Capital World Investors Sells 913,025 Shares of Mid-America Apartment Communities, Inc. $MAA

Capital World Investors decreased its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,871,242 shares of the real estate investment trust’s stock after selling 913,025 shares during the quarter. Capital World Investors owned about 0.07% of Mid-America Apartment Communities worth $1,099,849,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC bought a new position in shares of Mid-America Apartment Communities in the second quarter valued at $25,000. Tobam bought a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $26,000. Sentry Investment Management LLC acquired a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth about $36,000. United Community Bank raised its holdings in shares of Mid-America Apartment Communities by 1,000.0% in the 3rd 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, CYBER HORNET ETFs LLC acquired a new stake in Mid-America Apartment Communities in the 2nd quarter valued at about $45,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. This trade represents a 5.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Adrian Hill acquired 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, for a total transaction of $99,927.14. Following the transaction, 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 position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 6,079 shares of company stock valued at $838,698. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

MAA has been the topic of a number of recent analyst reports. 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, March 6th. Truist Financial lowered their target price on Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating on the stock in a research note on Tuesday. Scotiabank reduced their price target on Mid-America Apartment Communities from $142.00 to $140.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 4th. Citigroup dropped 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 report on Friday, February 13th. Finally, BTIG Research decreased their target price 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. Eight equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $150.58.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $130.06 on Wednesday. Mid-America Apartment Communities, Inc. has a 1 year low of $125.75 and a 1 year high of $169.42. The company has a fifty day moving average price of $134.80 and a 200-day moving average price of $135.49. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market cap of $15.20 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 2.20 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share 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 analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.Mid-America Apartment Communities’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the firm posted $2.23 earnings per share. 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, equities research 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 company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were issued a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.7%. 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. Mid-America Apartment Communities’s payout ratio is 161.90%.

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.