Northwestern Mutual Wealth Management Co. Has $6.39 Million Stake in Mid-America Apartment Communities, Inc. $MAA

Northwestern Mutual Wealth Management Co. raised its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 18.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 46,012 shares of the real estate investment trust’s stock after purchasing an additional 7,214 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Mid-America Apartment Communities were worth $6,392,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mid-America Apartment Communities by 5.1% in the 1st 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 acquiring an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of 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 valued at $137,000 after acquiring an additional 299 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of 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 valued at $976,000 after acquiring an additional 437 shares in the last quarter. Walleye Capital LLC bought a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at $230,000. Finally, Bank of Nova Scotia increased its stake 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. Institutional investors and hedge funds own 93.60% of the company’s stock.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction on 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 acquisition, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 1,039 shares of company stock worth $129,594 over the last three months. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Barclays lifted their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Morgan Stanley lowered their price objective on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Colliers Securities lowered shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Cantor Fitzgerald lowered their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Wells Fargo & Company lowered their price objective on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $143.44.

Mid-America Apartment Communities Price Performance

MAA opened at $128.82 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The company has a market capitalization of $14.99 billion, a price-to-earnings ratio of 39.04 and a beta of 0.76. The firm’s fifty day moving average price is $126.74 and its two-hundred day moving average price is $131.36. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $155.36.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.20 EPS. 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. As a group, analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is 185.45%.

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.