Mid-America Apartment Communities, Inc. $MAA Shares Sold by ABC Arbitrage SA

ABC Arbitrage SA reduced its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 45.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 9,805 shares of the real estate investment trust’s stock after selling 8,125 shares during the period. ABC Arbitrage SA’s holdings in Mid-America Apartment Communities were worth $1,197,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Mid-America Apartment Communities during the fourth quarter worth approximately $750,603,000. Viking Global Investors LP acquired a new position in Mid-America Apartment Communities in the third quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after buying an additional 1,040,525 shares during the last quarter. Millennium Management LLC increased its holdings in Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock valued at $102,525,000 after buying an additional 715,209 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock valued at $282,105,000 after buying an additional 474,989 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Buying and Selling at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer acquired 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the transaction, the director directly owned 1,100 shares in the company, valued at $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 accessible through this link. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MAA. Wall Street Zen lowered Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research report on Sunday. Mizuho upped their price target on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a research report on Wednesday, June 10th. UBS Group reduced their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company decreased their price objective on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Finally, Truist Financial lifted their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and a consensus target price of $143.87.

Mid-America Apartment Communities Stock Up 0.5%

Shares of Mid-America Apartment Communities stock opened at $135.86 on Tuesday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The business’s 50 day simple moving average is $134.04 and its 200-day simple moving average is $132.17. The stock has a market capitalization of $15.81 billion, a price-to-earnings ratio of 41.17 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $153.93.

Mid-America Apartment Communities (NYSE:MAA) last issued its 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. The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the company 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. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

About Mid-America Apartment Communities

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.