Danske Bank A S Has $11.62 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Danske Bank A S boosted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 14.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 83,660 shares of the real estate investment trust’s stock after purchasing an additional 10,600 shares during the period. Danske Bank A S’s holdings in Mid-America Apartment Communities were worth $11,621,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Jennison Associates LLC boosted its position in Mid-America Apartment Communities by 3,112.4% during the fourth quarter. Jennison Associates LLC now owns 208,484 shares of the real estate investment trust’s stock valued at $28,961,000 after purchasing an additional 201,994 shares during the last quarter. Wealthfront Advisers LLC boosted its position in Mid-America Apartment Communities by 13.0% during the fourth quarter. Wealthfront Advisers LLC now owns 35,165 shares of the real estate investment trust’s stock valued at $4,885,000 after purchasing an additional 4,043 shares during the last quarter. Values First Advisors Inc. boosted its position in Mid-America Apartment Communities by 0.6% during the fourth quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock valued at $2,138,000 after purchasing an additional 93 shares during the last quarter. Certuity LLC acquired a new position in Mid-America Apartment Communities during the fourth quarter valued at approximately $213,000. Finally, M&T Bank Corp boosted its position in Mid-America Apartment Communities by 461.5% during the fourth quarter. M&T Bank Corp now owns 14,003 shares of the real estate investment trust’s stock valued at $1,946,000 after purchasing an additional 11,509 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 1,039 shares of company stock valued at $129,594. Company insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Mid-America Apartment Communities stock opened at $128.65 on Monday. The stock’s fifty day moving average price is $127.39 and its two-hundred day moving average price is $131.54. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $169.00. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The firm has a market cap of $15.04 billion, a PE ratio of 38.98 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter last year, the company earned $2.20 EPS. The company’s revenue was up .8% on a year-over-year basis. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. As a group, research analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were paid a $1.53 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. BTIG Research reduced their price target on 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. Morgan Stanley cut their price objective on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. KeyCorp cut their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Wells Fargo & Company cut their price objective on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. Finally, Colliers Securities cut Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and an average price target of $148.44.

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.