SEB Asset Management AB Invests $2.74 Million in Mid-America Apartment Communities, Inc. $MAA

SEB Asset Management AB bought a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 22,459 shares of the real estate investment trust’s stock, valued at approximately $2,743,000.

Other hedge funds have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after buying an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Mid-America Apartment Communities by 47.6% in the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 299 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock valued at $976,000 after acquiring an additional 437 shares during the period. Walleye Capital LLC purchased a new position in shares of Mid-America Apartment Communities in the 2nd quarter valued at $230,000. Finally, Bank of Nova Scotia lifted its holdings in shares of Mid-America Apartment Communities by 21.7% during the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock valued at $2,300,000 after acquiring an additional 2,771 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired 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 $141,405. The trade was a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

MAA has been the subject of a number of research reports. Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. Wells Fargo & Company raised their price objective on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “hold” rating in a research note on Wednesday. UBS Group lowered their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Finally, Wall Street Zen downgraded Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $145.25.

Mid-America Apartment Communities Price Performance

MAA opened at $132.74 on Friday. The company has a fifty day simple moving average of $134.60 and a 200 day simple moving average of $131.85. The firm has a market cap 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 twelve month low of $120.30 and a twelve month high of $153.31. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (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 firm had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same quarter in the previous year, the firm posted $2.20 EPS. The firm’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. Equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

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