Mid-America Apartment Communities, Inc. $MAA Shares Sold by Centersquare Investment Management LLC

Centersquare Investment Management LLC lowered its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,582 shares of the real estate investment trust’s stock after selling 18,468 shares during the quarter. Centersquare Investment Management LLC’s holdings in Mid-America Apartment Communities were worth $22,168,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Quinn Opportunity Partners LLC grew its position in shares of Mid-America Apartment Communities by 97.5% during the third quarter. Quinn Opportunity Partners LLC now owns 199,500 shares of the real estate investment trust’s stock worth $27,876,000 after buying an additional 98,500 shares in the last quarter. Algebris UK Ltd. grew its position in shares of Mid-America Apartment Communities by 27.5% during the fourth quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust’s stock worth $18,358,000 after buying an additional 28,528 shares in the last quarter. Symmetry Partners LLC acquired a new stake in shares of Mid-America Apartment Communities during the fourth quarter worth approximately $1,126,000. Illinois Municipal Retirement Fund grew its position in shares of Mid-America Apartment Communities by 71.8% during the third quarter. Illinois Municipal Retirement Fund now owns 85,518 shares of the real estate investment trust’s stock worth $11,949,000 after buying an additional 35,740 shares in the last quarter. Finally, Bayhunt Capital LLC acquired a new stake in shares of Mid-America Apartment Communities during the fourth quarter worth approximately $8,619,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Insider Buying and Selling 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. Insiders have sold 1,039 shares of company stock worth $129,594 over the last 90 days. 0.60% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Stock Performance

Shares of MAA opened at $138.12 on Friday. The business’s fifty day moving average price is $129.06 and its 200 day moving average price is $131.66. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $153.93. The stock has a market capitalization of $16.08 billion, a PE ratio of 41.86 and a beta of 0.76. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13.

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 (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $555.75 million. During the same period last year, the business posted $2.20 earnings per share. The firm’s revenue for the quarter 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 research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 EPS 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. Investors of record on Wednesday, July 15th will be paid a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a yield of 4.4%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

Wall Street Analyst Weigh In

MAA has been the subject of a number of recent analyst reports. 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. Citigroup reissued a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday. 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. Truist Financial raised their price target on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, 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. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus target price of $144.19.

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.