Hsbc Holdings PLC Acquires New Stake in Mid-America Apartment Communities, Inc. $MAA

Hsbc Holdings PLC bought a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the second quarter, HoldingsChannel.com reports. The fund bought 527,345 shares of the real estate investment trust’s stock, valued at approximately $73,371,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Elevation Wealth Partners LLC grew its stake in Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new stake in Mid-America Apartment Communities during the 4th quarter valued at $32,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth $33,000. Root Financial Partners LLC lifted its holdings in shares of Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 279 shares during the period. Finally, Hurley Capital LLC increased its stake in shares of Mid-America Apartment Communities by 70.4% during the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 112 shares during the period. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Trading Down 0.3%

NYSE MAA opened at $131.61 on Thursday. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $146.41. The company has a 50 day moving average price of $134.68 and a 200 day moving average price of $131.52. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm has a market cap of $15.27 billion, a PE ratio of 38.48 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating 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 company had revenue of $555.13 million during the quarter, compared to the consensus estimate of $556.18 million. During the same period last year, the firm earned $2.15 earnings per share. Mid-America Apartment Communities’s revenue was up 1.0% compared to the same quarter last year. 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. As a group, sell-side analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MAA. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a report on Wednesday, July 22nd. Wells Fargo & Company boosted their price objective on shares of Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. UBS Group dropped their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Finally, Piper Sandler decreased their price objective on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $144.81.

About Mid-America Apartment Communities

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.