7,697 Shares in Mid-America Apartment Communities, Inc. $MAA Bought by West Family Investments Inc.

West Family Investments Inc. bought a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,697 shares of the real estate investment trust’s stock, valued at approximately $1,069,000.

Other institutional investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its position in shares of Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in shares of Mid-America Apartment Communities by 593.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 172 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Mid-America Apartment Communities during the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC bought a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Finally, Hurley Capital LLC raised its stake in shares of Mid-America Apartment Communities by 70.4% in the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 112 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $131.47 on Thursday. The firm’s 50-day moving average is $135.14 and its 200-day moving average is $131.55. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $146.41. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. The company has a market cap of $15.25 billion, a price-to-earnings ratio of 38.44 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, beating 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 business had revenue of $555.13 million during the quarter, compared to analyst estimates of $556.18 million. During the same quarter in the prior year, the business earned $2.15 earnings per share. The firm’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 research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MAA. Piper Sandler reduced their target price on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, July 31st. JPMorgan Chase & Co. assumed coverage on Mid-America Apartment Communities in a report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price target on the stock. Scotiabank dropped their price target 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 report on Tuesday, August 4th. Truist Financial boosted their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Barclays decreased their price objective on shares of Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a report on Monday. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $144.81.

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.