UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 1,213,390 Shares of Mid-America Apartment Communities, Inc. $MAA

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 15,892.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,221,025 shares of the real estate investment trust’s stock after purchasing an additional 1,213,390 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.05% of Mid-America Apartment Communities worth $169,649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new position in Mid-America Apartment Communities in the fourth quarter worth about $750,603,000. Swiss Life Asset Management Ltd lifted its stake in shares of Mid-America Apartment Communities by 466.5% in the 4th quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock worth $6,310,000 after purchasing an additional 37,405 shares during the period. Algebris UK Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 27.5% in 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 during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 4.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock worth $30,083,000 after buying an additional 8,724 shares during the last quarter. Finally, BlackRock Inc. bought a new stake in Mid-America Apartment Communities during the second quarter valued at approximately $1,820,661,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Wall Street Analysts Forecast Growth

MAA has been the topic of several analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Mid-America Apartment Communities in a research note on Thursday, July 16th. They set a “neutral” rating and a $147.00 price target on the stock. UBS Group reissued a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday, August 27th. Scotiabank dropped their price objective on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating for the company in a report on Tuesday, August 4th. Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities has an average rating of “Hold” and a consensus target price of $144.69.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $129.26 on Wednesday. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $146.41. The company’s 50 day moving average is $134.38 and its 200 day moving average is $131.37. The firm has a market cap of $15.00 billion, a price-to-earnings ratio of 37.80 and a beta of 0.73. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. The business had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the business earned $2.15 EPS. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. On average, sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

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.