Pacer Advisors Inc. Raises Position in Mid-America Apartment Communities, Inc. $MAA

Pacer Advisors Inc. increased its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 76.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,450 shares of the real estate investment trust’s stock after buying an additional 7,124 shares during the quarter. Pacer Advisors Inc.’s holdings in Mid-America Apartment Communities were worth $2,285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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 valued at $2,149,000 after purchasing an additional 620 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Mid-America Apartment Communities by 47.6% during the 2nd 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 in the last quarter. Baird Financial Group Inc. lifted its holdings in 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 valued at $976,000 after buying an additional 437 shares in the last quarter. Walleye Capital LLC purchased a new stake in Mid-America Apartment Communities in the 2nd quarter valued at about $230,000. Finally, Bank of Nova Scotia boosted its position in Mid-America Apartment Communities by 21.7% in the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock valued at $2,300,000 after buying an additional 2,771 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the sale, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The transaction 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. In the last 90 days, insiders sold 1,039 shares of company stock valued at $129,594. Corporate insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA opened at $127.23 on Friday. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $163.63. The company has a market cap of $14.81 billion, a PE ratio of 38.56 and a beta of 0.77. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The business has a 50-day simple moving average of $126.65 and a two-hundred day simple moving average of $131.33.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping 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 business had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same quarter last year, the company posted $2.20 earnings per share. The business’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. As a group, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th were issued a $1.53 dividend. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.8%. Mid-America Apartment Communities’s payout ratio is presently 185.45%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on MAA shares. Royal Bank Of Canada dropped their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. Wells Fargo & Company decreased their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. BTIG Research dropped their price target on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Colliers Securities lowered Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, Cantor Fitzgerald decreased their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $145.00.

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.