Public Employees Retirement System of Ohio Makes New $23.65 Million Investment in Mid-America Apartment Communities, Inc. $MAA

Public Employees Retirement System of Ohio purchased a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 170,230 shares of the real estate investment trust’s stock, valued at approximately $23,652,000. Public Employees Retirement System of Ohio owned about 0.15% of Mid-America Apartment Communities as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Values First Advisors Inc. increased its holdings in shares of Mid-America Apartment Communities by 0.5% during the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after buying an additional 82 shares during the last quarter. New Mexico Educational Retirement Board grew its position in Mid-America Apartment Communities by 1.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after acquiring an additional 100 shares during the period. Larson Financial Group LLC grew its position in Mid-America Apartment Communities by 1.5% during the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after acquiring an additional 102 shares during the period. World Investment Advisors increased its stake in Mid-America Apartment Communities by 5.3% during the first quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock worth $265,000 after acquiring an additional 110 shares during the last quarter. Finally, Hurley Capital LLC increased its stake in Mid-America Apartment Communities by 70.4% during the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 112 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Up 0.7%

Shares of NYSE:MAA opened at $129.63 on Friday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $146.41. The company has a 50 day moving average of $134.55 and a two-hundred day moving average of $131.49. The company has a market capitalization of $15.04 billion, a price-to-earnings ratio of 37.90 and a beta of 0.73.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on MAA. Wells Fargo & Company lifted their price objective on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Piper Sandler cut their price target on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price target on the stock. UBS Group reissued a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday. Finally, Cantor Fitzgerald reissued a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Mid-America Apartment Communities currently has an average rating of “Hold” and an average target price of $144.81.

Mid-America Apartment Communities Company Profile

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.