Mid-America Apartment Communities, Inc. $MAA is Quinn Opportunity Partners LLC’s 7th Largest Position

Quinn Opportunity Partners LLC grew its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 97.5% in the third quarter, HoldingsChannel.com reports. The firm owned 199,500 shares of the real estate investment trust’s stock after buying an additional 98,500 shares during the quarter. Mid-America Apartment Communities comprises approximately 2.0% of Quinn Opportunity Partners LLC’s holdings, making the stock its 7th largest holding. Quinn Opportunity Partners LLC’s holdings in Mid-America Apartment Communities were worth $27,876,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $25,000. Tobam bought a new stake in Mid-America Apartment Communities in the third quarter valued at $26,000. Sentry Investment Management LLC purchased a new position in Mid-America Apartment Communities during the 3rd quarter valued at $36,000. United Community Bank raised its holdings in Mid-America Apartment Communities by 1,000.0% in the 3rd quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 270 shares in the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth about $45,000. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Trading Down 1.1%

Shares of MAA stock opened at $126.36 on Friday. 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 stock has a market capitalization of $14.77 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.13 and a beta of 0.79. The firm’s 50 day moving average is $134.10 and its 200 day moving average is $135.28.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. During the same period in the previous year, the business posted $2.23 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. 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. Research analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MAA. Mizuho raised their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Barclays dropped their target price on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a report on Friday, March 6th. Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Cantor Fitzgerald boosted their price objective on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Finally, Truist Financial decreased their target price on shares of Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating for the company in a research note on Tuesday. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and a consensus target price of $150.58.

Insider Activity

In related news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s 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 completion of the transaction, the executive vice president directly owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,079 shares of company stock valued at $838,698 in the last quarter. 1.20% of the stock is currently owned by company insiders.

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.