Dockside LLC Acquires Shares of 14,482 Mid-America Apartment Communities, Inc. $MAA

Dockside LLC acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) in the fourth quarter, Holdings Channel reports. The fund acquired 14,482 shares of the real estate investment trust’s stock, valued at approximately $2,012,000.

A number of other institutional investors have also recently bought and sold shares of the business. Kestra Advisory Services LLC boosted its holdings in Mid-America Apartment Communities by 6.2% in the 4th quarter. Kestra Advisory Services LLC now owns 5,573 shares of the real estate investment trust’s stock valued at $774,000 after purchasing an additional 324 shares during the period. Carronade Capital Management LP boosted its holdings in Mid-America Apartment Communities by 2.5% in the 4th quarter. Carronade Capital Management LP now owns 44,268 shares of the real estate investment trust’s stock valued at $6,149,000 after purchasing an additional 1,084 shares during the period. Marshall Wace LLP boosted its holdings in Mid-America Apartment Communities by 33.7% in the 4th quarter. Marshall Wace LLP now owns 217,594 shares of the real estate investment trust’s stock valued at $30,226,000 after purchasing an additional 54,800 shares during the period. Quinn Opportunity Partners LLC boosted its holdings in Mid-America Apartment Communities by 17.0% in the 4th quarter. Quinn Opportunity Partners LLC now owns 233,500 shares of the real estate investment trust’s stock valued at $32,435,000 after purchasing an additional 34,000 shares during the period. Finally, BROOKFIELD Corp ON boosted its holdings in Mid-America Apartment Communities by 71.8% in the 4th quarter. BROOKFIELD Corp ON now owns 202,799 shares of the real estate investment trust’s stock valued at $28,171,000 after purchasing an additional 84,789 shares during the period. Institutional investors own 93.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on MAA shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. BTIG Research cut their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Morgan Stanley cut their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, March 16th. Mizuho boosted their price objective on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a research report on Wednesday. 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 report on Thursday, April 23rd. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $144.19.

View Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Up 0.5%

NYSE MAA opened at $138.83 on Friday. The business has a fifty day moving average price of $129.38 and a two-hundred day moving average price of $131.71. 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 fifty-two week low of $120.30 and a fifty-two week high of $153.93. The stock has a market capitalization of $16.16 billion, a PE ratio of 42.07 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same period in the prior year, the company earned $2.20 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. 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. Equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a yield of 4.4%. Mid-America Apartment Communities’s dividend payout ratio is presently 185.45%.

Insider Activity at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average price of $128.55 per share, with a total value of $141,405.00. Following the purchase, the director directly 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 legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Amber Fairbanks sold 711 shares of the stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of 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. 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 owned by insiders.

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.

Recommended Stories

Want to see what other hedge funds are holding MAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report).

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

Receive News & Ratings for Mid-America Apartment Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-America Apartment Communities and related companies with MarketBeat.com's FREE daily email newsletter.