Sequoia Financial Advisors LLC Sells 4,898 Shares of Mid-America Apartment Communities, Inc. $MAA

Sequoia Financial Advisors LLC reduced its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 69.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,204 shares of the real estate investment trust’s stock after selling 4,898 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mid-America Apartment Communities were worth $269,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of MAA. Physician Wealth Advisors Inc. increased its stake in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares during the period. Nalls Sherbakoff Group LLC purchased a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at $32,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities during the third quarter valued at $33,000. Root Financial Partners LLC grew 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 worth $35,000 after purchasing an additional 279 shares during the last quarter. Finally, Hurley Capital LLC grew 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 worth $38,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of NYSE:MAA opened at $132.74 on Friday. The firm has a 50 day moving average of $134.60 and a 200 day moving average of $131.85. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.45 billion, a price-to-earnings ratio of 40.23 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $153.31.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. The business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business’s revenue was up .8% compared to the same quarter last year. During the same period last year, the business posted $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, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

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

Analysts Set New Price Targets

MAA has been the subject of a number of research analyst reports. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a report on Wednesday. Morgan Stanley lifted their price target on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Weiss Ratings upgraded Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Wells Fargo & Company increased their price objective on Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Cantor Fitzgerald reduced their price objective 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 investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $145.25.

Insider Buying and Selling

In other news, Director Tamara D. Fischer purchased 1,100 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the transaction, the director owned 1,100 shares in the company, valued at $141,405. This represents a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 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.