North Dakota State Investment Board Acquires New Holdings in Mid-America Apartment Communities, Inc. $MAA

North Dakota State Investment Board acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,990 shares of the real estate investment trust’s stock, valued at approximately $554,000.

A number of other large investors have also added to or reduced their stakes in the business. State Street Corp raised its holdings in Mid-America Apartment Communities by 1.6% in the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after buying an additional 125,130 shares during the last quarter. Viking Global Investors LP bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at approximately $369,597,000. Northern Trust Corp raised its holdings in Mid-America Apartment Communities by 1.2% in the 3rd quarter. Northern Trust Corp now owns 2,145,203 shares of the real estate investment trust’s stock valued at $299,749,000 after buying an additional 26,221 shares during the last quarter. Invesco Ltd. raised its holdings in Mid-America Apartment Communities by 10.0% in the 3rd quarter. Invesco Ltd. now owns 2,019,861 shares of the real estate investment trust’s stock valued at $282,235,000 after buying an additional 184,453 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Mid-America Apartment Communities by 0.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,694,713 shares of the real estate investment trust’s stock valued at $236,798,000 after buying an additional 9,197 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of the stock in a transaction dated Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 sale, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold a total of 1,039 shares of company stock worth $129,594 over the last quarter. Company insiders own 0.60% of the company’s stock.

Key Stories Impacting Mid-America Apartment Communities

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

• Positive Sentiment: Director Tamara D. Fischer bought 1,100 shares of Mid-America Apartment Communities at $128.55 per share, a sign of insider confidence in the REIT’s outlook.
• Positive Sentiment: Shareholders backed the company’s board and pay plans at the 2026 annual meeting, reducing near-term governance uncertainty. Article Title
• Neutral Sentiment: The company declared a quarterly dividend of $1.53 per share, reinforcing its income appeal for REIT investors.
• Neutral Sentiment: Brokerage coverage remained broadly cautious, with a consensus “Hold” rating on the stock. Article Title
• Negative Sentiment: Zacks Research trimmed multiple earnings estimates for MAA, including FY2026 to $8.47 from $8.56 and FY2027 to $8.68 from $8.73, signaling slightly softer expectations for near-term profitability.
• Negative Sentiment: The same analyst also lowered quarterly forecasts across Q2 2026, Q3 2026, Q4 2026, Q1 2027 and Q2 2027, which may reinforce concerns about slowing earnings momentum.

Wall Street Analysts Forecast Growth

MAA has been the subject of several analyst reports. UBS Group lowered their price target on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Cantor Fitzgerald lowered their price target on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. BTIG Research lowered 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 report on Monday, March 2nd. Finally, Scotiabank restated a “sector underperform” rating and set a $120.00 price target (down from $138.00) on shares of Mid-America Apartment Communities in a report on Thursday, May 14th. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Mid-America Apartment Communities has a consensus rating of “Hold” and a consensus price target of $143.44.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $129.99 on Friday. The company has a market cap of $15.13 billion, a price-to-earnings ratio of 39.39 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $157.57. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The firm has a 50 day moving average of $126.24 and a 200-day moving average of $131.30.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. During the same quarter last year, the firm posted $2.20 EPS. The company’s quarterly 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. On average, equities analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

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.