Compass Wealth Management LLC Takes Position in Mid-America Apartment Communities, Inc. $MAA

Compass Wealth Management LLC acquired a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the second quarter, Holdings Channel reports. The firm acquired 50,293 shares of the real estate investment trust’s stock, valued at approximately $6,988,000. Mid-America Apartment Communities makes up approximately 1.3% of Compass Wealth Management LLC’s holdings, making the stock its 23rd biggest holding.

Several other institutional investors have also modified their holdings of MAA. Algebris UK Ltd. lifted its stake in Mid-America Apartment Communities by 27.5% during the fourth quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust’s stock valued at $18,358,000 after purchasing an additional 28,528 shares during the last quarter. Norges Bank bought a new stake in Mid-America Apartment Communities during the fourth quarter worth approximately $750,603,000. Swiss Life Asset Management Ltd grew its position in Mid-America Apartment Communities by 466.5% in the fourth quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock worth $6,310,000 after buying an additional 37,405 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in Mid-America Apartment Communities by 4.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock worth $30,083,000 after buying an additional 8,724 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Mid-America Apartment Communities by 29.5% in the fourth quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust’s stock valued at $34,281,000 after buying an additional 56,224 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on MAA. UBS Group cut their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Truist Financial lifted their target price on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Wells Fargo & Company upped their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target for the company. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $144.81.

Mid-America Apartment Communities Stock Down 0.5%

MAA stock opened at $130.41 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. The firm has a market capitalization of $15.13 billion, a P/E ratio of 38.13 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $146.41. The company’s 50 day simple moving average is $135.31 and its 200-day simple moving average is $131.57.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm had revenue of $555.13 million during the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the business posted $2.15 EPS. The company’s revenue 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. As a group, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current year.

Insider Activity

In other Mid-America Apartment Communities 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 completion of the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by insiders.

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.