OneDigital Investment Advisors LLC Purchases New Shares in Mid-America Apartment Communities, Inc. $MAA

OneDigital Investment Advisors LLC purchased a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 5,219 shares of the real estate investment trust’s stock, valued at approximately $725,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Algebris UK Ltd. lifted its stake in shares of Mid-America Apartment Communities by 27.5% in the fourth quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust’s stock worth $18,358,000 after acquiring an additional 28,528 shares in the last quarter. Norges Bank acquired a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at approximately $750,603,000. Swiss Life Asset Management Ltd boosted its stake in shares of Mid-America Apartment Communities by 466.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock valued at $6,310,000 after buying an additional 37,405 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in shares of Mid-America Apartment Communities by 4.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock valued at $30,083,000 after buying an additional 8,724 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its position in shares of Mid-America Apartment Communities by 29.5% during the fourth quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust’s stock worth $34,281,000 after buying an additional 56,224 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on MAA shares. Wells Fargo & Company lifted their price target on shares of Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective for the company. Piper Sandler dropped their target price on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a research note on Wednesday, July 22nd. Finally, Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $144.81.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased 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 directly owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Stock Down 0.5%

MAA stock opened at $130.41 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $146.41. The firm has a fifty day moving average price of $135.31 and a two-hundred day moving average price of $131.57. The firm has a market cap of $15.13 billion, a price-to-earnings ratio of 38.13 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. During the same period in the prior year, the company earned $2.15 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Research analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current year.

Mid-America Apartment Communities Company 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.