Jefferies Financial Group Inc. Takes $983,000 Position in Mid-America Apartment Communities, Inc. $MAA

Jefferies Financial Group Inc. purchased a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 7,078 shares of the real estate investment trust’s stock, valued at approximately $983,000.

Other large investors also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC raised its holdings in shares of Mid-America Apartment Communities by 593.1% in the second 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 purchased a new stake in Mid-America Apartment Communities during the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Mid-America Apartment Communities during the 3rd quarter valued at about $33,000. Root Financial Partners LLC raised its position in shares of Mid-America Apartment Communities by 3,100.0% in the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 279 shares during the period. Finally, Transamerica Financial Advisors LLC purchased a new position in Mid-America Apartment Communities during the second quarter valued at $37,000. 93.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. BNP Paribas Exane upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a report on Thursday. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target on the stock. Truist Financial raised their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Piper Sandler lowered their target price on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Eight equities 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 data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and an average price target of $144.81.

Mid-America Apartment Communities Stock Up 0.0%

Shares of Mid-America Apartment Communities stock opened at $129.63 on Monday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41. The stock has a market cap of $15.04 billion, a price-to-earnings ratio of 37.90 and a beta of 0.73. 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 has a fifty day moving average price of $134.55 and a 200 day moving average price of $131.47.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.

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.