Gotham Asset Management LLC Boosts Stock Position in Mid-America Apartment Communities, Inc. $MAA

Gotham Asset Management LLC grew its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 23.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 203,658 shares of the real estate investment trust’s stock after purchasing an additional 38,777 shares during the period. Gotham Asset Management LLC owned 0.17% of Mid-America Apartment Communities worth $28,457,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new stake in Mid-America Apartment Communities in the 2nd quarter worth approximately $25,000. Tobam acquired a new stake in shares of Mid-America Apartment Communities during the third quarter worth $26,000. Sentry Investment Management LLC purchased a new stake in shares of Mid-America Apartment Communities in the third quarter valued at $36,000. United Community Bank grew its position in shares of Mid-America Apartment Communities by 1,000.0% in the third 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 position in Mid-America Apartment Communities in the second quarter valued at $45,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Trading Up 0.0%

NYSE:MAA opened at $126.38 on Tuesday. The company has a market cap of $14.77 billion, a PE ratio of 33.43, a P/E/G ratio of 2.11 and a beta of 0.79. The business’s 50 day moving average is $133.88 and its two-hundred day moving average is $135.03. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities, Inc. has a 52 week low of $125.75 and a 52 week high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (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 for the quarter, compared to analyst estimates of $556.80 million. During the same period in the prior year, the company posted $2.23 earnings per share. The business’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, analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 4.8%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value 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. The trade was a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction that occurred 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 sale, the executive vice president 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,079 shares of company stock worth $838,698 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on MAA shares. Truist Financial reduced 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 report on Tuesday, March 10th. 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. UBS Group boosted their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Morgan Stanley decreased their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. 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.com, the company currently has an average rating of “Hold” and a consensus target price of $150.16.

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.