West Family Investments Inc. Takes $1.07 Million Position in Mid-America Apartment Communities, Inc. $MAA

West Family Investments Inc. acquired a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,697 shares of the real estate investment trust’s stock, valued at approximately $1,069,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd increased its holdings in Mid-America Apartment Communities by 466.5% during the fourth 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. Norges Bank bought a new position in shares of Mid-America Apartment Communities in the 4th quarter worth $750,603,000. BlackRock Inc. purchased a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth $1,820,661,000. Algebris UK Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 27.5% in 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 in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in Mid-America Apartment Communities by 4.2% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock valued at $30,083,000 after acquiring an additional 8,724 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on MAA shares. Wall Street Zen raised Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Morgan Stanley decreased their price objective on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. UBS Group reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday, August 27th. Wells Fargo & Company decreased their price objective on Mid-America Apartment Communities from $148.00 to $146.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. Finally, Jefferies Financial Group upgraded Mid-America Apartment Communities to a “hold” rating in a research note on Wednesday, July 22nd. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $143.94.

Mid-America Apartment Communities Price Performance

MAA traded down $0.28 during trading on Tuesday, hitting $128.04. The company’s stock had a trading volume of 976,540 shares, compared to its average volume of 979,437. The firm has a market capitalization of $14.86 billion, a price-to-earnings ratio of 37.44 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $145.80. The business’s fifty day simple moving average is $133.58 and its 200 day simple moving average is $131.20. 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 (NYSE:MAA) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The firm had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the firm posted $2.15 EPS. The business’s revenue was up 1.0% on a year-over-year basis. 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. On average, equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

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.