Mid-America Apartment Communities, Inc. $MAA Position Increased by Leeward Investments LLC MA

Leeward Investments LLC MA increased its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,484 shares of the real estate investment trust’s stock after buying an additional 4,248 shares during the quarter. Leeward Investments LLC MA owned about 0.06% of Mid-America Apartment Communities worth $7,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Elevation Wealth Partners LLC grew its position in Mid-America Apartment Communities by 593.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 172 shares during the last quarter. Raiffeisen Bank International AG increased its stake in Mid-America Apartment Communities by 116.7% in 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 during the period. Transamerica Financial Advisors LLC purchased a new position in Mid-America Apartment Communities during the 2nd quarter worth $37,000. Root Financial Partners LLC raised its position in Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 279 shares during the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth $40,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently weighed in on MAA shares. Wells Fargo & Company lowered their target price on shares of Mid-America Apartment Communities from $146.00 to $131.00 and set an “overweight” rating on the stock in a report on Monday, October 19th. Wall Street Zen cut shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price objective for the company. Scotiabank lowered their price objective on Mid-America Apartment Communities from $134.00 to $125.00 and set a “sector underperform” rating on the stock in a report on Thursday, September 17th. Finally, Weiss Ratings cut Mid-America Apartment Communities from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Eight analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average target price of $137.82.

Mid-America Apartment Communities Trading Down 0.2%

NYSE MAA opened at $119.53 on Tuesday. The company has a market cap of $13.87 billion, a P/E ratio of 34.95 and a beta of 0.75. Mid-America Apartment Communities, Inc. has a 12 month low of $113.95 and a 12 month high of $144.41. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. The company has a 50-day moving average of $122.49 and a 200-day moving average of $129.54.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The business had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. During the same period last year, the company earned $2.15 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. 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. As a group, equities analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a dividend of $1.53 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $6.12 annualized dividend and a dividend yield of 5.1%. Mid-America Apartment Communities’s payout ratio is currently 178.95%.

Mid-America Apartment Communities Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.

MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.