Shell Asset Management Co. Has $292,000 Stake in Mid-America Apartment Communities, Inc. $MAA

Shell Asset Management Co. cut its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 80.7% in the third quarter, Holdings Channel.com reports. The firm owned 2,088 shares of the real estate investment trust’s stock after selling 8,703 shares during the quarter. Shell Asset Management Co.’s holdings in Mid-America Apartment Communities were worth $292,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MAA. HighTower Advisors LLC raised its stake in shares of Mid-America Apartment Communities by 0.5% in the 3rd quarter. HighTower Advisors LLC now owns 103,041 shares of the real estate investment trust’s stock valued at $14,398,000 after purchasing an additional 533 shares during the period. Aberdeen Group plc grew its holdings in shares of Mid-America Apartment Communities by 3.1% during the third quarter. Aberdeen Group plc now owns 153,366 shares of the real estate investment trust’s stock worth $21,258,000 after buying an additional 4,671 shares in the last quarter. TT Capital Management LLC raised its position in Mid-America Apartment Communities by 118.8% in the 3rd quarter. TT Capital Management LLC now owns 8,610 shares of the real estate investment trust’s stock valued at $1,203,000 after buying an additional 4,675 shares during the last quarter. Balboa Wealth Partners lifted its stake in Mid-America Apartment Communities by 17.5% in the 3rd quarter. Balboa Wealth Partners now owns 2,233 shares of the real estate investment trust’s stock valued at $312,000 after acquiring an additional 332 shares in the last quarter. Finally, Naviter Wealth LLC boosted its position in Mid-America Apartment Communities by 5.0% during the 3rd quarter. Naviter Wealth LLC now owns 9,789 shares of the real estate investment trust’s stock worth $1,368,000 after acquiring an additional 468 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MAA shares. KeyCorp lowered their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Truist Financial lowered their price target on shares of Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Wall Street Zen downgraded shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Colliers Securities cut Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday, February 9th. Finally, Citigroup dropped their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $153.55.

Mid-America Apartment Communities Trading Down 0.9%

MAA stock opened at $134.36 on Wednesday. Mid-America Apartment Communities, Inc. has a one year low of $125.75 and a one year high of $173.38. The stock has a market cap of $15.71 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 2.24 and a beta of 0.79. The company has a fifty day moving average price of $135.38 and a two-hundred day moving average price of $136.23. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The firm had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.Mid-America Apartment Communities’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $2.23 EPS. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a $1.53 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. 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 (DPR) is presently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the transaction, the executive vice president directly owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adrian Hill purchased 758 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the completion of the purchase, the executive vice president owned 48,766 shares of the company’s stock, valued at $6,428,821.78. This trade represents a 1.58% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 6,079 shares of company stock worth $838,698. Corporate insiders own 1.20% of the company’s stock.

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.