Today’s Ownership Action: American Campus Communities Inc (NYSE:ACC) Sentiment Report

November 30, 2016 - By Darrin Black   ·   0 Comments

Today's Ownership Action: American Campus Communities Inc (NYSE:ACC) Sentiment Report

Sentiment for American Campus Communities Inc (NYSE:ACC)

American Campus Communities Inc (NYSE:ACC) institutional sentiment decreased to 1.1 in 2016 Q2. Its down -0.17, from 1.27 in 2016Q1. The ratio dived, as 147 institutional investors started new and increased stock positions, while 116 reduced and sold stock positions in American Campus Communities Inc. The institutional investors in our partner’s database now have: 133.53 million shares, up from 131.88 million shares in 2016Q1. Also, the number of institutional investors holding American Campus Communities Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 26 Reduced: 90 Increased: 119 New Position: 28.

American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust. The company has a market cap of $6.39 billion. The Company’s divisions include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It has a 58.15 P/E ratio. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties.

About 155,756 shares traded hands. American Campus Communities, Inc. (NYSE:ACC) has risen 4.77% since April 27, 2016 and is uptrending. It has underperformed by 0.46% the S&P500.

Analysts await American Campus Communities, Inc. (NYSE:ACC) to report earnings on February, 27. They expect $0.65 EPS, down 5.80% or $0.04 from last year’s $0.69 per share. ACC’s profit will be $87.28M for 18.30 P/E if the $0.65 EPS becomes a reality. After $0.46 actual EPS reported by American Campus Communities, Inc. for the previous quarter, Wall Street now forecasts 41.30% EPS growth.

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.”

Cornerstone Real Estate Advisers Llc holds 3.51% of its portfolio in American Campus Communities, Inc. for 201,129 shares. Resolution Capital Ltd owns 704,029 shares or 2.45% of their US portfolio. Moreover, Ncm Capital Advisers Inc. has 2.33% invested in the company for 15,368 shares. The Japan-based Shinko Asset Management Co. Ltd. has invested 1.82% in the stock. Land & Buildings Investment Management Llc, a Connecticut-based fund reported 55,200 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 4 insider sales for $877,875 net activity.

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

Ratings analysis reveals 23% of American Campus Communities’s analysts are positive. Out of 13 Wall Street analysts rating American Campus Communities, 3 give it “Buy”, 3 “Sell” rating, while 7 recommend “Hold”. The lowest target is $37 while the high is $54. The stock’s average target of $45.80 is -3.76% below today’s ($47.59) share price. ACC was included in 26 notes of analysts from July 23, 2015. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Hold” rating given on Thursday, July 23 by Canaccord Genuity. JMP Securities initiated it with “Mkt Perform” rating and $41 target price in Tuesday, September 15 report. The rating was upgraded by Canaccord Genuity to “Buy” on Monday, February 8. The firm has “Neutral” rating given on Thursday, February 4 by Citigroup. The firm earned “Equal Weight” rating on Friday, September 23 by CapitalOne. The firm has “Neutral” rating by Goldman Sachs given on Thursday, September 10. The rating was downgraded by Hilliard Lyons on Friday, July 1 to “Underperform”. The company was maintained on Wednesday, February 24 by Canaccord Genuity. Deutsche Bank maintained American Campus Communities, Inc. (NYSE:ACC) rating on Wednesday, August 10. Deutsche Bank has “Hold” rating and $48 price target. Evercore downgraded the shares of ACC in a report on Monday, March 21 to “Hold” rating.

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.

More notable recent American Campus Communities, Inc. (NYSE:ACC) news were published by: Costar.com which released: “American Campus Communities Sells 19-Property Portfolio for $508 Million” on November 16, 2016, also Prnewswire.com with their article: “REIT Stocks Under Scanner — American Campus Communities, Altisource …” published on November 18, 2016, Businesswire.com published: “American Campus Communities and University of California, Berkeley Break …” on November 17, 2016. More interesting news about American Campus Communities, Inc. (NYSE:ACC) were released by: Nasdaq.com and their article: “American Campus Communities Inc (ACC) Ex-Dividend Date Scheduled for November …” published on November 08, 2016 as well as Businesswire.com‘s news article titled: “American Campus Communities, Inc. Reports Second Quarter 2016 Financial Results” with publication date: July 25, 2016.

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By Darrin Black


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