River Road Asset Management LLC Acquires 67,987 Shares of Mid-America Apartment Communities, Inc. $MAA

River Road Asset Management LLC increased its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 7.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 937,860 shares of the real estate investment trust’s stock after acquiring an additional 67,987 shares during the quarter. Mid-America Apartment Communities comprises about 1.4% of River Road Asset Management LLC’s holdings, making the stock its 16th largest position. River Road Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $130,278,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Mid-America Apartment Communities by 5.1% in the 1st 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 acquiring an additional 620 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Mid-America Apartment Communities by 47.6% during the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 299 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Mid-America Apartment Communities by 7.1% during the second quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after purchasing an additional 437 shares during the period. Walleye Capital LLC acquired a new position in shares of Mid-America Apartment Communities during the second quarter worth $230,000. Finally, Bank of Nova Scotia grew its stake in shares of Mid-America Apartment Communities by 21.7% in the second quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after purchasing an additional 2,771 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on MAA. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Mizuho lifted their target price on Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. BTIG Research decreased their price target on 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, UBS Group lowered their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $144.75.

Mid-America Apartment Communities Price Performance

MAA stock opened at $132.58 on Friday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The firm has a market cap of $15.43 billion, a price-to-earnings ratio of 40.18 and a beta of 0.76. The company’s fifty day simple moving average is $130.20 and its 200 day simple moving average is $131.68. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $153.93.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly 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. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. During the same period last year, the business posted $2.20 EPS. The business’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. On average, 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 firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is presently 185.45%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was 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 of the company’s stock, valued at approximately $557,667.83. The trade was 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. Also, Director Tamara D. Fischer purchased 1,100 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost 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 of the company’s stock, valued at approximately $141,405. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 1,039 shares of company stock valued at $129,594 in the last ninety days. 0.60% of the stock is currently owned by insiders.

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.