Public Employees Retirement System of Ohio increased its stake in shares of American Campus Communities, Inc. (NYSE:ACC) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 211,380 shares of the real estate investment trust’s stock after buying an additional 3,824 shares during the quarter. Public Employees Retirement System of Ohio owned 0.15% of American Campus Communities worth $9,332,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of ACC. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in American Campus Communities by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,567 shares of the real estate investment trust’s stock valued at $926,000 after purchasing an additional 97 shares during the last quarter. PNC Financial Services Group Inc. raised its position in American Campus Communities by 2.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,090 shares of the real estate investment trust’s stock valued at $430,000 after purchasing an additional 214 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in American Campus Communities by 0.7% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 38,147 shares of the real estate investment trust’s stock valued at $1,804,000 after purchasing an additional 253 shares during the last quarter. Raymond James Trust N.A. raised its position in American Campus Communities by 6.6% in the 2nd quarter. Raymond James Trust N.A. now owns 4,567 shares of the real estate investment trust’s stock valued at $216,000 after purchasing an additional 283 shares during the last quarter. Finally, Veritable L.P. raised its position in American Campus Communities by 2.4% in the 2nd quarter. Veritable L.P. now owns 13,497 shares of the real estate investment trust’s stock valued at $638,000 after purchasing an additional 315 shares during the last quarter.

Several equities analysts have issued reports on the company. KeyCorp reiterated an “overweight” rating and issued a $47.00 price objective (down previously from $56.00) on shares of American Campus Communities in a research report on Wednesday. J P Morgan Chase & Co downgraded American Campus Communities from a “neutral” rating to an “underweight” rating and set a $45.00 price objective for the company. in a research report on Friday, December 15th. B. Riley set a $56.00 price objective on American Campus Communities and gave the company a “buy” rating in a research report on Thursday, December 7th. Robert W. Baird cut their price objective on American Campus Communities from $51.00 to $47.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Finally, Zacks Investment Research downgraded American Campus Communities from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $50.60.

Shares of American Campus Communities, Inc. (ACC) opened at $40.68 on Thursday. The company has a market capitalization of $5,798.13, a price-to-earnings ratio of 19.06, a PEG ratio of 14.06 and a beta of 0.27. American Campus Communities, Inc. has a 52 week low of $40.67 and a 52 week high of $51.70. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.72 and a quick ratio of 0.72.

The company also recently announced a quarterly dividend, which was paid on Monday, November 27th. Stockholders of record on Monday, November 13th were paid a $0.44 dividend. The ex-dividend date of this dividend was Friday, November 10th. This represents a $1.76 annualized dividend and a dividend yield of 4.33%. American Campus Communities’s dividend payout ratio (DPR) is currently 429.28%.

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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.

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

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