NewEdge Advisors LLC reduced its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 90.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,152 shares of the real estate investment trust’s stock after selling 90,233 shares during the quarter. NewEdge Advisors LLC’s holdings in Mid-America Apartment Communities were worth $1,118,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. raised its position in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 75 shares in the last quarter. Values First Advisors Inc. boosted its position in shares of Mid-America Apartment Communities by 0.5% during the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after purchasing an additional 82 shares in the last quarter. New Mexico Educational Retirement Board boosted its holdings in Mid-America Apartment Communities by 1.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 100 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Mid-America Apartment Communities by 1.5% in the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after acquiring an additional 102 shares during the period. Finally, World Investment Advisors increased its position in shares of Mid-America Apartment Communities by 5.3% in the first quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock valued at $265,000 after buying an additional 110 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.
Insider Activity
In other news, Director Tamara D. Fischer bought 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the transaction, the director owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.60% of the company’s stock.
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on Mid-America Apartment Communities
Mid-America Apartment Communities Trading Down 1.6%
Shares of MAA stock opened at $131.40 on Tuesday. The company has a market capitalization of $15.25 billion, a price-to-earnings ratio of 38.42 and a beta of 0.73. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm has a 50-day moving average price of $135.48 and a 200 day moving average price of $131.58. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the company earned $2.15 EPS. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.
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.
Read More
- Five stocks we like better than Mid-America Apartment Communities
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Want to see what other hedge funds are holding MAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report).
Receive News & Ratings for Mid-America Apartment Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-America Apartment Communities and related companies with MarketBeat.com's FREE daily email newsletter.
