Y Intercept Hong Kong Ltd Takes Position in Mid-America Apartment Communities, Inc. $MAA

Y Intercept Hong Kong Ltd bought a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 1st quarter, HoldingsChannel reports. The fund bought 12,011 shares of the real estate investment trust’s stock, valued at approximately $1,467,000.

A number of other hedge funds have also made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its position in Mid-America Apartment Communities by 65.2% in 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 in the last quarter. Values First Advisors Inc. increased its holdings in shares of Mid-America Apartment Communities by 0.5% during the first quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after buying an additional 82 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Mid-America Apartment Communities by 9.6% during the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 91 shares in the last quarter. New Mexico Educational Retirement Board raised its stake in shares of Mid-America Apartment Communities by 1.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after acquiring an additional 100 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of Mid-America Apartment Communities by 1.5% in the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after acquiring an additional 102 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of Mid-America Apartment Communities stock traded down $0.85 during midday trading on Friday, reaching $135.15. The company had a trading volume of 1,391,165 shares, compared to its average volume of 928,336. The stock has a fifty day simple moving average of $133.90 and a 200 day simple moving average of $132.20. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.93. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.73 billion, a price-to-earnings ratio of 40.96 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the company earned $2.20 EPS. 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, equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

Insider Transactions at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer purchased 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average price 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 in the company, valued at approximately $141,405. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MAA. Morgan Stanley increased their price target on Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Cantor Fitzgerald reduced their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Wells Fargo & Company decreased their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Mid-America Apartment Communities has a consensus rating of “Hold” and an average target price of $143.87.

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.