Mid-America Apartment Communities, Inc. $MAA Shares Bought by Gotham Asset Management LLC

Gotham Asset Management LLC lifted its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 62.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 330,474 shares of the real estate investment trust’s stock after purchasing an additional 126,816 shares during the quarter. Gotham Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $45,906,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after acquiring an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Mid-America Apartment Communities by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 299 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after acquiring an additional 437 shares during the last quarter. Walleye Capital LLC acquired a new position in Mid-America Apartment Communities during the second quarter worth $230,000. Finally, Bank of Nova Scotia lifted its stake in Mid-America Apartment Communities by 21.7% during the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after acquiring an additional 2,771 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on MAA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday, March 27th. Barclays raised their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Wells Fargo & Company cut their target price on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Morgan Stanley reduced their target price on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Finally, BTIG Research dropped 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 research note on Monday, March 2nd. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average price target of $144.19.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $133.14 on Thursday. The firm has a market capitalization of $15.50 billion, a price-to-earnings ratio of 40.35 and a beta of 0.76. The firm’s fifty day simple moving average is $130.03 and its 200-day simple moving average is $131.70. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $153.93. 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 issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.20 earnings per share. 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 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm 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. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is presently 185.45%.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the company’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 completion of the transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 purchased 1,100 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 1,039 shares of company stock worth $129,594. Company insiders own 0.60% of the company’s stock.

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.