Hsbc Holdings PLC Purchases Shares of 527,345 Mid-America Apartment Communities, Inc. $MAA

Hsbc Holdings PLC purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 527,345 shares of the real estate investment trust’s stock, valued at approximately $73,371,000. Hsbc Holdings PLC owned approximately 0.45% of Mid-America Apartment Communities as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Algebris UK Ltd. boosted its position in shares of 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 worth $18,358,000 after acquiring an additional 28,528 shares during the last quarter. Norges Bank bought a new stake in Mid-America Apartment Communities in the 4th quarter valued at $750,603,000. Swiss Life Asset Management Ltd increased its holdings in Mid-America Apartment Communities by 466.5% in the 4th quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock valued at $6,310,000 after acquiring an additional 37,405 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in Mid-America Apartment Communities by 4.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock worth $30,083,000 after purchasing an additional 8,724 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Mid-America Apartment Communities by 29.5% in the 4th quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust’s stock worth $34,281,000 after purchasing an additional 56,224 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

NYSE:MAA opened at $131.61 on Thursday. The firm has a market capitalization of $15.27 billion, a price-to-earnings ratio of 38.48 and a beta of 0.73. 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 business has a 50 day simple moving average of $134.68 and a 200-day simple moving average of $131.52. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $146.41.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.Mid-America Apartment Communities’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 EPS. 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 forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Piper Sandler decreased their target price on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 20th. Wall Street Zen upgraded Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Morgan Stanley cut their target price on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. Finally, UBS Group decreased their price target on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Mid-America Apartment Communities currently has an average rating of “Hold” and a consensus 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.