Daiwa Securities Group Inc. Cuts Position in Mid-America Apartment Communities, Inc. $MAA

Daiwa Securities Group Inc. lessened its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 65.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,583 shares of the real estate investment trust's stock after selling 122,764 shares during the period. Daiwa Securities Group Inc. owned about 0.06% of Mid-America Apartment Communities worth $8,971,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Mid-America Apartment Communities by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust's stock worth $2,149,000 after buying an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Mid-America Apartment Communities by 47.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust's stock worth $137,000 after buying an additional 299 shares in the last quarter. Baird Financial Group Inc. increased its stake 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 buying an additional 437 shares in the last quarter. Walleye Capital LLC purchased a new stake in Mid-America Apartment Communities during the 2nd quarter worth approximately $230,000. Finally, Bank of Nova Scotia increased its stake in Mid-America Apartment Communities by 21.7% during the 2nd 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 in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Trading Up 0.1%

MAA opened at $137.65 on Monday. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $153.93. The stock has a market capitalization of $16.02 billion, a PE ratio of 41.71 and a beta of 0.76. The business's 50 day moving average price is $127.71 and its 200 day moving average price is $131.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million for the quarter, compared to analysts' expectations of $555.75 million. During the same period in the prior year, the firm posted $2.20 earnings per share. The firm's quarterly revenue was up .8% on a year-over-year basis. 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 expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.4%. Mid-America Apartment Communities's dividend payout ratio is currently 185.45%.

Insider Buying and Selling

In other Mid-America Apartment Communities news, Director Tamara D. Fischer acquired 1,100 shares of the firm's stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the acquisition, the director owned 1,100 shares of the company's stock, valued at approximately $141,405. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Amber Fairbanks sold 711 shares of the company's stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the transaction, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 1,039 shares of company stock worth $129,594 over the last quarter. 0.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Barclays boosted their price objective on Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an "equal weight" rating in a research note on Monday, May 11th. Wall Street Zen upgraded Mid-America Apartment Communities from a "strong sell" rating to a "sell" rating in a research note on Sunday, April 12th. UBS Group cut their price objective on 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. KeyCorp cut 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 note on Wednesday, February 11th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Seven investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of "Hold" and a consensus price target of $143.44.

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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