Mid-America Apartment Communities, Inc. $MAA Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lowered its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 6.0% during the third quarter, Holdings Channel reports. The fund owned 719,664 shares of the real estate investment trust’s stock after selling 45,975 shares during the quarter. Russell Investments Group Ltd.’s holdings in Mid-America Apartment Communities were worth $100,423,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Mid-America Apartment Communities by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after purchasing an additional 620 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Mid-America Apartment Communities in the second quarter valued at $65,000. Vestmark Advisory Solutions Inc. purchased a new stake in shares of Mid-America Apartment Communities in the second quarter valued at $205,000. Wedbush Securities Inc. acquired a new position in Mid-America Apartment Communities in the second quarter valued at $262,000. Finally, Aviva PLC increased its stake in Mid-America Apartment Communities by 1,834.7% in the second quarter. Aviva PLC now owns 87,274 shares of the real estate investment trust’s stock valued at $12,917,000 after purchasing an additional 82,763 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Morgan Stanley decreased their price target on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating on the stock in a research note on Thursday, November 13th. Evercore dropped their price objective on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a research note on Monday, December 15th. BTIG Research cut their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Scotiabank decreased their target price on shares of Mid-America Apartment Communities from $142.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $150.79.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Adrian Hill bought 758 shares of the stock in a transaction dated Friday, December 12th. The stock was acquired at an average price of $131.83 per share, for a total transaction of $99,927.14. Following the completion of the purchase, the executive vice president owned 48,766 shares in the company, valued at $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,079 shares of company stock valued at $838,698 over the last three months. 1.30% of the stock is owned by company insiders.

Mid-America Apartment Communities Price Performance

MAA opened at $132.15 on Tuesday. Mid-America Apartment Communities, Inc. has a 52-week low of $125.75 and a 52-week high of $171.56. The company has a 50 day moving average of $135.00 and a two-hundred day moving average of $135.58. The company has a market cap of $15.45 billion, a P/E ratio of 34.96, a P/E/G ratio of 2.21 and a beta of 0.79. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The business had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.23 EPS. 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. On average, analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share 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. Shareholders of record on Thursday, January 15th were given a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.6%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is 161.90%.

Mid-America Apartment Communities 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.