Pacer Advisors Inc. Purchases 7,124 Shares of Mid-America Apartment Communities, Inc. $MAA

Pacer Advisors Inc. boosted its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 76.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,450 shares of the real estate investment trust’s stock after purchasing an additional 7,124 shares during the quarter. Pacer Advisors Inc.’s holdings in Mid-America Apartment Communities were worth $2,285,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after buying an additional 620 shares during the period. EverSource Wealth Advisors LLC lifted its stake in Mid-America Apartment Communities by 47.6% in the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 299 shares during the period. Baird Financial Group Inc. lifted its stake in Mid-America Apartment Communities by 7.1% in the second quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after acquiring an additional 437 shares during the period. Walleye Capital LLC bought a new position in Mid-America Apartment Communities during the 2nd quarter worth about $230,000. Finally, Bank of Nova Scotia grew its holdings in Mid-America Apartment Communities by 21.7% during the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after acquiring an additional 2,771 shares in the last quarter. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Stock Performance

Shares of Mid-America Apartment Communities stock opened at $134.07 on Wednesday. The company has a market capitalization of $15.60 billion, a PE ratio of 40.63 and a beta of 0.76. 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 company has a 50-day simple moving average of $130.61 and a two-hundred day simple moving average of $131.63. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $153.93.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. During the same period last year, the business earned $2.20 EPS. The company’s revenue was up .8% compared to the same quarter last year. 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 expect that Mid-America Apartment Communities, Inc. will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently declared 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 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%.

Wall Street Analyst Weigh In

Several research firms have recently commented on MAA. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Morgan Stanley dropped their price objective on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. Cantor Fitzgerald cut their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Barclays boosted their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $144.75.

Insiders Place Their Bets

In other news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. Also, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction that occurred on 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 purchase, the director owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have sold 1,039 shares of company stock worth $129,594. 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.