Mid-America Apartment Communities, Inc. $MAA Shares Acquired by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. lifted its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 33.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 392,943 shares of the real estate investment trust’s stock after buying an additional 98,648 shares during the quarter. Crawford Investment Counsel Inc.’s holdings in Mid-America Apartment Communities were worth $54,906,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In related news, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at $6,876,251.35. This represents a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were 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 represents a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock worth $838,698 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. KeyCorp lowered their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and increased their target price for the stock from $150.00 to $158.00 in a report on Friday, January 9th. Mizuho raised their price target on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Wells Fargo & Company decreased their price target 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. Finally, Truist Financial dropped their price target on shares of Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating for the company in a research note on Tuesday, March 10th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $150.58.

Mid-America Apartment Communities Stock Performance

Shares of MAA opened at $126.36 on Friday. Mid-America Apartment Communities, Inc. has a 1 year low of $125.75 and a 1 year high of $169.42. The stock has a market capitalization of $14.77 billion, a PE ratio of 33.43, a PEG ratio of 2.10 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a 50-day simple moving average of $134.10 and a 200-day simple moving average of $135.22.

Mid-America Apartment Communities (NYSE:MAA) last released its 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). The firm had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.23 earnings per share. 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 predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company 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. 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%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s payout ratio is currently 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.