Corient Private Wealth LP Acquires New Stake in Mid-America Apartment Communities, Inc. $MAA

Corient Private Wealth LP acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 120,238 shares of the real estate investment trust’s stock, valued at approximately $16,706,000.

A number of other large investors also recently bought and sold shares of MAA. Values First Advisors Inc. lifted its stake in shares of Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after acquiring an additional 82 shares during the period. New Mexico Educational Retirement Board increased its stake in shares of Mid-America Apartment Communities by 1.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after acquiring an additional 100 shares during the period. Larson Financial Group LLC increased its stake in shares of Mid-America Apartment Communities by 1.5% during the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after acquiring an additional 102 shares during the period. World Investment Advisors raised its holdings in Mid-America Apartment Communities by 5.3% during the first quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 110 shares in the last quarter. Finally, Hurley Capital LLC raised its holdings in Mid-America Apartment Communities by 70.4% during 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 in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Analyst Upgrades and Downgrades

MAA has been the topic of a number of analyst reports. Scotiabank lowered their price objective on Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating on the stock in a report on Tuesday, August 4th. Barclays cut their target price on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research note on Monday, August 17th. UBS Group restated a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday. Mizuho upped their price objective on Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $144.81.

Mid-America Apartment Communities Trading Up 0.7%

Shares of MAA opened at $129.63 on Friday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $15.04 billion, a P/E ratio of 37.90 and a beta of 0.73. The firm’s 50-day moving average is $134.55 and its two-hundred day moving average is $131.49.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.15 EPS. 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. On average, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

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.