Coronation Fund Managers Ltd. Takes Position in Mid-America Apartment Communities, Inc. $MAA

Posted by Stanley Muller on Jul 23rd, 2026

Coronation Fund Managers Ltd. bought a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 102,498 shares of the real estate investment trust’s stock, valued at approximately $12,517,000.

Other large investors also recently modified their holdings of the company. Physician Wealth Advisors Inc. increased its position in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 75 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities during the 3rd quarter valued at about $33,000. Root Financial Partners LLC increased its holdings in Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 279 shares in the last quarter. Finally, Hurley Capital LLC increased its holdings in Mid-America Apartment Communities by 70.4% during the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 112 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Piper Sandler raised their price objective on Mid-America Apartment Communities from $140.00 to $143.00 and gave the company a “neutral” rating in a research note on Tuesday. Citigroup reissued a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. Scotiabank boosted their price target on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. began coverage on shares of Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price objective for the company. Finally, Wells Fargo & Company increased their price objective on shares of Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $145.25.

Check Out Our Latest Research Report on MAA

Insider Activity at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $131.56 on Thursday. The company has a market capitalization of $15.31 billion, a P/E ratio of 39.87 and a beta of 0.74. The company’s 50-day moving average is $134.49 and its 200 day moving average is $131.89. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $153.93.

Mid-America Apartment Communities (NYSE:MAA – Get Free Report) 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 business had revenue of $553.73 million during 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 firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter last year, the company posted $2.20 earnings per share. 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. On average, equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

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 4.7%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is 185.45%.

About Mid-America Apartment Communities

(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.