Mirae Asset Global Investments Co. Ltd. Grows Position in Mid-America Apartment Communities, Inc. $MAA

Mirae Asset Global Investments Co. Ltd. increased its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 20.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,682 shares of the real estate investment trust’s stock after purchasing an additional 4,193 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Mid-America Apartment Communities were worth $3,429,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tobam purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $33,000. Sentry Investment Management LLC purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $36,000. United Community Bank grew its position in shares of Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 270 shares during the period. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $46,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Transactions 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 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 completion of the sale, the executive vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 a total of 1,039 shares of company stock worth $129,594 over the last ninety days. 1.30% of the stock is currently owned by insiders.

Mid-America Apartment Communities Price Performance

MAA stock opened at $125.85 on Wednesday. The stock has a 50-day moving average price of $128.48 and a two-hundred day moving average price of $131.93. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $169.00. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The company has a market cap of $14.71 billion, a PE ratio of 33.29 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results 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 firm had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. During the same period last year, the firm posted $2.23 EPS. Mid-America Apartment Communities’s revenue was up 1.0% on a year-over-year basis. 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. As a group, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.53 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 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 4.9%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s payout ratio is 161.90%.

Analyst Upgrades and Downgrades

MAA has been the subject of a number of recent analyst reports. Royal Bank Of Canada lowered their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Mizuho lifted their price objective on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Citigroup lowered their price objective on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Finally, BTIG Research dropped their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average price target of $149.74.

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.