West Family Investments Inc. Buys Shares of 7,697 Mid-America Apartment Communities, Inc. $MAA

West Family Investments Inc. bought a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,697 shares of the real estate investment trust’s stock, valued at approximately $1,069,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. purchased a new position in shares of Mid-America Apartment Communities during the second quarter valued at $1,820,661,000. Norges Bank purchased a new stake in Mid-America Apartment Communities in the 4th quarter worth about $750,603,000. Viking Global Investors LP acquired a new stake in Mid-America Apartment Communities during the 3rd quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Mid-America Apartment Communities by 621.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after acquiring an additional 1,040,525 shares during the period. Finally, Millennium Management LLC boosted its position in Mid-America Apartment Communities by 3,129.2% during the 4th quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after acquiring an additional 715,209 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Up 1.0%

MAA opened at $131.47 on Thursday. The company has a market capitalization of $15.25 billion, a PE ratio of 38.44 and a beta of 0.73. 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 fifty-two week low of $120.30 and a fifty-two week high of $146.41. The business has a 50-day moving average of $135.14 and a 200-day moving average of $131.55.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, beating the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The business had revenue of $555.13 million during the quarter, compared to analysts’ expectations of $556.18 million. During the same quarter in the previous year, the business posted $2.15 EPS. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on MAA shares. Mizuho upped their target price on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Weiss Ratings upgraded shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 20th. Piper Sandler lowered their price objective on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Cantor Fitzgerald upped their price objective on shares of Mid-America Apartment Communities from $132.00 to $140.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Finally, 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. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $144.81.

About Mid-America Apartment Communities

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.