Sequoia Financial Advisors LLC Has $987,000 Position in Mid-America Apartment Communities, Inc. $MAA

Sequoia Financial Advisors LLC raised its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 318.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,102 shares of the real estate investment trust’s stock after buying an additional 5,404 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mid-America Apartment Communities were worth $987,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Appleton Partners Inc. MA bought a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $915,000. Algebris UK Ltd. bought a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $14,461,000. Illinois Municipal Retirement Fund grew its position in shares of Mid-America Apartment Communities by 71.8% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 85,518 shares of the real estate investment trust’s stock valued at $11,949,000 after acquiring an additional 35,740 shares during the period. Bayhunt Capital LLC bought a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at about $8,619,000. Finally, Wealthfront Advisers LLC grew its position in shares of Mid-America Apartment Communities by 42.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 31,122 shares of the real estate investment trust’s stock valued at $4,349,000 after acquiring an additional 9,318 shares during the period. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $129.26 on Thursday. The company has a market capitalization of $15.04 billion, a price-to-earnings ratio of 39.17 and a beta of 0.77. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The company has a 50-day simple moving average of $126.78 and a 200 day simple moving average of $131.38. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $163.63.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. Mid-America Apartment Communities’s revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.20 EPS. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. On average, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 15th were issued a dividend of $1.53 per share. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. Mid-America Apartment Communities’s payout ratio is presently 185.45%.

Wall Street Analyst Weigh In

MAA has been the subject of a number of analyst reports. Scotiabank decreased their price objective on shares of Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating for the company in a research report on Monday, March 23rd. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Citigroup decreased their price objective on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada decreased 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 report on Friday, February 6th. 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 analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $147.78.

Insider Activity at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 1,039 shares of company stock worth $129,594. Insiders own 0.60% of the company’s stock.

About Mid-America Apartment Communities

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.