New Age Alpha Advisors LLC Decreases Stock Position in Mid-America Apartment Communities, Inc. $MAA

New Age Alpha Advisors LLC lessened its stake in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 16.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,799 shares of the real estate investment trust’s stock after selling 4,008 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Mid-America Apartment Communities were worth $2,750,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MAA. Viking Global Investors LP purchased a new position in Mid-America Apartment Communities in the 3rd quarter worth approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Mid-America Apartment Communities by 621.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after acquiring an additional 1,040,525 shares during the period. Balyasny Asset Management L.P. purchased a new position in Mid-America Apartment Communities in the 2nd quarter worth approximately $54,314,000. UBS Group AG boosted its holdings in Mid-America Apartment Communities by 65.7% in the 3rd quarter. UBS Group AG now owns 712,167 shares of the real estate investment trust’s stock worth $99,511,000 after acquiring an additional 282,278 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in Mid-America Apartment Communities by 1,766.5% in the 4th quarter. Teacher Retirement System of Texas now owns 286,189 shares of the real estate investment trust’s stock worth $39,755,000 after acquiring an additional 270,856 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $130.74 on Wednesday. The stock has a market cap of $15.22 billion, a P/E ratio of 39.62 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. The stock has a 50 day moving average of $126.46 and a 200-day moving average of $131.35. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $156.76.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The company had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $2.20 EPS. 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 expect that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

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

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the 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 directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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. Also, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was bought at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the transaction, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on MAA shares. UBS Group decreased their price target on 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. Citigroup decreased their price target on Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. BTIG Research decreased their price target on 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, Morgan Stanley reduced their target price on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Seven analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $143.44.

Check Out Our Latest Report on MAA

Mid-America Apartment Communities Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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