Sequoia Financial Advisors LLC Decreases Position in Mid-America Apartment Communities, Inc. $MAA

Sequoia Financial Advisors LLC trimmed its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 69.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,204 shares of the real estate investment trust’s stock after selling 4,898 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mid-America Apartment Communities were worth $269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MAA. Physician Wealth Advisors Inc. boosted its holdings in 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 acquiring an additional 75 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Mid-America Apartment Communities during the fourth quarter valued at about $32,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Hurley Capital LLC raised its position 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 purchasing an additional 112 shares during the last quarter. Finally, Root Financial Partners LLC boosted its stake in Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 279 shares in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on MAA shares. Mizuho boosted their target price on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Wells Fargo & Company raised their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday. Cantor Fitzgerald decreased their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Finally, Piper Sandler increased their price target on shares of Mid-America Apartment Communities from $140.00 to $143.00 and gave the stock a “neutral” rating in a report on Tuesday. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $145.25.

Insider Activity

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $128.55 per share, with a total value of $141,405.00. Following the completion of the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by insiders.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $132.74 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The stock’s 50 day simple moving average is $134.60 and its 200-day simple moving average is $131.85. The company has a market cap of $15.45 billion, a PE ratio of 40.23 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.31.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same period in the previous year, the business earned $2.20 earnings per share. The firm’s revenue for the quarter was up .8% on a year-over-year basis. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. As a group, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is presently 185.45%.

Mid-America Apartment Communities Company 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.