Goldman Sachs Group Inc. Boosts Holdings in Mid-America Apartment Communities, Inc. $MAA

Goldman Sachs Group Inc. raised its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 55.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,135,706 shares of the real estate investment trust’s stock after purchasing an additional 405,120 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Mid-America Apartment Communities were worth $157,761,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Tobam purchased a new stake in Mid-America Apartment Communities in the third quarter valued at $26,000. Physician Wealth Advisors Inc. boosted its holdings 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 valued at $26,000 after purchasing an additional 75 shares during the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities in the third quarter valued at $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities in the third quarter valued at $36,000. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Mid-America Apartment Communities during the 3rd quarter worth about $46,000. 93.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. KeyCorp lowered their target price on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Barclays increased their target price on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Scotiabank reissued a “sector underperform” rating and set a $120.00 target price (down from $138.00) on shares of Mid-America Apartment Communities in a research note on Thursday, May 14th. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Seven research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities has an average rating of “Hold” and a consensus target price of $143.44.

Mid-America Apartment Communities Trading Up 0.1%

MAA stock opened at $137.65 on Monday. The company’s 50-day simple moving average is $127.71 and its 200-day simple moving average is $131.45. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $153.93. The firm has a market cap of $16.02 billion, a P/E ratio of 41.71 and a beta of 0.76.

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 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 during the quarter, compared to the consensus estimate of $555.75 million. During the same quarter in the prior year, the firm earned $2.20 EPS. The company’s revenue for the quarter 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. As a group, equities analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

Insider Activity

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction dated 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 sale, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This represents a 13.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Also, Director Tamara D. Fischer acquired 1,100 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average price of $128.55 per share, with a total value of $141,405.00. Following the acquisition, the director owned 1,100 shares in the company, valued at $141,405. The trade was a ? increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 1,039 shares of company stock valued at $129,594. 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.