Bienville Capital Management LLC boosted its holdings in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 25.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,403 shares of the real estate investment trust’s stock after purchasing an additional 4,680 shares during the quarter. Mid-America Apartment Communities comprises approximately 0.7% of Bienville Capital Management LLC’s portfolio, making the stock its 23rd biggest position. Bienville Capital Management LLC’s holdings in Mid-America Apartment Communities were worth $2,466,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Mid-America Apartment Communities by 2.0% in the first quarter. Vanguard Group Inc. now owns 19,723,897 shares of the real estate investment trust’s stock valued at $2,006,709,000 after purchasing an additional 391,852 shares in the last quarter. BlackRock Inc. boosted its holdings in Mid-America Apartment Communities by 2,003.1% in the first quarter. BlackRock Inc. now owns 10,265,099 shares of the real estate investment trust’s stock valued at $1,044,371,000 after purchasing an additional 9,777,008 shares in the last quarter. State Street Corp boosted its holdings in Mid-America Apartment Communities by 2.0% in the first quarter. State Street Corp now owns 6,727,050 shares of the real estate investment trust’s stock valued at $684,403,000 after purchasing an additional 134,757 shares in the last quarter. APG Asset Management US Inc. boosted its holdings in Mid-America Apartment Communities by 7.7% in the second quarter. APG Asset Management US Inc. now owns 3,639,414 shares of the real estate investment trust’s stock valued at $383,521,000 after purchasing an additional 260,897 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Mid-America Apartment Communities by 6.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 1,656,631 shares of the real estate investment trust’s stock valued at $168,545,000 after purchasing an additional 104,406 shares in the last quarter. 91.83% of the stock is owned by hedge funds and other institutional investors.

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Mid-America Apartment Communities, Inc. (MAA) traded down 0.16% during midday trading on Wednesday, hitting $106.32. The stock had a trading volume of 54,822 shares. The company has a market cap of $12.08 billion, a price-to-earnings ratio of 49.15 and a beta of 0.35. The company has a 50-day moving average price of $104.70 and a 200-day moving average price of $102.89. Mid-America Apartment Communities, Inc. has a 12-month low of $85.04 and a 12-month high of $110.95.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $1.48 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The company had revenue of $382.80 million during the quarter, compared to analyst estimates of $382.17 million. Mid-America Apartment Communities had a return on equity of 4.31% and a net margin of 15.80%. The business’s revenue was up 40.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.54 EPS. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post $1.69 EPS for the current year.

A number of equities analysts recently issued reports on MAA shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $115.00 price target on shares of Mid-America Apartment Communities in a report on Monday, July 10th. BidaskClub raised Mid-America Apartment Communities from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 20th. Zacks Investment Research downgraded Mid-America Apartment Communities from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Barclays PLC lowered their price target on Mid-America Apartment Communities from $117.00 to $116.00 and set an “overweight” rating for the company in a report on Tuesday, July 18th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price target on shares of Mid-America Apartment Communities in a report on Thursday, July 27th. Three research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. Mid-America Apartment Communities presently has a consensus rating of “Buy” and a consensus price target of $108.73.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. It operates through three segments: Large market same store, Secondary market same store and Non-Same Store and Other.

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

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