Delta Global Management LP Takes $2.24 Million Position in Mid-America Apartment Communities, Inc. $MAA

Delta Global Management LP bought a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 16,019 shares of the real estate investment trust’s stock, valued at approximately $2,238,000.

Other large investors have also recently modified their holdings of the company. Appleton Partners Inc. MA purchased a new position in Mid-America Apartment Communities during the third quarter worth $915,000. Norges Bank purchased a new stake in shares of Mid-America Apartment Communities in the second quarter valued at $795,893,000. Algebris UK Ltd. purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $14,461,000. Exchange Traded Concepts LLC lifted its holdings in shares of Mid-America Apartment Communities by 85.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust’s stock worth $4,002,000 after acquiring an additional 13,198 shares during the last quarter. Finally, Barings LLC purchased a new position in shares of Mid-America Apartment Communities during the 2nd quarter worth about $2,268,000. Institutional investors own 93.60% of the company’s stock.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction dated 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Amber Fairbanks sold 233 shares of the company’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president directly owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock valued at $838,698 over the last quarter. Company insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Trading Up 0.0%

Shares of MAA opened at $126.38 on Tuesday. The firm has a market capitalization of $14.77 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 2.11 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. 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 50-day moving average of $133.88 and a 200 day moving average of $135.03.

Mid-America Apartment Communities (NYSE:MAA) last issued its 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). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The company had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the prior year, the company earned $2.23 earnings per share. Mid-America Apartment Communities’s revenue was up 1.0% on a year-over-year basis. 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, research analysts expect 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. Shareholders of record on Thursday, January 15th were given a dividend of $1.53 per share. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio is presently 161.90%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MAA. Cantor Fitzgerald upped their price target on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Wells Fargo & Company dropped their target price on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, November 25th. Evercore cut their target price on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a research note on Monday, December 15th. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday, February 9th. Finally, Mizuho raised their price target on 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. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Mid-America Apartment Communities currently has an average rating of “Hold” and an average price target of $150.16.

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.