Mid-America Apartment Communities, Inc. $MAA Shares Purchased by Vert Asset Management LLC

by · The Cerbat Gem

Vert Asset Management LLC increased its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) by 7.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,222 shares of the real estate investment trust’s stock after acquiring an additional 4,159 shares during the quarter. Mid-America Apartment Communities comprises 2.6% of Vert Asset Management LLC’s investment portfolio, making the stock its 13th biggest position. Vert Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $7,949,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Appleton Partners Inc. MA acquired a new position in Mid-America Apartment Communities during the third quarter worth about $915,000. Algebris UK Ltd. acquired a new position in Mid-America Apartment Communities in the 3rd quarter valued at about $14,461,000. Exchange Traded Concepts LLC boosted its holdings in Mid-America Apartment Communities by 85.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust’s stock valued at $4,002,000 after purchasing an additional 13,198 shares during the last quarter. Illinois Municipal Retirement Fund boosted its holdings in Mid-America Apartment Communities by 71.8% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 85,518 shares of the real estate investment trust’s stock valued at $11,949,000 after purchasing an additional 35,740 shares during the last quarter. Finally, Centersquare Investment Management LLC boosted its holdings in Mid-America Apartment Communities by 43.4% in the 3rd quarter. Centersquare Investment Management LLC now owns 178,050 shares of the real estate investment trust’s stock valued at $24,879,000 after purchasing an additional 53,900 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 sale, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. This trade represents a 13.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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. Over the last quarter, insiders have sold 1,039 shares of company stock worth $129,594. 1.20% of the stock is owned by corporate insiders.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $127.96 on Monday. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $169.00. The firm’s 50 day moving average price is $128.77 and its 200 day moving average price is $132.05. The company has a market cap of $14.96 billion, a P/E ratio of 33.85 and a beta of 0.80. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last announced 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 return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. During the same period in the previous year, the company earned $2.23 earnings per share. Mid-America Apartment Communities’s quarterly revenue was up 1.0% on a year-over-year basis. 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 forecast that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio is presently 161.90%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Truist Financial reduced their price target on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. UBS Group boosted their price target on shares of 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. KeyCorp reduced their price target on shares of 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. Finally, BTIG Research reduced their price target on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $149.74.

View Our Latest Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Company 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.

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