Strs Ohio Acquires 41,005 Shares of Mid-America Apartment Communities, Inc. $MAA

Key Points

• Strs Ohio boosted its stake in Mid‑America Apartment Communities by 170.3%, purchasing 41,005 shares to own 65,079 shares worth $9.04 million (about 0.06% of the company).
• MAA reported Q1 EPS of $2.13, beating the $0.83 consensus while revenue came in at $553.7M versus $555.8M expected, and set Q2 2026 guidance of 2.000–2.120 EPS and FY2026 guidance of 8.370–8.690 EPS.
• The company pays a quarterly dividend of $1.53 (annualized $6.12) for a 4.7% yield but a high payout ratio of 185.45%; institutional ownership is ~93.6% and analysts' average rating is Hold with a $147.94 target.

Strs Ohio lifted its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 170.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,079 shares of the real estate investment trust's stock after purchasing an additional 41,005 shares during the period. Strs Ohio owned about 0.06% of Mid-America Apartment Communities worth $9,040,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Physician Wealth Advisors Inc. raised its position in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 75 shares during the period. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Mid-America Apartment Communities by 1.8% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust's stock worth $643,000 after purchasing an additional 83 shares during the period. Blue Trust Inc. raised its position in shares of Mid-America Apartment Communities by 9.6% during the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust's stock worth $145,000 after purchasing an additional 91 shares during the period. Values First Advisors Inc. raised its position in shares of Mid-America Apartment Communities by 0.6% during the fourth quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust's stock worth $2,138,000 after purchasing an additional 93 shares during the period. Finally, Profund Advisors LLC raised its position in Mid-America Apartment Communities by 7.1% in the 3rd quarter. Profund Advisors LLC now owns 1,627 shares of the real estate investment trust's stock valued at $227,000 after buying an additional 108 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the sale, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 in the last 90 days. Insiders own 0.60% of the company's stock.

Mid-America Apartment Communities Stock Up 0.4%

Shares of NYSE MAA opened at $129.06 on Tuesday. Mid-America Apartment Communities, Inc. has a 52 week low of $120.30 and a 52 week high of $167.74. The business has a 50-day simple moving average of $127.39 and a two-hundred day simple moving average of $131.54. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market cap of $15.09 billion, a P/E ratio of 39.11 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating the consensus estimate of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analysts' expectations of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company's revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.20 EPS. 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were given a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, April 15th. Mid-America Apartment Communities's dividend payout ratio (DPR) is currently 185.45%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MAA shares. KeyCorp lowered their price target 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. Scotiabank lowered their price target on Mid-America Apartment Communities from $140.00 to $138.00 and set a "sector perform" rating for the company in a research report on Monday, March 23rd. BMO Capital Markets raised Mid-America Apartment Communities from a "hold" rating to an "outperform" rating and increased their price target for the company from $150.00 to $158.00 in a research report on Friday, January 9th. UBS Group upped their price objective on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a "neutral" rating in a research note on Thursday, January 8th. Finally, Barclays reduced their price objective on Mid-America Apartment Communities from $138.00 to $137.00 and set an "equal weight" rating for the company in a research note on Monday, April 27th. Eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $147.94.

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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