HighTower Advisors LLC lessened its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 96,301 shares of the real estate investment trust’s stock after selling 6,740 shares during the period. HighTower Advisors LLC’s holdings in Mid-America Apartment Communities were worth $13,377,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MAA. State Street Corp increased its stake 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 valued at $1,134,520,000 after purchasing an additional 125,130 shares in the last quarter. Viking Global Investors LP purchased a new position in Mid-America Apartment Communities in the 3rd quarter valued at $369,597,000. Northern Trust Corp lifted its stake in shares of Mid-America Apartment Communities by 1.2% in the third quarter. Northern Trust Corp now owns 2,145,203 shares of the real estate investment trust’s stock worth $299,749,000 after buying an additional 26,221 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 10.0% during the 3rd quarter. Invesco Ltd. now owns 2,019,861 shares of the real estate investment trust’s stock worth $282,235,000 after purchasing an additional 184,453 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Mid-America Apartment Communities by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,694,713 shares of the real estate investment trust’s stock worth $236,798,000 after buying an additional 9,197 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.
Mid-America Apartment Communities News Summary
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Director Tamara D. Fischer bought 1,100 shares at $128.55, which investors often view as a vote of confidence from management. Tamara Fischer Buys 1,100 Shares of Mid-America Apartment Communities (NYSE:MAA) Stock
- Positive Sentiment: Zacks Research nudged its FY2028 EPS estimate higher to $9.27 from $9.20, suggesting a slightly better long-term earnings outlook for the apartment REIT. Mid-America Apartment Communities stock page
- Positive Sentiment: Shareholders backed the board and pay plans at the annual meeting, reducing governance uncertainty for the company. Mid-America Apartment Shareholders Back Board and Pay Plans
- Neutral Sentiment: Several recent analyst notes made only small changes to near-term estimates, including modest adjustments to quarterly EPS forecasts and a slight increase in one long-dated forecast, which may not materially move the stock on their own.
- Negative Sentiment: Zacks Research cut FY2026 and FY2027 earnings estimates, along with several 2026–2027 quarterly forecasts, which could weigh on sentiment by signaling slower expected earnings growth in the next couple of years.
Mid-America Apartment Communities Price Performance
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) 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, beating analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. During the same quarter last year, the firm posted $2.20 EPS. The business’s revenue was up .8% compared to the same quarter last year. 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.
Mid-America Apartment Communities Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.
Insider Transactions at Mid-America Apartment Communities
In related news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the transaction, the executive vice president directly owned 4,471 shares in the company, valued at approximately $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Tamara D. Fischer purchased 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the transaction, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
MAA has been the subject of several analyst reports. Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. KeyCorp dropped their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday, March 27th. Wells Fargo & Company decreased their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Finally, Wall Street Zen raised Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $143.44.
View Our Latest Stock Analysis on Mid-America Apartment Communities
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.
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