Korea Investment CORP Decreases Stake in Mid-America Apartment Communities, Inc. $MAA

Korea Investment CORP lessened its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 42.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,394 shares of the real estate investment trust’s stock after selling 50,573 shares during the period. Korea Investment CORP owned approximately 0.06% of Mid-America Apartment Communities worth $9,417,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MAA. Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Mid-America Apartment Communities by 1.8% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock worth $643,000 after purchasing an additional 83 shares in the last quarter. Profund Advisors LLC increased its holdings in shares of Mid-America Apartment Communities by 7.1% in the 3rd quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 108 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Mid-America Apartment Communities by 4.0% in the 3rd quarter. Signaturefd LLC now owns 2,825 shares of the real estate investment trust’s stock valued at $395,000 after purchasing an additional 109 shares in the last quarter. Portside Wealth Group LLC lifted its stake in shares of Mid-America Apartment Communities by 2.1% in the third quarter. Portside Wealth Group LLC now owns 5,821 shares of the real estate investment trust’s stock valued at $813,000 after purchasing an additional 120 shares during the period. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Mid-America Apartment Communities by 36.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 466 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 125 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on MAA shares. Cantor Fitzgerald upped their target price on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Royal Bank Of Canada reduced their price target 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 report on Friday, February 6th. BTIG Research decreased their price target on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Citigroup lowered their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Finally, Evercore dropped their price objective on 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. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities currently has an average rating of “Hold” and an average target price of $150.58.

Mid-America Apartment Communities Stock Down 1.7%

Shares of NYSE:MAA opened at $127.93 on Thursday. 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 company has a market capitalization of $14.95 billion, a P/E ratio of 33.84, a P/E/G ratio of 2.17 and a beta of 0.79. Mid-America Apartment Communities, Inc. has a 52-week low of $125.75 and a 52-week high of $169.42. The stock’s fifty day simple moving average is $134.58 and its 200-day simple moving average is $135.44.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS 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 return on equity of 7.44% and a net margin of 20.23%.The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business 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, equities research analysts forecast 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 disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a $1.53 dividend. This is a boost 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 4.8%. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the transaction, the executive vice president directly owned 3,799 shares in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adrian Hill purchased 758 shares of Mid-America Apartment Communities stock in a transaction on Friday, December 12th. The shares were acquired at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the purchase, the executive vice president owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have 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 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.