Mid-America Apartment Communities, Inc. $MAA Stock Holdings Increased by Squarepoint Ops LLC

Key Points

• Squarepoint Ops LLC increased its MAA stake by 73.2% in the second quarter, owning 84,017 shares valued at approximately $11.7 million. Institutional investors collectively hold 93.6% of the REIT’s stock.
• Analysts have trimmed several price targets, with the consensus rating at “Hold” and an average target of $143.94. Ratings include eight Buys, eleven Holds, and one Sell.
• MAA shares opened at $127.55, while the company reported quarterly EPS of $2.08, beating estimates of $0.76; revenue was $555.1 million, roughly flat with expectations and up 1% year over year.

Squarepoint Ops LLC boosted its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 73.2% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 84,017 shares of the real estate investment trust's stock after buying an additional 35,522 shares during the quarter. Squarepoint Ops LLC owned 0.07% of Mid-America Apartment Communities worth $11,673,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Elevation Wealth Partners LLC boosted its holdings in shares of Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust's stock worth $28,000 after buying an additional 172 shares during the period. Raiffeisen Bank International AG lifted its position in shares of Mid-America Apartment Communities by 116.7% in the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 119 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities in the 4th quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities in the 3rd quarter worth approximately $33,000. Finally, Transamerica Financial Advisors LLC acquired a new position in Mid-America Apartment Communities in the 2nd quarter worth approximately $37,000. Institutional investors own 93.60% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Mizuho reduced their target price on Mid-America Apartment Communities from $152.00 to $140.00 and set an "outperform" rating for the company in a report on Tuesday. Piper Sandler decreased their price objective on Mid-America Apartment Communities from $143.00 to $140.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Wells Fargo & Company lowered their target price on Mid-America Apartment Communities from $148.00 to $146.00 and set an "overweight" rating on the stock in a research note on Tuesday, September 1st. Citigroup reiterated a "market outperform" rating on shares of Mid-America Apartment Communities in a report on Wednesday, September 2nd. Finally, Morgan Stanley reduced their price target on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an "overweight" rating for the company in a research report on Wednesday, August 12th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $143.94.

Mid-America Apartment Communities Price Performance

MAA opened at $127.55 on Thursday. The stock has a market cap of $14.80 billion, a price-to-earnings ratio of 37.30 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $145.80. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The stock has a fifty day moving average price of $133.11 and a 200 day moving average price of $131.09.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same quarter in the previous year, the company posted $2.15 earnings per share. The business's quarterly revenue was up 1.0% compared to the same quarter last year. 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. Analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

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.

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