Hsbc Holdings PLC Has $53.74 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Hsbc Holdings PLC grew its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 2.1% during the first quarter, HoldingsChannel reports. The firm owned 439,822 shares of the real estate investment trust’s stock after buying an additional 9,198 shares during the quarter. Hsbc Holdings PLC’s holdings in Mid-America Apartment Communities were worth $53,736,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Summit Securities Group LLC boosted its holdings in shares of Mid-America Apartment Communities by 1,150.3% during the 1st quarter. Summit Securities Group LLC now owns 2,163 shares of the real estate investment trust’s stock worth $264,000 after buying an additional 1,990 shares during the period. Kestra Advisory Services LLC lifted its position in Mid-America Apartment Communities by 24.3% during the 1st quarter. Kestra Advisory Services LLC now owns 6,926 shares of the real estate investment trust’s stock worth $846,000 after acquiring an additional 1,353 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its position in Mid-America Apartment Communities by 3.8% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 69,704 shares of the real estate investment trust’s stock worth $8,491,000 after acquiring an additional 2,572 shares during the last quarter. Virginia Wealth Management Group Inc. boosted its holdings in Mid-America Apartment Communities by 9.5% during the first quarter. Virginia Wealth Management Group Inc. now owns 33,409 shares of the real estate investment trust’s stock valued at $4,080,000 after acquiring an additional 2,906 shares during the period. Finally, Appleton Partners Inc. MA boosted its holdings in Mid-America Apartment Communities by 21.8% during the first quarter. Appleton Partners Inc. MA now owns 8,927 shares of the real estate investment trust’s stock valued at $1,090,000 after acquiring an additional 1,596 shares during the period. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MAA has been the topic of a number of recent analyst reports. UBS Group dropped 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. Scotiabank increased their target price on Mid-America Apartment Communities from $129.00 to $137.00 and gave the company a “sector underperform” rating in a research note on Thursday, July 9th. Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Mizuho lifted their price target on 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. Finally, Truist Financial lifted their price target on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $144.56.

Insider Activity at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The shares were bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Trading Up 0.6%

Shares of MAA opened at $133.74 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 stock has a market cap of $15.57 billion, a PE ratio of 40.53 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $153.93. The stock has a 50 day simple moving average of $134.39 and a 200-day simple moving average of $131.99.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate 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 business had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the previous year, the firm earned $2.20 EPS. Mid-America Apartment Communities’s quarterly 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, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 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.