12,121 Shares in Mid-America Apartment Communities, Inc. $MAA Purchased by OP Asset Management Ltd

OP Asset Management Ltd bought a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,121 shares of the real estate investment trust’s stock, valued at approximately $1,480,000.

A number of other large investors also recently added to or reduced their stakes in MAA. Norges Bank purchased a new stake in Mid-America Apartment Communities during the 4th quarter valued at approximately $750,603,000. Viking Global Investors LP purchased a new position in shares of Mid-America Apartment Communities in the third quarter worth $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Mid-America Apartment Communities by 621.0% in the third 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 buying an additional 1,040,525 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after buying an additional 715,209 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after acquiring an additional 474,989 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on MAA shares. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 24th. BTIG Research cut their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Mizuho lifted their target price on Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, UBS Group decreased their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average price target of $144.69.

Mid-America Apartment Communities Trading Down 0.0%

MAA stock opened at $140.66 on Tuesday. The firm has a fifty day moving average price of $131.70 and a 200 day moving average price of $131.83. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $153.93. The firm has a market cap of $16.37 billion, a PE ratio of 42.63 and a beta of 0.76. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13.

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 (EPS) 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 company had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same quarter in the prior year, the firm earned $2.20 earnings per share. Mid-America Apartment Communities’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. Sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 4.4%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 185.45%.

Insider Activity

In other news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction 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. This represents a 13.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, with a total value of $141,405.00. Following the acquisition, the director owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 1,039 shares of company stock worth $129,594 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.

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.