Northwestern Mutual Wealth Management Co. Buys 7,214 Shares of Mid-America Apartment Communities, Inc. $MAA

Northwestern Mutual Wealth Management Co. grew its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 18.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,012 shares of the real estate investment trust’s stock after buying an additional 7,214 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Mid-America Apartment Communities were worth $6,392,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Physician Wealth Advisors Inc. increased its position in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 75 shares during the period. Blue Trust Inc. increased its position in shares of Mid-America Apartment Communities by 9.6% in the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 91 shares during the last quarter. Values First Advisors Inc. increased its position in shares of Mid-America Apartment Communities by 0.6% in the fourth quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock worth $2,138,000 after purchasing an additional 93 shares during the last quarter. Larson Financial Group LLC boosted its stake in Mid-America Apartment Communities by 1.5% in the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after buying an additional 102 shares in the last quarter. Finally, Profund Advisors LLC boosted its stake in Mid-America Apartment Communities by 7.1% in the third quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 108 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $128.82 on Wednesday. The stock has a fifty day moving average of $126.74 and a 200 day moving average of $131.36. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $155.36. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 39.04 and a beta of 0.76. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.20 earnings per share. 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. As a group, research analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

Insiders Place Their Bets

In related news, Director Tamara D. Fischer purchased 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. In the last quarter, insiders sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

MAA has been the subject of several research reports. Barclays upped their target price on Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. KeyCorp dropped their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Morgan Stanley dropped their price objective on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Finally, Wall Street Zen raised Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $143.44.

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.