Mid-America Apartment Communities, Inc. $MAA Stake Lessened by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd lessened its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 59.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,019 shares of the real estate investment trust’s stock after selling 11,740 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Mid-America Apartment Communities were worth $1,120,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MAA. Tokio Marine Asset Management Co. Ltd. raised its stake in shares of Mid-America Apartment Communities by 1.8% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock worth $643,000 after buying an additional 83 shares in the last quarter. Profund Advisors LLC grew its holdings in Mid-America Apartment Communities by 7.1% during the third quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock worth $227,000 after acquiring an additional 108 shares during the period. Signaturefd LLC grew its holdings in Mid-America Apartment Communities by 4.0% during the third quarter. Signaturefd LLC now owns 2,825 shares of the real estate investment trust’s stock worth $395,000 after acquiring an additional 109 shares during the period. GeoWealth Management LLC raised its position in Mid-America Apartment Communities by 3.3% in the third quarter. GeoWealth Management LLC now owns 3,575 shares of the real estate investment trust’s stock worth $500,000 after acquiring an additional 115 shares in the last quarter. Finally, Quarry LP lifted its holdings in Mid-America Apartment Communities by 40.9% in the 3rd quarter. Quarry LP now owns 410 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 119 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Trading Up 0.5%

Mid-America Apartment Communities stock opened at $122.42 on Tuesday. Mid-America Apartment Communities, Inc. has a 52 week low of $121.22 and a 52 week high of $169.42. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 32.39 and a beta of 0.79. The company has a 50 day moving average price of $132.70 and a 200 day moving average price of $134.34.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last announced its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million for the quarter, compared to analyst estimates of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the firm earned $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a yield of 5.0%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 161.90%.

Insider Activity

In related news, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the sale, the executive vice president directly owned 49,745 shares in the company, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the transaction, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 6,079 shares of company stock worth $838,698. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on MAA shares. Royal Bank Of Canada lowered their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. Wells Fargo & Company dropped their price target on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. Citigroup reduced their price objective on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Finally, Colliers Securities lowered Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $150.05.

Check Out Our Latest Research Report on Mid-America Apartment Communities

Mid-America Apartment Communities Company Profile

(Free Report)

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.

Further Reading

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:MAAFree Report).

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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.