West Family Investments Inc. Takes Position in Mid-America Apartment Communities, Inc. $MAA

West Family Investments Inc. acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,697 shares of the real estate investment trust’s stock, valued at approximately $1,069,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System grew its stake in shares of Mid-America Apartment Communities by 15,857.1% during the 2nd quarter. California State Teachers Retirement System now owns 27,639,334 shares of the real estate investment trust’s stock valued at $3,840,209,000 after purchasing an additional 27,466,124 shares during the period. BlackRock Inc. bought a new stake in shares of Mid-America Apartment Communities during the 2nd quarter valued at $1,820,661,000. State Street Corp raised its holdings in Mid-America Apartment Communities by 1.6% in the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after purchasing an additional 125,130 shares during the period. Norges Bank bought a new stake in Mid-America Apartment Communities during the fourth quarter valued at about $750,603,000. Finally, Viking Global Investors LP lifted its position in shares of Mid-America Apartment Communities by 46.7% during the 4th quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after buying an additional 1,234,966 shares in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Trading Down 0.2%

Shares of NYSE MAA traded down $0.28 during trading hours on Tuesday, hitting $128.04. 976,540 shares of the company traded hands, compared to its average volume of 979,437. The company’s 50 day moving average price is $133.58 and its 200 day moving average price is $131.20. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $145.80. The stock has a market capitalization of $14.86 billion, a price-to-earnings ratio of 37.44 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.

Mid-America Apartment Communities (NYSE:MAA) last released its 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. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm had revenue of $555.13 million during the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the business earned $2.15 EPS. The business’s revenue was up 1.0% on a year-over-year basis. 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, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Barclays lowered their target price on shares of Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating on the stock in a research note on Monday, August 17th. JPMorgan Chase & Co. assumed coverage on Mid-America Apartment Communities in a report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target on the stock. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Morgan Stanley cut their price objective on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. Finally, Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus target price of $143.94.

Mid-America Apartment Communities 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.