HighTower Advisors LLC Sells 16,758 Shares of Mid-America Apartment Communities, Inc. $MAA

HighTower Advisors LLC lessened its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 17.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 81,352 shares of the real estate investment trust’s stock after selling 16,758 shares during the quarter. HighTower Advisors LLC owned approximately 0.07% of Mid-America Apartment Communities worth $11,303,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in MAA. Elevation Wealth Partners LLC raised its holdings in Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares in the last quarter. Raiffeisen Bank International AG boosted its holdings in shares of Mid-America Apartment Communities by 116.7% during the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 119 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth about $32,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth about $33,000. Finally, Root Financial Partners LLC increased its stake in shares of Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 279 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MAA. Barclays reduced their price objective on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research report on Monday, August 17th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, September 2nd. Piper Sandler cut their price target on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. initiated coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price target for the company. Finally, Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Eight equities 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $143.94.

Mid-America Apartment Communities Stock Down 0.3%

Shares of Mid-America Apartment Communities stock opened at $127.55 on Thursday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $145.80. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The company’s 50 day moving average is $133.11 and its 200 day moving average is $131.09. The company has a market cap of $14.80 billion, a price-to-earnings ratio of 37.30 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last announced its 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 during the quarter, compared to analyst estimates 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 quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Mid-America Apartment Communities Company 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.