Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here is What Hedge Funds Think About Mid America Apartment Communities Inc (MAA)

Page 1 of 2

Is Mid America Apartment Communities Inc (NYSE:MAA) a good investment?

In the financial world, there are dozens of methods market participants can use to monitor the equity markets. A duo of the most innovative are hedge fund and insider trading interest. At Insider Monkey, our research analyses have shown that, historically, those who follow the best picks of the top money managers can outpace the S&P 500 by a significant amount (see just how much).

Mid America Apartment Communities Inc (NYSE:MAA)

Equally as necessary, positive insider trading activity is a second way to look at the marketplace. Just as you’d expect, there are lots of incentives for a corporate insider to get rid of shares of his or her company, but only one, very clear reason why they would buy. Several academic studies have demonstrated the impressive potential of this method if “monkeys” understand what to do (learn more here).

Thus, it’s important to analyze the newest info about Mid America Apartment Communities Inc (NYSE:MAA).

How are hedge funds trading Mid America Apartment Communities Inc (NYSE:MAA)?

At Q2’s end, a total of 11 of the hedge funds we track were bullish in this stock, a change of 57% from the first quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of noteworthy hedge fund managers who were increasing their stakes considerably.

When using filings from the hedgies we track, Ken Fisher’s Fisher Asset Management had the most valuable position in Mid America Apartment Communities Inc (NYSE:MAA), worth close to $45.8 million, accounting for 0.1% of its total 13F portfolio. On Fisher Asset Management’s heels is Citadel Investment Group, managed by Ken Griffin, which held a $41.1 million position; 0.1% of its 13F portfolio is allocated to the stock. Remaining hedgies that are bullish include John Overdeck and David Siegel’s Two Sigma Advisors, Greg Poole’s Echo Street Capital Management and Ric Dillon’s Diamond Hill Capital.

Now, specific money managers were breaking ground themselves. Fisher Asset Management, managed by Ken Fisher, established the biggest position in Mid America Apartment Communities Inc (NYSE:MAA). Fisher Asset Management had 45.8 million invested in the company at the end of the quarter. Ken Griffin’s Citadel Investment Group also initiated a $41.1 million position during the quarter. The other funds with brand new MAA positions are John Overdeck and David Siegel’s Two Sigma Advisors, Greg Poole’s Echo Street Capital Management, and Ric Dillon’s Diamond Hill Capital.

How are insiders trading Mid America Apartment Communities Inc (NYSE:MAA)?

Insider buying made by high-level executives is most useful when the company we’re looking at has experienced transactions within the past six months. Over the last half-year time frame, Mid America Apartment Communities Inc (NYSE:MAA) has experienced zero unique insiders buying, and zero insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to Mid America Apartment Communities Inc (NYSE:MAA). These stocks are ARMOUR Residential REIT, Inc. (NYSE:ARR), Post Properties Inc (NYSE:PPS), Home Properties, Inc. (NYSE:HME), Equity Lifestyle Properties, Inc. (NYSE:ELS), and Hatteras Financial Corp. (NYSE:HTS). This group of stocks are the members of the reit – residential industry and their market caps are closest to MAA’s market cap.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!