Lighthouse Investment Partners LLC Acquires New Stake in Mid-America Apartment Communities, Inc. $MAA

Lighthouse Investment Partners LLC acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 56,025 shares of the real estate investment trust’s stock, valued at approximately $7,828,000.

A number of other large investors have also bought and sold shares of MAA. Norges Bank purchased a new position in shares of Mid-America Apartment Communities during the 2nd quarter valued at $795,893,000. Viking Global Investors LP purchased a new stake in Mid-America Apartment Communities in the 3rd quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Mid-America Apartment Communities by 621.0% in the 3rd 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 acquiring an additional 1,040,525 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in Mid-America Apartment Communities by 461.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock worth $106,777,000 after acquiring an additional 593,020 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Mid-America Apartment Communities by 30.6% in the 2nd quarter. Invesco Ltd. now owns 1,835,408 shares of the real estate investment trust’s stock worth $271,659,000 after acquiring an additional 430,398 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Scotiabank dropped their price objective on shares of Mid-America Apartment Communities from $142.00 to $140.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 4th. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their price target for the company from $150.00 to $158.00 in a research report on Friday, January 9th. UBS Group upped their price target on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Evercore cut their price objective on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a report on Monday, December 15th. Finally, Citigroup reduced their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $150.16.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. The trade was a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 6,079 shares of company stock worth $838,698. Insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Price Performance

MAA stock opened at $126.38 on Tuesday. The firm has a 50 day moving average of $133.88 and a 200-day moving average of $135.03. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a 12 month low of $125.75 and a 12 month high of $169.42. The firm has a market capitalization of $14.77 billion, a P/E ratio of 33.43, a price-to-earnings-growth ratio of 2.11 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.23 EPS. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. As a group, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a dividend of $1.53 per share. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 161.90%.

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.