Today’s Stock Alert: American Campus Communities, Inc. Stock Is Rising Now

Today's Stock Alert: American Campus Communities, Inc. Stock Is Rising Now

The stock of American Campus Communities, Inc. (NYSE:ACC) is a huge mover today! About 345,714 shares traded hands. 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.
The move comes after 9 months positive chart setup for the $6.52B company. It was reported on Nov, 8 by Barchart.com. We have $69.20 PT which if reached, will make NYSE:ACC worth $2.61 billion more.

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. American Campus Communities has been the topic of 26 analyst reports since July 23, 2015 according to StockzIntelligence Inc. On Wednesday, August 10 the stock rating was maintained by Deutsche Bank with “Hold”. The rating was maintained by Citigroup on Wednesday, September 16 with “Neutral”. The rating was maintained by Citigroup with “Neutral” on Thursday, February 4. The rating was upgraded by Canaccord Genuity on Monday, February 8 to “Buy”. Robert W. Baird upgraded American Campus Communities, Inc. (NYSE:ACC) rating on Wednesday, October 28. Robert W. Baird has “Outperform” rating and $45 price target. Deutsche Bank maintained American Campus Communities, Inc. (NYSE:ACC) rating on Wednesday, November 18. Deutsche Bank has “Hold” rating and $42 price target. The firm has “Buy” rating by Argus Research given on Tuesday, March 8. The firm has “Equal Weight” rating given on Friday, September 23 by CapitalOne. The stock of American Campus Communities, Inc. (NYSE:ACC) earned “Hold” rating by Canaccord Genuity on Thursday, July 23. The stock of American Campus Communities, Inc. (NYSE:ACC) earned “Mkt Perform” rating by JMP Securities on Tuesday, September 15.

According to Zacks Investment Research, “American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties.”

Insitutional Activity: The institutional sentiment decreased to 1.27 in 2016 Q2. 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.
Aew Lp has 1.06M shares for 1.13% of their US portfolio. Raymond James And holds 51,391 shares or 0.01% of its portfolio. Mondrian Investment Prtnrs Limited, a United Kingdom-based fund reported 19,919 shares. Tower Rech Capital Ltd Llc (Trc) holds 0% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 14 shares. Moreover, M&T Bancorp has 0.01% invested in American Campus Communities, Inc. (NYSE:ACC) for 38,298 shares. State Of New Jersey Common Pension Fund D has 0.09% invested in the company for 373,001 shares. Moreover, Amica Pension Fund Board Of Trustees has 0.05% invested in American Campus Communities, Inc. (NYSE:ACC) for 7,893 shares. Mizuho Bk Ltd last reported 0% of its portfolio in the stock. Rs Invest Management Com Limited Liability Com reported 124,818 shares or 0.07% of all its holdings. Comm National Bank & Trust last reported 0.01% of its portfolio in the stock. Brown Advisory, a Maryland-based fund reported 14,800 shares. Renaissance Techs Limited Liability holds 563,500 shares or 0.06% of its portfolio. Teachers Insurance & Annuity Association Of America has invested 0.33% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Kbc Grp Nv reported 96,663 shares or 0.07% of all its holdings. Exane Derivatives has 0% invested in the company for 186 shares.

Insider Transactions: Since May 10, 2016, the stock had 0 insider purchases, and 4 selling transactions for $887,461 net activity. Wilhelm James E III sold $59,237 worth of stock or 1,150 shares. LOWENTHAL EDWARD sold $96,420 worth of stock or 2,000 shares. $453,380 worth of American Campus Communities, Inc. (NYSE:ACC) shares were sold by Bayless William C Jr. Beese Jennifer sold $41,473 worth of stock or 856 shares.

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment