CPC Advisors LLC Lowers Position in Mid-America Apartment Communities, Inc. $MAA

CPC Advisors LLC lessened its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 59.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,710 shares of the real estate investment trust’s stock after selling 5,345 shares during the quarter. CPC Advisors LLC’s holdings in Mid-America Apartment Communities were worth $515,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. State Street Corp raised its position in shares of Mid-America Apartment Communities by 1.6% in the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after buying an additional 125,130 shares in the last quarter. Viking Global Investors LP purchased a new stake in shares of Mid-America Apartment Communities in the third quarter worth $369,597,000. Northern Trust Corp raised its position in shares of Mid-America Apartment Communities by 1.2% in the third quarter. Northern Trust Corp now owns 2,145,203 shares of the real estate investment trust’s stock worth $299,749,000 after buying an additional 26,221 shares in the last quarter. Invesco Ltd. raised its position in shares of Mid-America Apartment Communities by 10.0% in the third quarter. Invesco Ltd. now owns 2,019,861 shares of the real estate investment trust’s stock worth $282,235,000 after buying an additional 184,453 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Mid-America Apartment Communities by 0.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,694,713 shares of the real estate investment trust’s stock worth $236,798,000 after buying an additional 9,197 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Activity

In other news, EVP Amber Fairbanks sold 711 shares of the firm’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 transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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. Insiders sold 1,039 shares of company stock worth $129,594 over the last quarter. 1.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on MAA. Citigroup lowered their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. KeyCorp lowered their price target on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Finally, Scotiabank lowered their price target on Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating on the stock in a research report on Monday, March 23rd. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $149.74.

Mid-America Apartment Communities Stock Down 1.0%

Shares of NYSE:MAA opened at $124.52 on Thursday. The stock’s 50-day moving average price is $128.25 and its 200-day moving average price is $131.88. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $169.00. The stock has a market capitalization of $14.56 billion, a P/E ratio of 32.94 and a beta of 0.80. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same period last year, the business posted $2.23 earnings per share. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. On average, equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.53 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 Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be paid a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.

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.