Allstate Corp Has $1.23 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Allstate Corp grew its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 96.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,850 shares of the real estate investment trust’s stock after buying an additional 4,336 shares during the quarter. Allstate Corp’s holdings in Mid-America Apartment Communities were worth $1,229,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Clearstead Advisors LLC grew its stake in Mid-America Apartment Communities by 141.7% in the 4th quarter. Clearstead Advisors LLC now owns 348 shares of the real estate investment trust’s stock worth $48,000 after buying an additional 204 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Mid-America Apartment Communities by 231.4% during the 4th quarter. Hantz Financial Services Inc. now owns 454 shares of the real estate investment trust’s stock valued at $63,000 after purchasing an additional 317 shares in the last quarter. Delta Asset Management LLC TN increased its stake in Mid-America Apartment Communities by 2.9% during the 4th quarter. Delta Asset Management LLC TN now owns 12,844 shares of the real estate investment trust’s stock valued at $1,784,000 after purchasing an additional 360 shares in the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Mid-America Apartment Communities in the fourth quarter worth approximately $255,000. Finally, Coldstream Capital Management Inc. grew its stake in shares of Mid-America Apartment Communities by 25.7% in the fourth quarter. Coldstream Capital Management Inc. now owns 3,118 shares of the real estate investment trust’s stock worth $433,000 after acquiring an additional 637 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA opened at $129.02 on Friday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $156.76. The firm has a market capitalization of $15.02 billion, a P/E ratio of 39.10 and a beta of 0.77. The firm’s 50-day moving average price is $126.66 and its 200-day moving average price is $131.37.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.20 EPS. 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. Equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on MAA shares. Wells Fargo & Company dropped their price objective on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Citigroup lowered their target price on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley reduced their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. Finally, Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and an average target price of $143.44.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer bought 1,100 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, with a total value of $141,405.00. Following the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the sale, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. The trade was a 13.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities 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.