Corient Private Wealth LLC Has $2.43 Million Position in Mid-America Apartment Communities, Inc. $MAA

Corient Private Wealth LLC lifted its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 95.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 17,503 shares of the real estate investment trust’s stock after buying an additional 8,569 shares during the period. Corient Private Wealth LLC’s holdings in Mid-America Apartment Communities were worth $2,432,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MAA. State Street Corp boosted its position in Mid-America Apartment Communities by 1.6% during the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after purchasing an additional 125,130 shares during the last quarter. Norges Bank acquired a new position in shares of Mid-America Apartment Communities during the 4th quarter worth approximately $750,603,000. Viking Global Investors LP increased its position in shares of Mid-America Apartment Communities by 46.7% during the 4th quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after purchasing an additional 1,234,966 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Mid-America Apartment Communities by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock worth $473,977,000 after purchasing an additional 40,028 shares in the last quarter. Finally, Invesco Ltd. raised its stake in shares of Mid-America Apartment Communities by 6.7% during the 4th quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock worth $299,295,000 after purchasing an additional 134,739 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MAA has been the subject of several analyst reports. Truist Financial raised their target price on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Mizuho upped their price target on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Cantor Fitzgerald cut their price target on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. BTIG Research cut their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus target price of $144.69.

Mid-America Apartment Communities Stock Performance

MAA opened at $140.84 on Monday. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $153.93. The stock has a market cap of $16.39 billion, a price-to-earnings ratio of 42.68 and a beta of 0.76. The business has a 50 day moving average of $131.35 and a 200-day moving average of $131.76. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The business 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 was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. On average, equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is 185.45%.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer acquired 1,100 shares of the firm’s stock in a transaction 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 completion of the acquisition, the director directly owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the transaction, 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 ownership of the stock. 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. Over the last quarter, insiders sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

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.