Vanguard Group Inc. Has $2.59 Billion Position in Mid-America Apartment Communities, Inc. $MAA

Vanguard Group Inc. boosted its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 0.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,563,493 shares of the real estate investment trust’s stock after acquiring an additional 23,464 shares during the quarter. Vanguard Group Inc. owned approximately 0.16% of Mid-America Apartment Communities worth $2,593,877,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MAA. Tobam bought a new position in shares of Mid-America Apartment Communities during the 3rd quarter valued at $26,000. Phillips Wealth Planners LLC acquired a new position in Mid-America Apartment Communities during the third quarter worth $350,000. HighTower Advisors LLC increased its position in Mid-America Apartment Communities by 0.5% during the third quarter. HighTower Advisors LLC now owns 103,041 shares of the real estate investment trust’s stock worth $14,398,000 after buying an additional 533 shares during the last quarter. Aberdeen Group plc raised its holdings in Mid-America Apartment Communities by 3.1% during the third quarter. Aberdeen Group plc now owns 153,366 shares of the real estate investment trust’s stock valued at $21,258,000 after buying an additional 4,671 shares in the last quarter. Finally, TT Capital Management LLC lifted its position in shares of Mid-America Apartment Communities by 118.8% in the third quarter. TT Capital Management LLC now owns 8,610 shares of the real estate investment trust’s stock worth $1,203,000 after buying an additional 4,675 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adrian Hill acquired 758 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were purchased at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the acquisition, the executive vice president directly owned 48,766 shares in the company, valued at $6,428,821.78. This represents a 1.58% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold a total of 6,079 shares of company stock valued at $838,698 in the last quarter. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Citigroup lowered their price objective on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Truist Financial decreased their target price on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, November 10th. UBS Group lifted their price target on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their price objective for the stock from $150.00 to $158.00 in a research note on Friday, January 9th. Finally, Royal Bank Of Canada lowered their target price on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $153.55.

Mid-America Apartment Communities Trading Up 0.6%

Shares of MAA stock opened at $135.16 on Thursday. Mid-America Apartment Communities, Inc. has a 1 year low of $125.75 and a 1 year high of $173.38. The firm’s fifty day simple moving average is $135.45 and its 200 day simple moving average is $136.22. The firm has a market capitalization of $15.80 billion, a P/E ratio of 35.76, a price-to-earnings-growth ratio of 2.22 and a beta of 0.79. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.

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 analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same period last year, the company earned $2.23 earnings per share. Mid-America Apartment Communities’s revenue for the quarter was up 1.0% on a year-over-year basis. 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. As a group, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a dividend of $1.53 per share. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is presently 161.90%.

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.