United Capital Financial Advisors LLC Invests $939,000 in Mid-America Apartment Communities, Inc. $MAA

United Capital Financial Advisors LLC acquired a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,759 shares of the real estate investment trust’s stock, valued at approximately $939,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MAA. Elevation Wealth Partners LLC grew its position in shares of Mid-America Apartment Communities by 593.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 172 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Root Financial Partners LLC raised its position in shares of Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 279 shares during the period. Finally, Transamerica Financial Advisors LLC bought a new position in Mid-America Apartment Communities during the 2nd quarter worth approximately $37,000. Institutional investors own 93.60% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on MAA. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a report on Wednesday, July 22nd. Scotiabank cut their target price on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating on the stock in a report on Tuesday, August 4th. Truist Financial lifted their price target on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Cantor Fitzgerald restated a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday. Finally, JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective on the stock. Eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $144.81.

Read Our Latest Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Price Performance

NYSE MAA opened at $129.63 on Monday. The business has a 50 day simple moving average of $134.55 and a 200 day simple moving average of $131.47. 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 debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. The stock has a market cap of $15.04 billion, a price-to-earnings ratio of 37.90 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. The firm 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 revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous 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. Analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

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.

See Also

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Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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