Independent Financial Group LLC Invests $771,000 in Mid-America Apartment Communities, Inc. $MAA

Independent Financial Group LLC purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,316 shares of the real estate investment trust’s stock, valued at approximately $771,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MAA. Wealthfront Advisers LLC lifted its holdings in Mid-America Apartment Communities by 57.3% during the 1st quarter. Wealthfront Advisers LLC now owns 55,300 shares of the real estate investment trust’s stock worth $6,753,000 after buying an additional 20,135 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of Mid-America Apartment Communities by 33.9% during the 1st quarter. D.A. Davidson & CO. now owns 4,060 shares of the real estate investment trust’s stock valued at $496,000 after acquiring an additional 1,028 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Mid-America Apartment Communities during the 1st quarter valued at approximately $426,000. Calamos Wealth Management LLC bought a new position in Mid-America Apartment Communities during the first quarter worth $208,000. Finally, Calamos Advisors LLC lifted its stake in Mid-America Apartment Communities by 2.9% during the first quarter. Calamos Advisors LLC now owns 59,713 shares of the real estate investment trust’s stock worth $7,292,000 after purchasing an additional 1,702 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Activity at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer purchased 1,100 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were bought 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 of the company’s stock, valued at $141,405. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on MAA. Jefferies Financial Group lowered shares of Mid-America Apartment Communities from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Piper Sandler boosted their price objective on shares of Mid-America Apartment Communities from $140.00 to $143.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Cantor Fitzgerald dropped their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $144.75.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA opened at $132.24 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The firm has a market capitalization of $15.39 billion, a PE ratio of 40.07 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.93. The business’s fifty day moving average price is $134.45 and its two-hundred day moving average price is $131.95.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results 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 net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the prior year, the firm earned $2.20 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. 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 expect that Mid-America Apartment Communities, Inc. will post 8.5 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 annualized dividend and a yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

Mid-America Apartment Communities 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.