Dimensional Fund Advisors LP Grows Stake in Mid-America Apartment Communities, Inc. $MAA

Dimensional Fund Advisors LP grew its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,694,713 shares of the real estate investment trust’s stock after acquiring an additional 9,197 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Mid-America Apartment Communities were worth $236,798,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Appleton Partners Inc. MA bought a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth $915,000. Norges Bank bought a new position in shares of Mid-America Apartment Communities during the second quarter valued at $795,893,000. Algebris UK Ltd. purchased a new stake in shares of Mid-America Apartment Communities during the third quarter valued at $14,461,000. Allworth Financial LP boosted its position in shares of Mid-America Apartment Communities by 33.1% during the second quarter. Allworth Financial LP now owns 30,112 shares of the real estate investment trust’s stock valued at $4,457,000 after buying an additional 7,481 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in Mid-America Apartment Communities by 85.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust’s stock worth $4,002,000 after buying an additional 13,198 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the completion of the sale, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. The trade was a 9.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,079 shares of company stock worth $838,698 in the last three months. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on MAA. Morgan Stanley decreased their target price on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Truist Financial reduced their price target on shares of Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Mizuho boosted their price objective on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Citigroup dropped their target price on shares of 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. Finally, Wells Fargo & Company cut their target price on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $152.75.

Check Out Our Latest Stock Report on MAA

Mid-America Apartment Communities News Roundup

Here are the key news stories impacting Mid-America Apartment Communities this week:

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $132.76 on Friday. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $15.52 billion, a PE ratio of 35.12, a price-to-earnings-growth ratio of 2.21 and a beta of 0.79. The firm’s 50 day moving average price is $135.14 and its 200-day moving average price is $135.69. Mid-America Apartment Communities, Inc. has a twelve month low of $125.75 and a twelve month high of $171.56.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same quarter last year, the firm posted $2.23 earnings per share. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. 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. Equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a $1.53 dividend. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

Mid-America Apartment Communities Profile

(Free Report)

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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Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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