Massachusetts Financial Services Co. MA Reduces Stock Position in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Massachusetts Financial Services cut its stake in Mid‑America Apartment Communities by 11.3% in Q4, selling 233,695 shares and now owning 1,834,157 shares (~1.57%, ~$254.8M); overall, about 93.6% of MAA is held by hedge funds and institutional investors.
• MAA missed quarterly EPS ($0.48 vs. $2.22 expected) but issued FY2026 guidance of 8.350–8.710 EPS; analysts’ consensus rating is “Hold” with an average target of $149.74.
• The company declared a quarterly dividend of $1.53 (annualized $6.12) for a 4.8% yield161.9%.

Massachusetts Financial Services Co. MA reduced its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 11.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,834,157 shares of the real estate investment trust's stock after selling 233,695 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.57% of Mid-America Apartment Communities worth $254,783,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in MAA. Viking Global Investors LP purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter worth $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Mid-America Apartment Communities by 621.0% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust's stock worth $168,805,000 after buying an additional 1,040,525 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Mid-America Apartment Communities in the 2nd quarter worth $54,314,000. UBS Group AG boosted its stake in shares of Mid-America Apartment Communities by 65.7% during the 3rd quarter. UBS Group AG now owns 712,167 shares of the real estate investment trust's stock worth $99,511,000 after purchasing an additional 282,278 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Mid-America Apartment Communities by 10.0% during the 3rd quarter. Invesco Ltd. now owns 2,019,861 shares of the real estate investment trust's stock worth $282,235,000 after purchasing an additional 184,453 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were 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 in the company, valued at $557,667.83. This trade represents a 13.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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. In the last three months, insiders have sold 1,039 shares of company stock worth $129,594. Company insiders own 1.30% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on MAA shares. Scotiabank dropped their price target on shares of Mid-America Apartment Communities from $140.00 to $138.00 and set a "sector perform" rating for the company in a research note on Monday, March 23rd. Morgan Stanley dropped their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an "overweight" rating for the company in a research note on Monday, March 16th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Royal Bank Of Canada dropped their price target on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a "sector perform" rating for the company in a research note on Friday, February 6th. Finally, Colliers Securities cut shares of Mid-America Apartment Communities from a "moderate buy" rating to a "hold" rating in a research note on Monday, February 9th. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $149.74.

Mid-America Apartment Communities Trading Down 0.0%

Shares of MAA opened at $126.34 on Monday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $169.00. The company has a 50-day moving average of $129.48 and a 200 day moving average of $132.53. The firm has a market capitalization of $14.77 billion, a price-to-earnings ratio of 33.42 and a beta of 0.80. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10.

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 the consensus estimate of $556.80 million. During the same quarter in the previous year, the business earned $2.23 EPS. The company'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, research analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be issued a dividend of $1.53 per share. The ex-dividend date is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.8%. Mid-America Apartment Communities's dividend payout ratio (DPR) is presently 161.90%.

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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