Strs Ohio Boosts Position in Mid-America Apartment Communities, Inc. $MAA

Strs Ohio raised its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 170.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 65,079 shares of the real estate investment trust’s stock after purchasing an additional 41,005 shares during the period. Strs Ohio’s holdings in Mid-America Apartment Communities were worth $9,040,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Tobam bought a new position in shares of Mid-America Apartment Communities in the third quarter worth about $26,000. Physician Wealth Advisors Inc. raised its position in Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities during the third quarter valued at approximately $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities during the third quarter valued at approximately $36,000. Finally, United Community Bank raised its position in Mid-America Apartment Communities by 1,000.0% during the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 270 shares during the period. Institutional investors own 93.60% of the company’s stock.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,039 shares of company stock valued at $129,594 over the last quarter. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. UBS Group upped their price objective on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Cantor Fitzgerald decreased their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research report on Monday. Mizuho upped their price objective on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Eight equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $147.94.

Mid-America Apartment Communities Trading Up 0.4%

Shares of NYSE MAA opened at $129.06 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The business’s 50 day moving average price is $127.39 and its 200-day moving average price is $131.54. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $167.74. The company has a market cap of $15.09 billion, a price-to-earnings ratio of 39.11 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share 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 for the quarter, compared to the consensus estimate of $555.75 million. During the same period in the prior year, the business posted $2.20 earnings per share. The company’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. On average, sell-side analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 15th were paid a $1.53 dividend. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $6.12 annualized dividend and a yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio is 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.