Oregon Public Employees Retirement Fund lifted its position in American Campus Communities Inc (NYSE:ACC) by 5.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,727 shares of the real estate investment trust’s stock after acquiring an additional 2,471 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in American Campus Communities were worth $2,240,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Pettee Investors Inc. bought a new stake in shares of American Campus Communities in the 3rd quarter worth about $593,000. Mondrian Investment Partners LTD lifted its holdings in shares of American Campus Communities by 71.8% in the 3rd quarter. Mondrian Investment Partners LTD now owns 51,065 shares of the real estate investment trust’s stock worth $2,255,000 after acquiring an additional 21,348 shares during the last quarter. Stevens Capital Management LP bought a new stake in shares of American Campus Communities in the 3rd quarter worth about $1,799,000. BT Investment Management Ltd lifted its holdings in shares of American Campus Communities by 15.3% in the 3rd quarter. BT Investment Management Ltd now owns 37,700 shares of the real estate investment trust’s stock worth $1,664,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Forsta AP Fonden lifted its holdings in shares of American Campus Communities by 66.7% in the 3rd quarter. Forsta AP Fonden now owns 59,500 shares of the real estate investment trust’s stock worth $2,627,000 after acquiring an additional 23,800 shares during the last quarter.

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ACC has been the subject of several analyst reports. FBR & Co restated a “buy” rating and issued a $56.00 target price on shares of American Campus Communities in a report on Tuesday, October 24th. KeyCorp restated a “buy” rating and issued a $56.00 target price on shares of American Campus Communities in a report on Friday, August 25th. BidaskClub upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. Canaccord Genuity restated a “buy” rating and issued a $56.00 target price on shares of American Campus Communities in a report on Monday, July 24th. Finally, Argus upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $51.75.

American Campus Communities Inc (ACC) opened at $41.80 on Monday. The company has a market cap of $5,702.63, a PE ratio of 18.74, a P/E/G ratio of 13.84 and a beta of 0.27. American Campus Communities Inc has a 12 month low of $41.06 and a 12 month high of $51.70. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.79.

The business also recently declared a quarterly dividend, which will be paid on Monday, November 27th. Investors of record on Monday, November 13th will be paid a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.21%. The ex-dividend date is Friday, November 10th. American Campus Communities’s dividend payout ratio is presently 429.28%.

American Campus Communities Profile

American Campus Communities, Inc is a self-managed and self-administered equity real estate investment trust (REIT). The Company’s segments include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties.

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Institutional Ownership by Quarter for American Campus Communities (NYSE:ACC)

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