MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd raised its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 48.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 15,870 shares of the real estate investment trust’s stock after purchasing an additional 5,148 shares during the period. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd’s holdings in Mid-America Apartment Communities were worth $1,869,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its position in shares of Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares in the last quarter. Raiffeisen Bank International AG boosted its holdings in shares of Mid-America Apartment Communities by 116.7% during the second quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 119 shares during the period. Transamerica Financial Advisors LLC purchased a new position in Mid-America Apartment Communities during the second quarter valued at approximately $37,000. Root Financial Partners LLC grew its position in Mid-America Apartment Communities by 3,100.0% during the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 279 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new position in Mid-America Apartment Communities during the second quarter valued at approximately $40,000. Institutional investors and hedge funds own 93.60% of the company’s stock.
Wall Street Analyst Weigh In
MAA has been the subject of a number of research analyst reports. BNP Paribas Exane upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Piper Sandler decreased their target price on shares of Mid-America Apartment Communities from $140.00 to $121.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. Cantor Fitzgerald restated a “neutral” rating on shares of Mid-America Apartment Communities in a report on Thursday, August 27th. JPMorgan Chase & Co. began coverage on shares of Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target on the stock. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Mid-America Apartment Communities in a research note on Tuesday, September 29th. Eight investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $137.82.
View Our Latest Stock Report on MAA
Key Mid-America Apartment Communities News
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Third-quarter revenue rose 1.0% year over year to $560.1 million, topping the $558.1 million consensus estimate. MAA Q3 revenue report
- Positive Sentiment: Core FFO came in at $2.10 per share, matching Wall Street expectations. The company projected fourth-quarter FFO of $2.12 to $2.24 per share, indicating sequential improvement is possible. MAA Q3 core FFO report MAA Q4 FFO outlook
- Neutral Sentiment: Management’s results were broadly in line with expectations, which limits the likelihood of a major earnings surprise. However, investors will focus on apartment demand, rent growth and occupancy trends for evidence of a stronger 2027 recovery. MAA third-quarter 2026 results
- Negative Sentiment: Q3 FFO fell from $2.16 per share in the prior-year period to $2.10, while the company’s bottom line declined. The modest revenue growth and lack of an earnings beat likely disappointed investors seeking stronger operating momentum. MAA meets Q3 FFO estimates
Mid-America Apartment Communities Stock Down 1.9%
Shares of Mid-America Apartment Communities stock opened at $116.45 on Thursday. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 34.05 and a beta of 0.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. Mid-America Apartment Communities, Inc. has a 52-week low of $113.95 and a 52-week high of $144.41. The stock has a 50-day simple moving average of $121.96 and a 200-day simple moving average of $129.35.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The real estate investment trust reported $2.10 EPS for the quarter, hitting analysts’ consensus estimates of $2.10. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%. The firm had revenue of $560.13 million for the quarter, compared to the consensus estimate of $558.07 million. During the same quarter in the prior year, the company posted $2.16 earnings per share. The firm’s revenue was up 1.0% on a year-over-year basis. On average, equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.
Mid-America Apartment Communities Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Thursday, October 15th. Mid-America Apartment Communities’s payout ratio is currently 178.95%.
Mid-America Apartment Communities Profile
Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.
MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.
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