Mid-America Apartment Communities, Inc. $MAA Stake Lessened by Capital World Investors

Capital World Investors lessened its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,871,242 shares of the real estate investment trust’s stock after selling 913,025 shares during the quarter. Capital World Investors owned approximately 6.72% of Mid-America Apartment Communities worth $1,099,849,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Inc. CA lifted its holdings in Mid-America Apartment Communities by 8.9% during the 3rd quarter. Capital International Inc. CA now owns 125,763 shares of the real estate investment trust’s stock worth $17,573,000 after buying an additional 10,228 shares during the last quarter. Bank of Montreal Can increased its holdings in shares of Mid-America Apartment Communities by 9.1% in the 3rd quarter. Bank of Montreal Can now owns 135,631 shares of the real estate investment trust’s stock valued at $18,952,000 after acquiring an additional 11,367 shares during the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at approximately $259,000. Schroder Investment Management Group lifted its stake in Mid-America Apartment Communities by 7.1% during the third quarter. Schroder Investment Management Group now owns 14,798 shares of the real estate investment trust’s stock worth $2,051,000 after purchasing an additional 976 shares during the last quarter. Finally, Inceptionr LLC lifted its stake in Mid-America Apartment Communities by 162.9% during the third quarter. Inceptionr LLC now owns 4,391 shares of the real estate investment trust’s stock worth $614,000 after purchasing an additional 2,721 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MAA shares. UBS Group increased their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. Truist Financial dropped their price objective on Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating on the stock in a research note on Tuesday. Evercore cut their target price on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a research note on Monday, December 15th. Wells Fargo & Company reduced their target price on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Finally, Royal Bank Of Canada decreased their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research note on Friday, February 6th. Eight 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $150.58.

Insider Activity

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities 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 completion of the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Adrian Hill acquired 758 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the acquisition, the executive vice president directly owned 48,766 shares of the company’s stock, valued at $6,428,821.78. The trade was a 1.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders sold 6,079 shares of company stock valued at $838,698. Company insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Trading Down 1.6%

Shares of MAA opened at $130.06 on Wednesday. The stock’s 50-day moving average price is $134.80 and its 200 day moving average price is $135.49. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $15.20 billion, a price-to-earnings ratio of 34.41, a P/E/G ratio of 2.20 and a beta of 0.79. Mid-America Apartment Communities, Inc. has a 12-month low of $125.75 and a 12-month high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The business had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the company earned $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, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were issued a $1.53 dividend. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.

About Mid-America Apartment Communities

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.