Centiva Capital LP Decreases Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Centiva Capital LP trimmed its stake in Mid‑America Apartment Communities by 36.6% in Q3, selling 12,149 shares and leaving 21,022 shares valued at about $2.94 million.
• MAA missed quarterly expectations, reporting $0.48 EPS versus $2.22 consensus and $555.6M revenue (vs. $556.8M), while guiding Q1 2026 EPS to 2.050–2.170 and FY2026 EPS to 8.350–8.710.
• The company raised its quarterly dividend to $1.53 ($6.12 annualized, ~4.8% yield), though the payout ratio is elevated at 161.9%, which may raise sustainability concerns.

Centiva Capital LP lowered its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 36.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,022 shares of the real estate investment trust's stock after selling 12,149 shares during the quarter. Centiva Capital LP's holdings in Mid-America Apartment Communities were worth $2,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Appleton Partners Inc. MA purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter worth approximately $915,000. Norges Bank purchased a new stake in Mid-America Apartment Communities during the second quarter valued at approximately $795,893,000. Algebris UK Ltd. purchased a new stake in Mid-America Apartment Communities during the third quarter valued at approximately $14,461,000. Exchange Traded Concepts LLC boosted its stake in Mid-America Apartment Communities by 85.5% in the third quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust's stock valued at $4,002,000 after acquiring an additional 13,198 shares in the last quarter. Finally, Barings LLC acquired a new stake in Mid-America Apartment Communities in the second quarter valued at approximately $2,268,000. Hedge funds and other institutional investors own 93.60% of the company's stock.

Insider Activity

In other news, EVP Amber Fairbanks sold 233 shares of the firm's stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the transaction, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president directly owned 49,745 shares of the company's stock, valued at $6,876,251.35. This trade represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 6,079 shares of company stock worth $838,698. Company insiders own 1.20% of the company's stock.

Mid-America Apartment Communities Trading Down 1.1%

NYSE MAA opened at $126.36 on Friday. The company has a fifty day simple moving average of $134.10 and a two-hundred day simple moving average of $135.22. The stock has a market cap of $14.77 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.10 and a beta of 0.79. Mid-America Apartment Communities, Inc. has a 12-month low of $125.75 and a 12-month high of $169.42. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company had revenue of $555.56 million for the quarter, compared to analysts' expectations of $556.80 million. During the same period last year, the firm earned $2.23 earnings per share. Mid-America Apartment Communities's quarterly revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. On average, analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 4.8%. The ex-dividend date was Thursday, January 15th. This is a boost from Mid-America Apartment Communities's previous quarterly dividend of $1.52. Mid-America Apartment Communities's dividend payout ratio (DPR) is presently 161.90%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Scotiabank reduced their price target on Mid-America Apartment Communities from $142.00 to $140.00 and set a "sector perform" rating on the stock in a research report on Wednesday, March 4th. KeyCorp lowered their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Truist Financial dropped their target price on Mid-America Apartment Communities from $146.00 to $142.00 and set a "buy" rating on the stock in a research note on Tuesday, March 10th. Citigroup reduced their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a "neutral" rating on the stock in a research report on Friday, February 13th. Finally, Barclays decreased their price target on Mid-America Apartment Communities from $144.00 to $138.00 and set an "equal weight" rating for the company in a research note on Friday, March 6th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of "Hold" and a consensus price target of $150.58.

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.

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