Dividend Watching: American Campus Communities Inc (NYSE:ACC) dividends will reach $0.42 on Nov 28, 2016, and this is why.

Dividend Watching: American Campus Communities Inc (NYSE:ACC) dividends will reach $0.42 on Nov 28, 2016, and this is why.

American Campus Communities Inc (NYSE:ACC) is expected to pay $0.42 on Nov 28, 2016. The indicated annual dividend is $1.68. Shareholders owning the stock before Nov 9, 2016 will be eligible to receive the payout. Based on American Campus Communities Inc’s current price of $48.90, the dividend is 0.86%. This dividend’s record date is Nov 14, 2016 and the announcement date is Nov 3, 2016. The stock decreased 0.14% or $0.07 during the last trading session, hitting $48.9. American Campus Communities, Inc. (NYSE:ACC) has risen 6.73% since April 5, 2016 and is uptrending. It has outperformed by 4.78% the S&P500.

American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust. The company has a market cap of $6.21 billion. The Company’s divisions include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It has a 59.63 P/E ratio. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties.

Insitutional Activity: The institutional sentiment decreased to 1.27 in Q2 2016. Its down 0.57, from 1.84 in 2016Q1. The ratio dived, as 26 funds sold all American Campus Communities, Inc. shares owned while 90 reduced positions. 28 funds bought stakes while 119 increased positions. They now own 133.53 million shares or 1.25% more from 131.88 million shares in 2016Q1.
Moreover, Kempen Nv has 0.23% invested in American Campus Communities, Inc. (NYSE:ACC) for 37,628 shares. Capstone Asset Mgmt owns 11,762 shares or 0.02% of their US portfolio. Macquarie Grp holds 0.04% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 385,929 shares. Cipher Capital Lp accumulated 44,149 shares or 0.16% of the stock. Envestnet Asset Mngmt Inc last reported 69,053 shares in the company. California Public Employees Retirement System has 318,918 shares for 0.03% of their US portfolio. The Georgia-based Synovus Fincl has invested 0.04% in American Campus Communities, Inc. (NYSE:ACC). Millennium Limited accumulated 627,264 shares or 0.08% of the stock. Jpmorgan Chase Communications, a New York-based fund reported 6.45M shares. New York Life Trust owns 127 shares or 0.03% of their US portfolio. Moreover, Northstar Grp has 0.17% invested in American Campus Communities, Inc. (NYSE:ACC) for 4,350 shares. Moreover, Federated Pa has 0.02% invested in American Campus Communities, Inc. (NYSE:ACC) for 139,383 shares. Moreover, Westpac Bk has 0% invested in American Campus Communities, Inc. (NYSE:ACC) for 184,692 shares. Ls Inv Llc last reported 0.03% of its portfolio in the stock. Canada Pension Plan Investment Board holds 0% or 4,100 shares in its portfolio.

Insider Transactions: Since May 10, 2016, the stock had 0 insider purchases, and 4 insider sales for $887,461 net activity. $333,371 worth of American Campus Communities, Inc. (NYSE:ACC) was sold by Wilhelm James E III. LOWENTHAL EDWARD had sold 2,000 shares worth $96,420 on Tuesday, May 10. Bayless William C Jr also sold $453,380 worth of American Campus Communities, Inc. (NYSE:ACC) shares. $41,473 worth of shares were sold by Beese Jennifer on Friday, November 4.

American Campus Communities, Inc. (NYSE:ACC) Ratings Coverage

Out of 13 analysts covering American Campus Communities (NYSE:ACC), 3 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 23% are positive. $54 is the highest target while $37 is the lowest. The $45.80 average target is -6.34% below today’s ($48.9) stock price. American Campus Communities has been the topic of 26 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, July 18 by Deutsche Bank. The firm has “Equal-Weight” rating by Capital One given on Friday, September 23. On Thursday, September 10 the stock rating was upgraded by Goldman Sachs to “Neutral”. Canaccord Genuity upgraded the stock to “Buy” rating in Monday, February 8 report. The firm has “Neutral” rating given on Thursday, February 4 by Citigroup. The stock of American Campus Communities, Inc. (NYSE:ACC) earned “Hold” rating by Deutsche Bank on Wednesday, August 10. The firm has “Buy” rating given on Tuesday, March 8 by Argus Research. On Friday, July 1 the stock rating was downgraded by Hilliard Lyons to “Underperform”. The firm has “Hold” rating given on Wednesday, May 4 by Argus Research. The firm earned “Outperform” rating on Thursday, June 23 by FBR Capital.

More news for American Campus Communities, Inc. (NYSE:ACC) were recently published by: Nasdaq.com, which released: “Ex-Dividend Reminder: FirstCash, BOK Financial and American Campus Communities” on November 07, 2016. Businesswire.com‘s article titled: “American Campus Communities, Inc. Reports Third Quarter 2016 Financial Results” and published on October 24, 2016 is yet another important article.

ACC Company Profile

American Campus Communities, Inc., incorporated on March 9, 2004, is a self-managed and self-administered equity real estate investment trust (REIT). The Firm holds an approximately 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company’s divisions include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. The Firm is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Company’s total owned and third-party managed portfolio comprises over 200 properties with approximately 128,900 beds in approximately 43,400 units. The Company’s portfolio contains over 160 properties with approximately 99,400 beds in approximately 32,500 apartment units. The Company’s property portfolio also includes over 130 owned off-campus student housing properties; over 20 American Campus Equity (ACE) properties, which are operated under ground/facility leases with approximately 10 university systems, and over five on-campus participating properties operated under ground/facility leases with the related university systems.

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