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M&T Bank Corp Has $2.27 Million Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

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Key Points

  • M&T Bank Corp increased its stake in Mid-America Apartment Communities by 554.9% in Q4 to 16,333 shares, valued at approximately $2.27 million.
  • MAA reported a large Q4 earnings miss—EPS of $0.48 versus the $2.22 consensus—but gave FY2026 guidance of 8.35–8.71 EPS, roughly in line with the analyst average of 8.53.
  • The company declared a quarterly dividend of $1.53 (annualized $6.12) implying a 4.7% yield
  • Five stocks we like better than Mid-America Apartment Communities.

M&T Bank Corp increased its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 554.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,333 shares of the real estate investment trust's stock after acquiring an additional 13,839 shares during the quarter. M&T Bank Corp's holdings in Mid-America Apartment Communities were worth $2,269,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Tobam acquired a new position in shares of Mid-America Apartment Communities during the third quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Mid-America Apartment Communities during the third quarter valued at $33,000. Sentry Investment Management LLC acquired a new position in shares of Mid-America Apartment Communities during the third quarter valued at $36,000. United Community Bank lifted its stake in shares of Mid-America Apartment Communities by 1,000.0% during the third quarter. United Community Bank now owns 297 shares of the real estate investment trust's stock valued at $42,000 after acquiring an additional 270 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new position in shares of Mid-America Apartment Communities during the third quarter valued at $46,000. Institutional investors and hedge funds own 93.60% of the company's stock.

Insider Activity

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the sale, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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. Insiders sold 1,039 shares of company stock valued at $129,594 in the last ninety days. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MAA. Colliers Securities lowered Mid-America Apartment Communities from a "moderate buy" rating to a "hold" rating in a research note on Monday, February 9th. Morgan Stanley cut their price target on Mid-America Apartment Communities from $164.00 to $156.00 and set an "overweight" rating on the stock in a research note on Monday, March 16th. KeyCorp cut their price target on Mid-America Apartment Communities from $170.00 to $155.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 11th. BMO Capital Markets raised Mid-America Apartment Communities from a "hold" rating to an "outperform" rating and upped their price target for the company from $150.00 to $158.00 in a research note on Friday, January 9th. Finally, Wells Fargo & Company cut their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an "overweight" rating on the stock in a research note on Thursday, April 23rd. Eight analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $149.16.

Check Out Our Latest Stock Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Trading Up 4.0%

NYSE:MAA opened at $130.36 on Wednesday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $169.00. The business's 50-day moving average price is $127.62 and its two-hundred day moving average price is $131.61. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $15.24 billion, a price-to-earnings ratio of 34.49 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $556.80 million. During the same period in the previous year, the company posted $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, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, April 15th. Mid-America Apartment Communities's dividend payout ratio is 161.90%.

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.

See Also

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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