Anchor Capital Advisors LLC Raises Holdings in Mid-America Apartment Communities, Inc. $MAA

Anchor Capital Advisors LLC increased its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 392,916 shares of the real estate investment trust’s stock after acquiring an additional 4,467 shares during the quarter. Mid-America Apartment Communities makes up about 1.6% of Anchor Capital Advisors LLC’s holdings, making the stock its 14th biggest position. Anchor Capital Advisors LLC’s holdings in Mid-America Apartment Communities were worth $54,580,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MAA. Tobam acquired a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth $26,000. Physician Wealth Advisors Inc. grew its holdings in shares of Mid-America Apartment Communities by 65.2% in the 4th 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 during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of Mid-America Apartment Communities in the third quarter valued at $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities in the 3rd quarter valued at approximately $36,000. Finally, United Community Bank boosted its stake in shares of Mid-America Apartment Communities by 1,000.0% during the 3rd quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 270 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction dated Thursday, May 21st. The shares were acquired at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the acquisition, the director owned 1,100 shares of the company’s stock, valued at $141,405. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president directly owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their position. The SEC filing for this sale provides additional information. 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 1,039 shares of company stock valued at $129,594 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

MAA has been the subject of a number of recent analyst reports. Truist Financial lowered their target price on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Royal Bank Of Canada lowered their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. BTIG Research dropped their target price on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. UBS Group cut 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 report on Thursday, May 14th. Finally, Citigroup reduced their target price on 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. Seven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and an average price target of $143.44.

Mid-America Apartment Communities Stock Performance

MAA opened at $128.82 on Wednesday. The business has a 50 day moving average price of $126.74 and a two-hundred day moving average price of $131.36. 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 company has a market capitalization of $14.99 billion, a price-to-earnings ratio of 39.04 and a beta of 0.76. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $155.36.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business earned $2.20 earnings per share. 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. Research analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s 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.