Wealthfront Advisers LLC Has $6.75 Million Position in Mid-America Apartment Communities, Inc. $MAA

Wealthfront Advisers LLC increased its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 57.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,300 shares of the real estate investment trust’s stock after purchasing an additional 20,135 shares during the period. Wealthfront Advisers LLC’s holdings in Mid-America Apartment Communities were worth $6,753,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after buying an additional 620 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Mid-America Apartment Communities by 47.6% during the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 299 shares during the period. Baird Financial Group Inc. lifted its position in Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock valued at $976,000 after acquiring an additional 437 shares in the last quarter. Walleye Capital LLC bought a new stake in Mid-America Apartment Communities in the 2nd quarter valued at $230,000. Finally, Bank of Nova Scotia lifted its position in Mid-America Apartment Communities by 21.7% in the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock valued at $2,300,000 after acquiring an additional 2,771 shares in the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Tamara D. Fischer purchased 1,100 shares of Mid-America Apartment Communities stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the transaction, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a report on Thursday. They set a “neutral” rating and a $147.00 target price for the company. Morgan Stanley boosted their price target on Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Cantor Fitzgerald reduced their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Finally, Scotiabank lifted their target price on Mid-America Apartment Communities from $129.00 to $137.00 and gave the company a “sector underperform” rating in a research report on Thursday, July 9th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $144.56.

View Our Latest Research Report on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Down 1.3%

Shares of MAA stock opened at $133.07 on Friday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $153.93. The firm’s fifty day moving average price is $134.31 and its two-hundred day moving average price is $132.09. The firm has a market capitalization of $15.49 billion, a P/E ratio of 40.32 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The company 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 company’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, equities analysts predict that Mid-America Apartment Communities, Inc. will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

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

Mid-America Apartment Communities 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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