Nykredit A S Takes Position in Mid-America Apartment Communities, Inc. $MAA

Nykredit A S purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 40,873 shares of the real estate investment trust’s stock, valued at approximately $5,679,000.

Several other institutional investors have also recently made changes to their positions in MAA. Elevation Wealth Partners LLC raised its stake in Mid-America Apartment Communities by 593.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 172 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in Mid-America Apartment Communities in 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 third quarter worth about $33,000. Transamerica Financial Advisors LLC purchased a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $37,000. Finally, Hurley Capital LLC raised its stake in 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 purchasing an additional 112 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MAA shares. Weiss Ratings upgraded Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective for the company. BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Scotiabank lowered their price target on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating for the company in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Eight equities 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $144.69.

View Our Latest Report on MAA

Mid-America Apartment Communities Trading Up 0.0%

NYSE:MAA opened at $128.35 on Monday. The firm has a fifty day simple moving average of $133.83 and a 200-day simple moving average of $131.24. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $146.41. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $14.89 billion, a P/E ratio of 37.53 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. The business had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The company’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.15 earnings per share. 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. On average, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

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.

See Also

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

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