Sumitomo Mitsui Trust Group Inc. Reduces Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Sumitomo Mitsui Trust Group Inc. reduced its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 4.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 347,792 shares of the real estate investment trust’s stock after selling 16,428 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Mid-America Apartment Communities were worth $42,472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after acquiring an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Mid-America Apartment Communities by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after purchasing an additional 299 shares in the last quarter. Baird Financial Group Inc. grew its position in Mid-America Apartment Communities by 7.1% during the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after purchasing an additional 437 shares during the last quarter. Walleye Capital LLC acquired a new position in Mid-America Apartment Communities during the 2nd quarter valued at approximately $230,000. Finally, Bank of Nova Scotia raised its holdings in shares of Mid-America Apartment Communities by 21.7% in the second quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after buying an additional 2,771 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Down 0.1%

NYSE:MAA opened at $135.15 on Monday. The firm has a market capitalization of $15.73 billion, a P/E ratio of 40.96 and a beta of 0.74. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $153.93. The company’s fifty day moving average price is $133.90 and its 200-day moving average price is $132.17. 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:MAA) last issued its earnings results 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. The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the company posted $2.20 earnings per share. 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 research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.5 EPS 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 paid a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Analyst Ratings Changes

Several equities research analysts have recently commented on MAA shares. UBS Group lowered their price objective on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “strong-buy” rating in a research note on Friday, June 26th. Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. Mizuho increased their price objective on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Finally, Wall Street Zen cut Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Mid-America Apartment Communities has a consensus rating of “Hold” and an average target price of $143.87.

Insider Activity

In related news, Director Tamara D. Fischer acquired 1,100 shares of the firm’s stock in a transaction dated 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 directly owned 1,100 shares in the company, valued at $141,405. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.60% of the stock is currently owned by company insiders.

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.