New Age Alpha Advisors LLC Has $2.75 Million Holdings in Mid-America Apartment Communities, Inc. $MAA

New Age Alpha Advisors LLC cut its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 16.8% in the fourth quarter, HoldingsChannel reports. The fund owned 19,799 shares of the real estate investment trust’s stock after selling 4,008 shares during the quarter. New Age Alpha Advisors LLC’s holdings in Mid-America Apartment Communities were worth $2,750,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MAA. Physician Wealth Advisors Inc. lifted its position in Mid-America Apartment Communities by 65.2% during 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 period. Blue Trust Inc. lifted its position in Mid-America Apartment Communities by 9.6% during the 4th quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock valued at $145,000 after purchasing an additional 91 shares during the period. Values First Advisors Inc. lifted its position in Mid-America Apartment Communities by 0.6% during the 4th quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock valued at $2,138,000 after purchasing an additional 93 shares during the period. Larson Financial Group LLC lifted its position in Mid-America Apartment Communities by 1.5% during the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after purchasing an additional 102 shares during the period. Finally, Profund Advisors LLC lifted its position in Mid-America Apartment Communities by 7.1% during the 3rd quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 108 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the sale, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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. Also, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction 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 completion of the acquisition, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ? increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 1,039 shares of company stock valued at $129,594 over the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on MAA shares. Royal Bank Of Canada dropped their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a report on Friday, February 6th. Wells Fargo & Company dropped their price objective on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Barclays upped their price target on Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Citigroup reduced their price objective on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, UBS Group decreased their price objective on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $143.44.

Read Our Latest Stock Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Performance

Shares of Mid-America Apartment Communities stock opened at $130.74 on Wednesday. The company has a market capitalization of $15.22 billion, a PE ratio of 39.62 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $156.76. 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 stock’s fifty day simple moving average is $126.46 and its 200 day simple moving average is $131.35.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS 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 business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same quarter last year, the business posted $2.20 EPS. The firm’s revenue was up .8% compared to the same quarter last year. 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, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

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.

Further Reading

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)

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