RFG Advisory LLC Lowers Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

RFG Advisory LLC cut its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 56.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,833 shares of the real estate investment trust’s stock after selling 7,431 shares during the quarter. RFG Advisory LLC’s holdings in Mid-America Apartment Communities were worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. OP Asset Management Ltd acquired a new position in Mid-America Apartment Communities during the 1st quarter worth about $1,480,000. Baker Ellis Asset Management LLC grew its position in Mid-America Apartment Communities by 12.4% in the 1st quarter. Baker Ellis Asset Management LLC now owns 54,116 shares of the real estate investment trust’s stock valued at $6,609,000 after acquiring an additional 5,977 shares in the last quarter. Values First Advisors Inc. grew its position in Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock valued at $1,889,000 after acquiring an additional 82 shares in the last quarter. SG Americas Securities LLC increased its stake in Mid-America Apartment Communities by 524.0% during the first quarter. SG Americas Securities LLC now owns 512,086 shares of the real estate investment trust’s stock worth $62,536,000 after purchasing an additional 430,023 shares during the period. Finally, Evolve Private Wealth LLC lifted its position in shares of Mid-America Apartment Communities by 17.1% during the first quarter. Evolve Private Wealth LLC now owns 2,076 shares of the real estate investment trust’s stock worth $254,000 after purchasing an additional 303 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Down 0.0%

MAA stock opened at $140.66 on Tuesday. The company’s 50 day moving average price is $131.70 and its 200 day moving average price is $131.83. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $153.93. The firm has a market capitalization of $16.37 billion, a price-to-earnings ratio of 42.63 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results 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 firm had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. During the same quarter last year, the company earned $2.20 earnings per share. 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, equities research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Wall Street Analyst Weigh In

MAA has been the subject of a number of research reports. Citigroup restated a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Morgan Stanley increased their target price on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. BTIG Research dropped their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Wall Street Zen raised Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $144.69.

Insider Buying and Selling at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ? increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 711 shares of the stock in a transaction on 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 position. The SEC filing for this sale provides additional information. 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. Over the last ninety days, insiders have sold 1,039 shares of company stock valued at $129,594. Corporate insiders own 0.60% of the company’s stock.

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.