Mid-America Apartment Communities, Inc. $MAA Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 90.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,152 shares of the real estate investment trust’s stock after selling 90,233 shares during the quarter. NewEdge Advisors LLC’s holdings in Mid-America Apartment Communities were worth $1,118,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in MAA. Physician Wealth Advisors Inc. boosted its position in shares of Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities during the fourth quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities during the third quarter worth approximately $33,000. Root Financial Partners LLC lifted its stake in Mid-America Apartment Communities by 3,100.0% in the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 279 shares during the last quarter. Finally, Hurley Capital LLC lifted its stake in Mid-America Apartment Communities by 70.4% in the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 112 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Wall Street Analyst Weigh In

MAA has been the topic of a number of research reports. Truist Financial raised their target price on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Mizuho increased their price target on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Scotiabank dropped their price objective on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating on the stock in a research note on Tuesday, August 4th. Finally, UBS Group reduced their target price on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $144.81.

Insider Buying and Selling

In other news, Director Tamara D. Fischer bought 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Trading Down 1.6%

NYSE:MAA opened at $131.40 on Tuesday. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $146.41. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The stock’s 50 day simple moving average is $135.48 and its 200-day simple moving average is $131.58. The firm has a market cap of $15.25 billion, a P/E ratio of 38.42 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The firm had revenue of $555.13 million during the quarter, compared to the consensus estimate of $556.18 million. During the same period last year, the company earned $2.15 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current year.

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.