Kera Capital Partners Inc. Purchases Shares of 4,992 Mid-America Apartment Communities, Inc. $MAA

Kera Capital Partners Inc. acquired a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,992 shares of the real estate investment trust’s stock, valued at approximately $670,000.

A number of other large investors have also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Mid-America Apartment Communities during the fourth quarter worth about $750,603,000. Viking Global Investors LP bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Mid-America Apartment Communities by 621.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after acquiring an additional 1,040,525 shares in the last quarter. Millennium Management LLC lifted its position in Mid-America Apartment Communities by 3,129.2% in the 4th quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock valued at $102,525,000 after acquiring an additional 715,209 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Mid-America Apartment Communities by 30.5% during the 4th quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock valued at $282,105,000 after purchasing an additional 474,989 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Transactions at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer bought 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at $141,405. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last three months, insiders sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is currently owned by corporate insiders.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $132.58 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $153.93. The stock has a market capitalization of $15.43 billion, a PE ratio of 40.18 and a beta of 0.76. The company’s 50 day simple moving average is $130.32 and its two-hundred day simple moving average is $131.68.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last 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. Analysts predict that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Analysts Set New Price Targets

Several analysts have recently commented on MAA shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Wells Fargo & Company cut their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. Cantor Fitzgerald decreased their price target on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Morgan Stanley lowered their price target on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $144.75.

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.