Hahn Capital Management LLC decreased its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 16.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,077 shares of the real estate investment trust’s stock after selling 7,178 shares during the quarter. Mid-America Apartment Communities comprises about 2.8% of Hahn Capital Management LLC’s portfolio, making the stock its 17th biggest holding. Hahn Capital Management LLC’s holdings in Mid-America Apartment Communities were worth $4,528,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. boosted its position in Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 75 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities in the 3rd quarter valued at about $33,000. Root Financial Partners LLC lifted its stake in Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 279 shares in the last quarter. Finally, Hurley Capital LLC lifted its stake in Mid-America Apartment Communities by 70.4% in the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 112 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Mid-America Apartment Communities
In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction dated Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director owned 1,100 shares in the company, valued at $141,405. This trade represents a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.60% of the company’s stock.
Mid-America Apartment Communities Stock Up 0.1%
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.20 EPS. 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 predict that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share 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. Stockholders of record on Wednesday, July 15th will be paid a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 24th. Wells Fargo & Company reduced their price objective on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. Jefferies Financial Group lowered Mid-America Apartment Communities from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Barclays upped their target price on Mid-America Apartment Communities from $139.00 to $147.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Finally, Cantor Fitzgerald reduced their price target on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given 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 an average target price of $144.56.
Read Our Latest Research Report on MAA
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.
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