Benjamin Edwards Inc. Trims Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Benjamin Edwards Inc. cut its MAA position by 97.8% in the second quarter, selling 70,715 shares and retaining 1,581 shares worth approximately $220,000. Institutional investors overall own 93.6% of the REIT.
• MAA reported quarterly EPS of $2.08, exceeding analyst expectations of $0.76, while revenue reached $555.13 million, up 1% year over year. Management issued full-year 2026 EPS guidance of $8.41–$8.65.
• Shares opened at $128.35, below the analyst consensus price target of $144.69. Wall Street’s overall rating is “Hold,” with eight Buy, eleven Hold, and one Sell rating.

Benjamin Edwards Inc. trimmed its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 97.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,581 shares of the real estate investment trust's stock after selling 70,715 shares during the quarter. Benjamin Edwards Inc.'s holdings in Mid-America Apartment Communities were worth $220,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Values First Advisors Inc. lifted its stake in shares of Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust's stock valued at $1,889,000 after acquiring an additional 82 shares during the last quarter. New Mexico Educational Retirement Board increased its stake in shares of Mid-America Apartment Communities by 1.9% in the fourth 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 during the period. Larson Financial Group LLC raised its holdings in Mid-America Apartment Communities by 1.5% during the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust's stock valued at $974,000 after buying an additional 102 shares during the last quarter. World Investment Advisors grew its stake in shares of Mid-America Apartment Communities by 5.3% in the first 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 last quarter. Finally, Hurley Capital LLC raised its position in Mid-America Apartment Communities by 70.4% during the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust's stock valued at $38,000 after purchasing an additional 112 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Stock Down 0.2%

Shares of Mid-America Apartment Communities stock opened at $128.35 on Friday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41. The company has a market cap of $14.89 billion, a price-to-earnings ratio of 37.53 and a beta of 0.73. The company's 50 day moving average is $133.83 and its 200 day moving average is $131.27.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $1.32. The company had revenue of $555.13 million for 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 firm's revenue was up 1.0% compared to the same quarter last year. During the same quarter last 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. Research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Scotiabank reduced their target price on Mid-America Apartment Communities from $137.00 to $134.00 and set a "sector underperform" rating on the stock in a research note on Tuesday, August 4th. BNP Paribas Exane raised Mid-America Apartment Communities from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 11th. Barclays reduced their price objective on shares of Mid-America Apartment Communities from $147.00 to $146.00 and set an "equal weight" rating on the stock in a research report on Monday, August 17th. Truist Financial upped 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 report on Wednesday, June 10th. Finally, Wall Street Zen raised shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. 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's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $144.69.

Mid-America Apartment Communities 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.

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