Rakuten Investment Management Inc. Buys New Holdings in Mid-America Apartment Communities, Inc. $MAA

Rakuten Investment Management Inc. bought 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 Securities & Exchange Commission. The institutional investor bought 19,033 shares of the real estate investment trust’s stock, valued at approximately $2,677,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of MAA. Values First Advisors Inc. lifted its stake in 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 valued at $1,889,000 after acquiring an additional 82 shares during the period. New Mexico Educational Retirement Board boosted its holdings in shares of Mid-America Apartment Communities by 1.9% in the 4th 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 last quarter. Larson Financial Group LLC increased its stake in shares of Mid-America Apartment Communities by 1.5% in the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after acquiring an additional 102 shares during the period. World Investment Advisors increased its stake in shares of Mid-America Apartment Communities by 5.3% in 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 period. Finally, Hurley Capital LLC increased its stake in shares of Mid-America Apartment Communities by 70.4% in 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 period. Institutional investors and hedge funds own 93.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MAA shares. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a research report on Wednesday, July 22nd. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. UBS Group reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday. JPMorgan Chase & Co. assumed coverage on Mid-America Apartment Communities in a report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price objective for the company. Finally, Cantor Fitzgerald restated 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. Based on data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and a consensus target price of $144.81.

Mid-America Apartment Communities Price Performance

Shares of Mid-America Apartment Communities stock opened at $129.63 on Monday. The firm has a market cap of $15.04 billion, a PE ratio of 37.90 and a beta of 0.73. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average price of $134.55 and a 200 day moving average price of $131.47.

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

Mid-America Apartment Communities 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.