Wealthfront Advisers LLC acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) in the 2nd quarter, Holdings Channel reports. The fund acquired 43,211 shares of the real estate investment trust’s stock, valued at approximately $6,004,000.
Several other hedge funds also recently made changes to their positions in the company. Physician Wealth Advisors Inc. lifted its holdings in shares of Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 75 shares during the last quarter. Elevation Wealth Partners LLC grew 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 buying an additional 172 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities during the fourth quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities during the third quarter worth approximately $33,000. Finally, Hurley Capital LLC lifted its stake in Mid-America Apartment Communities by 70.4% in 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 last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.
Mid-America Apartment Communities Stock Up 0.6%
Mid-America Apartment Communities stock opened at $132.27 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $146.41. The company has a market cap of $15.35 billion, a PE ratio of 38.68 and a beta of 0.73. The stock’s 50 day moving average price is $135.02 and its 200 day moving average price is $131.54.
Key Headlines Impacting Mid-America Apartment Communities
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Zacks Research raised its Q3 2026 EPS forecast to $2.10 from $2.09, lifted Q4 2026 EPS to $2.19 from $2.18, and increased its full-year 2026 estimate to $8.50 from $8.47. The revised annual forecast is close to the broader consensus of $8.51, suggesting expectations for relatively stable near-term operating performance.
- Positive Sentiment: Analysts remain moderately optimistic about MAA’s longer-term prospects despite the stock’s underperformance versus the broader market over the past year. Mid-America Apartment Communities Stock: Analyst Estimates & Ratings
- Neutral Sentiment: MAA’s shares are trading above their 200-day moving average but below the 50-day average, reflecting a mixed technical picture. As an apartment REIT, the stock may also benefit from its relatively low beta and defensive rental-income profile, though valuation remains elevated at roughly 39 times earnings.
- Negative Sentiment: Zacks reduced several future earnings forecasts, including Q1 2027 EPS to $2.14 from $2.15, Q2 2028 EPS to $2.16 from $2.21, Q3 2027 EPS to $2.10 from $2.16, and Q4 2027 EPS to $2.28 from $2.32.
- Negative Sentiment: Zacks cut its FY2027 EPS forecast to $8.59 from $8.68 and FY2028 EPS to $8.93 from $9.27. The FY2028 reduction is the most significant revision and may weigh on investor sentiment by signaling more limited long-term growth.
- Negative Sentiment: Barclays maintained a Hold rating while lowering its expectations for MAA’s stock price, indicating limited conviction that the shares will outperform in the near term. Barclays Remains a Hold on Mid-America Apartment
Analyst Ratings Changes
Several equities research analysts have recently weighed in on MAA shares. Barclays decreased their price objective on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a report on Monday. Cantor Fitzgerald upped their price target on shares of Mid-America Apartment Communities from $132.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective on the stock. Morgan Stanley dropped their price objective on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 12th. Finally, Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $144.81.
Read Our Latest Stock Report on MAA
Mid-America Apartment Communities Company Profile
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
- Five stocks we like better than Mid-America Apartment Communities
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
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:MAA – Free Report).
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.
