Nykredit A S Buys New Shares in Mid-America Apartment Communities, Inc. $MAA

Nykredit A S acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,873 shares of the real estate investment trust’s stock, valued at approximately $5,679,000.

Other institutional investors also recently modified their holdings of the company. Values First Advisors Inc. raised its holdings in Mid-America Apartment Communities by 0.5% during the first 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 lifted its position in shares of Mid-America Apartment Communities by 1.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 100 shares in the last quarter. Larson Financial Group LLC lifted its holdings 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 worth $974,000 after acquiring an additional 102 shares during the period. World Investment Advisors raised its stake in shares of Mid-America Apartment Communities by 5.3% during the 1st quarter. World Investment Advisors now owns 2,174 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 110 shares during the period. Finally, Hurley Capital LLC boosted its stake in 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 valued at $38,000 after acquiring an additional 112 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MAA. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a research report on Thursday, August 27th. Wells Fargo & Company cut their price target on shares of Mid-America Apartment Communities from $148.00 to $146.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Mizuho lifted their price objective on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Finally, JPMorgan Chase & Co. initiated coverage on Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 target price for the company. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $144.69.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $128.35 on Monday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. The company’s fifty day moving average price is $133.83 and its 200-day moving average price is $131.24. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $146.41. The stock has a market cap of $14.89 billion, a PE ratio of 37.53 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million during the quarter, compared to analysts’ expectations 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 for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $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. On average, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

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.