Havemeyer Place LP Invests $587,000 in Mid-America Apartment Communities, Inc. $MAA

Havemeyer Place LP bought a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,228 shares of the real estate investment trust’s stock, valued at approximately $587,000.

Other large investors also recently bought and sold shares of the company. Tobam purchased a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $26,000. Physician Wealth Advisors Inc. grew its position in Mid-America Apartment Communities by 65.2% during the 4th 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 last quarter. Measured Wealth Private Client Group LLC purchased a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $33,000. Sentry Investment Management LLC purchased a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $36,000. Finally, Fulcrum Asset Management LLP purchased a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of NYSE MAA opened at $137.09 on Tuesday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $153.93. The company has a 50 day simple moving average of $128.01 and a two-hundred day simple moving average of $131.50. The stock has a market cap of $15.96 billion, a price-to-earnings ratio of 41.54 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same period in the previous year, the business posted $2.20 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. 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. As a group, analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.5%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 185.45%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $557,667.83. This represents a 13.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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. Also, Director Tamara D. Fischer acquired 1,100 shares of the stock in a transaction on Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the transaction, the director owned 1,100 shares in the company, valued at approximately $141,405. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders sold 1,039 shares of company stock worth $129,594. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on MAA shares. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Citigroup dropped their target price on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. UBS Group dropped their target price on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, Cantor Fitzgerald dropped their target price on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus price target of $143.44.

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.