Alyeska Investment Group L.P. acquired a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 73,921 shares of the real estate investment trust's stock, valued at approximately $10,271,000. Alyeska Investment Group L.P. owned approximately 0.06% of Mid-America Apartment Communities at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC boosted its stake in shares of Mid-America Apartment Communities by 593.1% during the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust's stock valued at $28,000 after purchasing an additional 172 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the fourth quarter worth approximately $32,000. Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities in the third quarter worth approximately $33,000. Root Financial Partners LLC lifted its holdings in Mid-America Apartment Communities by 3,100.0% during the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust's stock worth $35,000 after buying an additional 279 shares during the period. Finally, Transamerica Financial Advisors LLC purchased a new stake in Mid-America Apartment Communities during the second quarter worth $37,000. 93.60% of the stock is owned by hedge funds and other institutional investors.
Mid-America Apartment Communities Stock Performance
MAA opened at $128.91 on Tuesday. The company has a market cap of $14.96 billion, a P/E ratio of 37.69 and a beta of 0.73. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm's 50-day moving average price is $134.48 and its 200-day moving average price is $131.42. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $146.41.
Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping analysts' consensus estimates of $0.76 by $1.32. The company had revenue of $555.13 million during the quarter, compared to analysts' expectations of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. Mid-America Apartment Communities's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the business 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. As a group, equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on MAA shares. Cantor Fitzgerald reiterated a "neutral" rating on shares of Mid-America Apartment Communities in a report on Thursday. BNP Paribas Exane upgraded Mid-America Apartment Communities from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 11th. Weiss Ratings raised Mid-America Apartment Communities from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, July 20th. Jefferies Financial Group upgraded Mid-America Apartment Communities to a "hold" rating in a research note on Wednesday, July 22nd. Finally, Citigroup reiterated a "market outperform" rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $144.81.
Check Out Our Latest Stock Analysis on MAA
Mid-America Apartment Communities Profile
(
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.
Read More
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:MAA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Mid-America Apartment Communities, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mid-America Apartment Communities wasn't on the list.
While Mid-America Apartment Communities currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.