Mid-America Apartment Communities, Inc. $MAA Holdings Raised by Duff & Phelps Investment Management Co.

Duff & Phelps Investment Management Co. lifted its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 7.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 781,279 shares of the real estate investment trust’s stock after purchasing an additional 56,015 shares during the quarter. Mid-America Apartment Communities accounts for about 1.2% of Duff & Phelps Investment Management Co.’s investment portfolio, making the stock its 27th largest holding. Duff & Phelps Investment Management Co.’s holdings in Mid-America Apartment Communities were worth $109,168,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC acquired a new stake in shares of Mid-America Apartment Communities during the second quarter valued at approximately $25,000. Tobam acquired a new position in shares of Mid-America Apartment Communities in the third quarter worth $26,000. Sentry Investment Management LLC acquired a new position in Mid-America Apartment Communities in the 3rd quarter worth about $36,000. United Community Bank increased its holdings in Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 270 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Mid-America Apartment Communities during the 2nd quarter valued at $45,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on MAA shares. Evercore lowered their price objective on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a report on Monday, December 15th. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday, February 9th. BMO Capital Markets upgraded Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their price objective for the company from $150.00 to $158.00 in a research report on Friday, January 9th. BTIG Research dropped their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Finally, Cantor Fitzgerald increased their price objective on Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $150.58.

Insiders Place Their Bets

In related news, EVP Adrian Hill bought 758 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was bought at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the transaction, the executive vice president owned 48,766 shares of the company’s stock, 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 is available at this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 6,079 shares of company stock worth $838,698. Insiders own 1.20% of the company’s stock.

Mid-America Apartment Communities Stock Performance

MAA stock opened at $127.93 on Thursday. The stock has a market capitalization of $14.95 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 2.17 and a beta of 0.79. Mid-America Apartment Communities, Inc. has a fifty-two week low of $125.75 and a fifty-two week high of $169.42. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The company has a 50 day moving average price of $134.58 and a 200 day moving average price of $135.44.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly 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 firm had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the prior year, the business earned $2.23 EPS. Mid-America Apartment Communities’s revenue 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. Analysts forecast 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 declared 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 an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

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.