bank purchased a new position in shares of Mid-America Apartment Communities in the fourth quarter worth $750,603,000. Swiss Life Asset Management Ltd boosted its position in Mid-America Apartment Communities by 466.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock valued at $6,310,000 after buying an additional 37,405 shares during the period. Algebris UK Ltd. boosted its position in Mid-America Apartment Communities by 27.5% during 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 buying an additional 28,528 shares during the period. BlackRock Inc. bought a new stake in Mid-America Apartment Communities in the 2nd quarter worth $1,820,661,000. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Mid-America Apartment Communities by 4.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock worth $30,083,000 after acquiring an additional 8,724 shares during the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MAA shares. BNP Paribas Exane raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Wells Fargo & Company cut their target price on Mid-America Apartment Communities from $148.00 to $146.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 1st. Cantor Fitzgerald reissued a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday, August 27th. Barclays reduced their price target on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating on the stock in a report on Monday, August 17th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $144.69.

Mid-America Apartment Communities Stock Up 0.0%

Shares of Mid-America Apartment Communities stock opened at $128.35 on Monday. 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, Inc. has a 12-month low of $120.30 and a 12-month high of $146.41. The company has a market cap of $14.89 billion, a P/E ratio of 37.53 and a beta of 0.73. The company’s fifty day simple moving average is $133.83 and its two-hundred day simple moving average is $131.24.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $0.76 by $1.32. The firm had revenue of $555.13 million during the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Mid-America Apartment Communities Company 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.