NEOS Investment Management LLC Purchases 3,950 Shares of Mid-America Apartment Communities, Inc. $MAA

NEOS Investment Management LLC raised its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 10.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,687 shares of the real estate investment trust’s stock after purchasing an additional 3,950 shares during the period. NEOS Investment Management LLC’s holdings in Mid-America Apartment Communities were worth $5,931,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after buying an additional 620 shares during the period. EverSource Wealth Advisors LLC increased its stake in Mid-America Apartment Communities by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 299 shares during the last quarter. Baird Financial Group Inc. increased its stake in Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after acquiring an additional 437 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at about $230,000. Finally, Bank of Nova Scotia raised its holdings in shares of Mid-America Apartment Communities by 21.7% in the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock valued at $2,300,000 after acquiring an additional 2,771 shares in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Up 0.0%

Shares of MAA opened at $128.35 on Monday. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $146.41. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a 50 day simple moving average of $133.83 and a two-hundred day simple moving average of $131.24. The firm has a market cap of $14.89 billion, a P/E ratio of 37.53 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $0.76 by $1.32. The firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The business’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the firm posted $2.15 earnings per share. 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. On average, analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Barclays cut their price objective on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a report on Monday, August 17th. Piper Sandler lowered their target price on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Scotiabank dropped their target price on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating for the company in a research report on Tuesday, August 4th. Wells Fargo & Company decreased their price target on shares of Mid-America Apartment Communities from $148.00 to $146.00 and set an “overweight” rating on the stock in a report on Tuesday, September 1st. Finally, Weiss Ratings upgraded shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $144.69.

Mid-America Apartment Communities Company 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.