Caisse de depot et placement du Quebec Invests $31.23 Million in Mid-America Apartment Communities, Inc. $MAA

Caisse de depot et placement du Quebec purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 224,735 shares of the real estate investment trust’s stock, valued at approximately $31,225,000. Caisse de depot et placement du Quebec owned 0.19% of Mid-America Apartment Communities at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MAA. Elevation Wealth Partners LLC increased its position in shares of Mid-America Apartment Communities by 593.1% during the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 172 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at approximately $32,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Mid-America Apartment Communities during the third quarter valued at approximately $33,000. Hurley Capital LLC boosted its holdings in shares of 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 purchasing an additional 112 shares during the period. Finally, Root Financial Partners LLC boosted its holdings in shares of Mid-America Apartment Communities by 3,100.0% in the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 279 shares during the period. Institutional investors own 93.60% of the company’s stock.

Wall Street Analyst Weigh In

MAA has been the topic of several research analyst reports. Wall Street Zen raised Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Truist Financial upped their target price on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Piper Sandler dropped their price target on 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. Barclays dropped their price target on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Monday, August 17th. Finally, Weiss Ratings upgraded Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 20th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $144.81.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $129.63 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. The company has a 50 day moving average price of $134.55 and a 200-day moving average price of $131.49. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $146.41. The stock has a market capitalization of $15.04 billion, a PE ratio of 37.90 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. Mid-America Apartment Communities’s revenue was up 1.0% compared to the same quarter last year. During the same period last year, the company posted $2.15 earnings per share. 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 analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

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.