Delta Global Management LP Invests $2.24 Million in Mid-America Apartment Communities, Inc. $MAA

Delta Global Management LP acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the third quarter, HoldingsChannel reports. The fund acquired 16,019 shares of the real estate investment trust’s stock, valued at approximately $2,238,000.

Several other institutional investors also recently bought and sold shares of MAA. Norges Bank purchased a new stake in Mid-America Apartment Communities during the second quarter worth $795,893,000. Viking Global Investors LP purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Mid-America Apartment Communities by 621.0% in the 3rd 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 acquiring an additional 1,040,525 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Mid-America Apartment Communities by 461.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock worth $106,777,000 after acquiring an additional 593,020 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Mid-America Apartment Communities by 30.6% during the 2nd quarter. Invesco Ltd. now owns 1,835,408 shares of the real estate investment trust’s stock worth $271,659,000 after purchasing an additional 430,398 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the transaction, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. This represents a 5.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,079 shares of company stock worth $838,698. 1.30% of the stock is owned by insiders.

Mid-America Apartment Communities Trading Up 0.0%

Shares of NYSE:MAA opened at $126.38 on Tuesday. The business’s 50-day moving average is $133.88 and its 200 day moving average is $135.03. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. Mid-America Apartment Communities, Inc. has a 1 year low of $125.75 and a 1 year high of $169.42. The firm has a market capitalization of $14.77 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.11 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. During the same period in the prior year, the business posted $2.23 EPS. Mid-America Apartment Communities’s revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. On average, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were given a dividend of $1.53 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 annualized dividend and a yield of 4.8%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

Analyst Ratings Changes

Several equities analysts have issued reports on MAA shares. Mizuho lifted their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. BTIG Research decreased their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Wells Fargo & Company lowered their price target on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and an average target price of $150.16.

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.