First Trust Advisors LP Increases Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

First Trust Advisors LP lifted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 3.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350,198 shares of the real estate investment trust’s stock after purchasing an additional 11,026 shares during the quarter. First Trust Advisors LP’s holdings in Mid-America Apartment Communities were worth $42,766,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MAA. Norges Bank purchased a new position in Mid-America Apartment Communities in the 4th quarter valued at $750,603,000. Viking Global Investors LP acquired a new position in Mid-America Apartment Communities during the third quarter worth $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Mid-America Apartment Communities by 621.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after acquiring an additional 1,040,525 shares during the period. Millennium Management LLC raised its position in Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after acquiring an additional 715,209 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Mid-America Apartment Communities by 30.5% in the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after acquiring an additional 474,989 shares in the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Trading Down 0.4%

Shares of MAA stock opened at $133.41 on Tuesday. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $152.35. The stock has a market cap of $15.53 billion, a P/E ratio of 40.43 and a beta of 0.74. The business has a fifty day simple moving average of $134.87 and a 200-day simple moving average of $131.79. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data 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. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same period in the previous year, the firm earned $2.20 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. 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, analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. Mid-America Apartment Communities’s payout ratio is presently 185.45%.

Insider Activity

In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction dated Thursday, May 21st. The shares were acquired at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the transaction, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MAA has been the topic of several research analyst reports. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a research report on Wednesday, July 22nd. Truist Financial increased their price target on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 20th. Finally, JPMorgan Chase & Co. began coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They set a “neutral” rating and a $147.00 target price on the stock. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus price target of $145.25.

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.