Mid-America Apartment Communities, Inc. $MAA Shares Sold by Swedbank AB

Swedbank AB reduced its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 168,387 shares of the real estate investment trust’s stock after selling 19,680 shares during the quarter. Swedbank AB’s holdings in Mid-America Apartment Communities were worth $23,391,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MAA. Tobam acquired a new position in Mid-America Apartment Communities in the third quarter valued at approximately $26,000. Physician Wealth Advisors Inc. boosted its stake in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 75 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities in the third quarter valued at approximately $33,000. Sentry Investment Management LLC acquired a new position in Mid-America Apartment Communities in the third quarter valued at approximately $36,000. Finally, United Community Bank boosted its stake 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 valued at $42,000 after acquiring an additional 270 shares during the period. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, with a total value of $141,405.00. Following the completion of the acquisition, the director directly owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction that occurred 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 directly owned 4,471 shares in the company, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 three months, insiders have sold 1,039 shares of company stock worth $129,594. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. KeyCorp cut their price target on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Truist Financial cut their price target on Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Royal Bank Of Canada cut their price target on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a report on Friday, February 6th. Wall Street Zen raised Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Finally, Wells Fargo & Company cut their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $143.44.

Mid-America Apartment Communities Stock Performance

MAA opened at $131.20 on Tuesday. The business’s 50 day moving average is $126.37 and its 200-day moving average is $131.34. The stock has a market cap of $15.27 billion, a PE ratio of 39.76 and a beta of 0.77. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $156.76.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating 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 company had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. During the same quarter in the previous year, the company posted $2.20 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. 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, analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

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

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.