Hsbc Holdings PLC Purchases 33,307 Shares of Mid-America Apartment Communities, Inc. $MAA

Hsbc Holdings PLC grew its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 8.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 430,624 shares of the real estate investment trust’s stock after acquiring an additional 33,307 shares during the quarter. Hsbc Holdings PLC’s holdings in Mid-America Apartment Communities were worth $59,848,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in 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 worth $2,149,000 after purchasing 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 valued at $137,000 after buying an additional 299 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of Mid-America Apartment Communities by 7.1% during the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after buying an additional 437 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $230,000. Finally, Bank of Nova Scotia grew its position in shares of 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 buying an additional 2,771 shares during the period. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Stock Down 0.2%

Mid-America Apartment Communities stock opened at $132.21 on Tuesday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.93. The firm has a market capitalization of $15.39 billion, a price-to-earnings ratio of 40.06 and a beta of 0.76. The firm’s fifty day moving average price is $130.46 and its two-hundred day moving average price is $131.64. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) 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 firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same period last year, the company earned $2.20 earnings per share. The business’s revenue was up .8% on a year-over-year basis. 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 predict that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal 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 issued a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MAA. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. UBS Group reduced their price target on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. BTIG Research decreased 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. Barclays upped their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Finally, Morgan Stanley cut 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 report on Monday, March 16th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus target price of $144.75.

Insider Buying and Selling

In other news, EVP Amber Fairbanks sold 711 shares of the 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 completion of the sale, the executive vice president directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 dated Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 1,039 shares of company stock valued at $129,594 over the last three months. Corporate insiders own 0.60% of the company’s stock.

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.