Mid-America Apartment Communities, Inc. $MAA Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 12.6% during the fourth quarter, Holdings Channel reports. The fund owned 119,867 shares of the real estate investment trust’s stock after selling 17,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Mid-America Apartment Communities were worth $16,651,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Mid-America Apartment Communities by 5.1% during the 1st 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 increased its stake in Mid-America Apartment Communities by 47.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock valued at $137,000 after buying an additional 299 shares during the period. Baird Financial Group Inc. increased its stake in Mid-America Apartment Communities by 7.1% during 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 buying an additional 437 shares during the period. Walleye Capital LLC acquired a new position in Mid-America Apartment Communities during the 2nd quarter valued at about $230,000. Finally, Bank of Nova Scotia increased its stake in Mid-America Apartment Communities by 21.7% during 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 buying an additional 2,771 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the transaction, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 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. Insiders have sold 1,039 shares of company stock valued at $129,594 in the last ninety days. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MAA. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Wells Fargo & Company lowered their target price on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Cantor Fitzgerald lowered their target price on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Finally, BTIG Research lowered their target price on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and a consensus price target of $147.78.

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $129.26 on Thursday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $163.63. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average of $126.78 and a 200-day moving average of $131.38. The firm has a market cap of $15.04 billion, a price-to-earnings ratio of 39.17 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same quarter last year, the firm posted $2.20 EPS. The business’s revenue for the quarter 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. Analysts forecast that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th were issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

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.