Handelsbanken Fonder AB Sells 43,078 Shares of Mid-America Apartment Communities, Inc. $MAA

Handelsbanken Fonder AB lessened its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 52.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,500 shares of the real estate investment trust’s stock after selling 43,078 shares during the quarter. Handelsbanken Fonder AB’s holdings in Mid-America Apartment Communities were worth $5,348,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MAA. Viking Global Investors LP bought a new stake in shares of Mid-America Apartment Communities in the third quarter worth $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after purchasing an additional 1,040,525 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Mid-America Apartment Communities in the second quarter worth $54,314,000. UBS Group AG lifted its position in shares of Mid-America Apartment Communities by 65.7% in the third quarter. UBS Group AG now owns 712,167 shares of the real estate investment trust’s stock worth $99,511,000 after purchasing an additional 282,278 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in Mid-America Apartment Communities by 1,766.5% during the fourth quarter. Teacher Retirement System of Texas now owns 286,189 shares of the real estate investment trust’s stock worth $39,755,000 after buying an additional 270,856 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer acquired 1,100 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the acquisition, the director directly owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last quarter, insiders sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MAA. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Barclays boosted 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 report on Monday, May 11th. Wells Fargo & Company lowered their target price on shares of Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Citigroup lowered their target price on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Scotiabank restated a “sector underperform” rating and set a $120.00 target price (down from $138.00) on shares of Mid-America Apartment Communities in a report on Thursday, May 14th. Seven research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $143.44.

Check Out Our Latest Report on MAA

Key Mid-America Apartment Communities News

Here are the key news stories impacting Mid-America Apartment Communities this week:

  • Positive Sentiment: Director Tamara D. Fischer bought 1,100 shares at $128.55, which investors often view as a vote of confidence from management. Tamara Fischer Buys 1,100 Shares of Mid-America Apartment Communities (NYSE:MAA) Stock
  • Positive Sentiment: Zacks Research nudged its FY2028 EPS estimate higher to $9.27 from $9.20, suggesting a slightly better long-term earnings outlook for the apartment REIT. Mid-America Apartment Communities stock page
  • Positive Sentiment: Shareholders backed the board and pay plans at the annual meeting, reducing governance uncertainty for the company. Mid-America Apartment Shareholders Back Board and Pay Plans
  • Neutral Sentiment: Several recent analyst notes made only small changes to near-term estimates, including modest adjustments to quarterly EPS forecasts and a slight increase in one long-dated forecast, which may not materially move the stock on their own.
  • Negative Sentiment: Zacks Research cut FY2026 and FY2027 earnings estimates, along with several 2026–2027 quarterly forecasts, which could weigh on sentiment by signaling slower expected earnings growth in the next couple of years.

Mid-America Apartment Communities Price Performance

NYSE:MAA opened at $131.20 on Friday. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $156.76. The company has a market cap of $15.27 billion, a P/E ratio of 39.76 and a beta of 0.77. The firm’s fifty day moving average price is $126.30 and its two-hundred day moving average price is $131.30. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its quarterly earnings data 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. 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 period in the previous year, the company 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. Equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

About Mid-America Apartment Communities

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MAA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report).

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

Receive News & Ratings for Mid-America Apartment Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-America Apartment Communities and related companies with MarketBeat.com's FREE daily email newsletter.