Northwestern Mutual Wealth Management Co. Cuts Stake in Mid-America Apartment Communities, Inc. $MAA

Northwestern Mutual Wealth Management Co. cut its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 61.9% in the 4th quarter, Holdings Channel reports. The fund owned 14,793 shares of the real estate investment trust’s stock after selling 24,005 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Mid-America Apartment Communities were worth $2,055,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Appleton Partners Inc. MA acquired a new stake in shares of Mid-America Apartment Communities during the third quarter valued at about $915,000. Quinn Opportunity Partners LLC grew its stake in shares of Mid-America Apartment Communities by 97.5% during the third quarter. Quinn Opportunity Partners LLC now owns 199,500 shares of the real estate investment trust’s stock valued at $27,876,000 after acquiring an additional 98,500 shares in the last quarter. Symmetry Partners LLC acquired a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at about $1,126,000. Bayhunt Capital LLC acquired a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at about $8,619,000. Finally, Illinois Municipal Retirement Fund grew its stake in shares of Mid-America Apartment Communities by 71.8% during the third 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 in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Stock Down 0.3%

NYSE:MAA opened at $130.74 on Wednesday. The company has a market capitalization of $15.22 billion, a price-to-earnings ratio of 39.62 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $156.76. The stock has a 50-day simple moving average of $126.46 and a 200 day simple moving average of $131.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 6.61% and a net margin of 17.60%.The company’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $2.20 earnings per share. 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. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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. Also, Director Tamara D. Fischer bought 1,100 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 1,039 shares of company stock worth $129,594 in the last three months. 0.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

MAA has been the subject of several recent analyst reports. Barclays raised their target price on Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. KeyCorp lowered their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Scotiabank restated a “sector underperform” rating and set a $120.00 target price (down from $138.00) on shares of Mid-America Apartment Communities in a research note on Thursday, May 14th. Royal Bank Of Canada lowered their target price on 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. Finally, Cantor Fitzgerald lowered their target price on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Seven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and an average target price of $143.44.

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.