Nisa Investment Advisors LLC Sells 8,103 Shares of Mid-America Apartment Communities, Inc. $MAA

Nisa Investment Advisors LLC lessened its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 9.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,815 shares of the real estate investment trust’s stock after selling 8,103 shares during the period. Nisa Investment Advisors LLC owned approximately 0.07% of Mid-America Apartment Communities worth $11,365,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in MAA. Elevation Point Wealth Partners LLC purchased a new position in shares of Mid-America Apartment Communities in the 2nd quarter worth $25,000. Tobam purchased a new stake in Mid-America Apartment Communities during the third quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities during the third quarter valued at $33,000. Sentry Investment Management LLC bought a new position in Mid-America Apartment Communities in the third quarter valued at about $36,000. Finally, United Community Bank lifted its holdings in Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 270 shares during the period. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. This trade represents a 5.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares in the company, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 6,079 shares of company stock valued at $838,698. Company insiders own 1.20% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of MAA opened at $122.53 on Thursday. The business has a 50-day simple moving average of $130.74 and a two-hundred day simple moving average of $133.33. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $169.00. The stock has a market cap of $14.32 billion, a price-to-earnings ratio of 32.42 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The company 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%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period in the previous year, the firm earned $2.23 earnings per share. 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. On average, analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be issued a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 annualized dividend and a yield of 5.0%. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Analyst Ratings Changes

Several brokerages have issued reports on MAA. Mizuho raised their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. BTIG Research dropped their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Colliers Securities lowered shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, UBS Group upped their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Eight research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $149.74.

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.