ING Groep NV Invests $2.12 Million in Mid-America Apartment Communities, Inc. $MAA

ING Groep NV purchased a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the third quarter, HoldingsChannel.com reports. The firm purchased 15,135 shares of the real estate investment trust’s stock, valued at approximately $2,115,000.

Other large investors have also recently bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 1.8% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock worth $643,000 after acquiring an additional 83 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Mid-America Apartment Communities by 1.9% during the second quarter. Arkadios Wealth Advisors now owns 4,518 shares of the real estate investment trust’s stock worth $669,000 after purchasing an additional 84 shares during the period. State of Michigan Retirement System lifted its holdings in Mid-America Apartment Communities by 0.3% during the 2nd quarter. State of Michigan Retirement System now owns 35,399 shares of the real estate investment trust’s stock worth $5,239,000 after purchasing an additional 100 shares during the last quarter. Stephens Inc. AR boosted its stake in Mid-America Apartment Communities by 3.8% in the 2nd quarter. Stephens Inc. AR now owns 2,867 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 105 shares during the period. Finally, Profund Advisors LLC boosted its stake in Mid-America Apartment Communities by 7.1% in the 3rd quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 108 shares during the period. 93.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Piper Sandler lowered their price objective on Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Citigroup decreased their price target on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research note on Friday. Evercore lowered their price target on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th. Royal Bank Of Canada dropped their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research note on Friday, February 6th. Finally, UBS Group increased their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $153.55.

Mid-America Apartment Communities Trading Up 1.6%

MAA opened at $135.56 on Friday. The stock has a market capitalization of $15.85 billion, a price-to-earnings ratio of 35.86, a P/E/G ratio of 2.21 and a beta of 0.79. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a twelve month low of $125.75 and a twelve month high of $173.38. The company has a 50-day simple moving average of $135.21 and a 200 day simple moving average of $136.52.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $556.80 million. During the same period in the prior year, the business earned $2.23 earnings per share. Mid-America Apartment Communities’s quarterly revenue was up 1.0% compared to the same quarter last year. 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. Analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a dividend of $1.53 per share. The ex-dividend date was Thursday, January 15th. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the transaction, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. This represents a 5.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Adrian Hill purchased 758 shares of the stock in a transaction dated Friday, December 12th. The shares were bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the completion of the acquisition, the executive vice president directly owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. This represents a 1.58% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have sold 6,079 shares of company stock valued at $838,698. 1.20% of the stock is currently owned by corporate insiders.

Mid-America Apartment Communities 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.