Ceredex Value Advisors LLC Sells 48,100 Shares of Mid-America Apartment Communities, Inc. $MAA

Ceredex Value Advisors LLC decreased its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 23.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,875 shares of the real estate investment trust’s stock after selling 48,100 shares during the quarter. Ceredex Value Advisors LLC owned about 0.13% of Mid-America Apartment Communities worth $21,780,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Mid-America Apartment Communities by 1.8% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock valued at $643,000 after buying an additional 83 shares in the last quarter. Profund Advisors LLC raised its position in Mid-America Apartment Communities by 7.1% during the third quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock worth $227,000 after acquiring an additional 108 shares in the last quarter. Signaturefd LLC lifted its stake in Mid-America Apartment Communities by 4.0% in the third quarter. Signaturefd LLC now owns 2,825 shares of the real estate investment trust’s stock valued at $395,000 after acquiring an additional 109 shares during the last quarter. Portside Wealth Group LLC lifted its stake in Mid-America Apartment Communities by 2.1% in the third quarter. Portside Wealth Group LLC now owns 5,821 shares of the real estate investment trust’s stock valued at $813,000 after acquiring an additional 120 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Mid-America Apartment Communities by 36.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 466 shares of the real estate investment trust’s stock valued at $65,000 after acquiring an additional 125 shares during the period. Institutional investors own 93.60% of the company’s stock.

Analyst Ratings Changes

MAA has been the topic of several recent analyst reports. Mizuho boosted their price objective on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Citigroup cut their target price 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. BTIG Research reduced their price target 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. Barclays lowered their price target on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Truist Financial dropped their price objective on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $150.79.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the completion of the sale, the executive vice president directly owned 49,745 shares in the company, valued at $6,876,251.35. The trade was a 9.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Adrian Hill acquired 758 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was purchased at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the completion of the acquisition, the executive vice president owned 48,766 shares in the company, valued at approximately $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have sold 6,079 shares of company stock worth $838,698. Company insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $132.15 on Tuesday. The stock has a market cap of $15.45 billion, a PE ratio of 34.96, a P/E/G ratio of 2.21 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The firm has a 50-day moving average of $135.00 and a 200-day moving average of $135.58. Mid-America Apartment Communities, Inc. has a 52-week low of $125.75 and a 52-week high of $171.56.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The company had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $2.23 EPS. 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. On average, sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a $1.53 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

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.