Capital World Investors Lowers Stake in Mid-America Apartment Communities, Inc. $MAA

Capital World Investors lowered its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 97.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 229,144 shares of the real estate investment trust’s stock after selling 7,642,098 shares during the period. Capital World Investors’ holdings in Mid-America Apartment Communities were worth $31,830,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Physician Wealth Advisors Inc. boosted its position in Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 75 shares during the period. Blue Trust Inc. boosted its position in Mid-America Apartment Communities by 9.6% in the 4th quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock valued at $145,000 after buying an additional 91 shares during the period. Values First Advisors Inc. boosted its position in Mid-America Apartment Communities by 0.6% in the 4th quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock valued at $2,138,000 after buying an additional 93 shares during the period. New Mexico Educational Retirement Board boosted its position in Mid-America Apartment Communities by 1.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after buying an additional 100 shares during the period. Finally, Larson Financial Group LLC boosted its position in Mid-America Apartment Communities by 1.5% in the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after buying an additional 102 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insiders Place Their Bets

In other news, Director Tamara D. Fischer acquired 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director owned 1,100 shares of the company’s stock, valued at $141,405. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of 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. 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. Insiders sold a total of 1,039 shares of company stock worth $129,594 over the last 90 days. Company insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $138.75 on Wednesday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $153.93. The firm’s fifty day simple moving average is $128.37 and its 200-day simple moving average is $131.56. The firm has a market capitalization of $16.15 billion, a price-to-earnings ratio of 42.04 and a beta of 0.76. 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 (NYSE:MAA) last announced its quarterly earnings data 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 net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same period last year, the business 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. Equities analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on MAA shares. UBS Group decreased 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 research report on Thursday, May 14th. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Truist Financial decreased their price target on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. KeyCorp decreased their price target on shares of 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. Finally, Cantor Fitzgerald decreased 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 research report on Monday, May 4th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $143.44.

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.