Mid-America Apartment Communities, Inc. $MAA Shares Sold by Aew Capital Management L P

Aew Capital Management L P lessened its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 21.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 484,092 shares of the real estate investment trust’s stock after selling 133,382 shares during the quarter. Mid-America Apartment Communities makes up approximately 4.9% of Aew Capital Management L P’s investment portfolio, making the stock its 9th largest position. Aew Capital Management L P’s holdings in Mid-America Apartment Communities were worth $67,245,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tobam acquired a new stake in Mid-America Apartment Communities in the 3rd quarter valued at about $26,000. Physician Wealth Advisors Inc. lifted its stake in Mid-America Apartment Communities by 65.2% in the 4th 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 acquired a new stake in Mid-America Apartment Communities in the 3rd quarter valued at about $33,000. Sentry Investment Management LLC acquired a new stake in Mid-America Apartment Communities in the 3rd quarter valued at about $36,000. Finally, United Community Bank lifted its stake in Mid-America Apartment Communities by 1,000.0% in the 3rd quarter. United Community Bank now owns 297 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 270 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Up 1.3%

Shares of MAA stock opened at $130.12 on Thursday. The firm has a 50 day moving average price of $126.24 and a two-hundred day moving average price of $131.29. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.14 billion, a PE ratio of 39.43 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $159.37.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $555.75 million. During the same period last year, the business posted $2.20 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. 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, analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 185.45%.

Insider Buying and Selling at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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. Insiders sold a total of 1,039 shares of company stock worth $129,594 over the last three months. 0.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Barclays raised their target price on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. UBS Group cut their price target on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Citigroup cut their price target on Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Scotiabank reaffirmed a “sector underperform” rating and set a $120.00 price target (down from $138.00) on shares of Mid-America Apartment Communities in a report on Thursday, May 14th. Finally, Wells Fargo & Company cut their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Thursday, April 23rd. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and a consensus target price of $145.00.

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.