Stephens Inc. AR boosted its position in American Campus Communities Inc (NYSE:ACC) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,621 shares of the real estate investment trust’s stock after purchasing an additional 2,293 shares during the period. Stephens Inc. AR’s holdings in American Campus Communities were worth $2,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACC. Raymond James Trust N.A. increased its stake in shares of American Campus Communities by 6.6% in the second quarter. Raymond James Trust N.A. now owns 4,567 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 283 shares during the period. CIBC Asset Management Inc acquired a new stake in shares of American Campus Communities in the third quarter valued at about $202,000. Garner Asset Management Corp acquired a new stake in shares of American Campus Communities in the second quarter valued at about $247,000. Cipher Capital LP acquired a new stake in shares of American Campus Communities in the third quarter valued at about $244,000. Finally, Bridgewater Wealth & Financial Management LLC increased its stake in shares of American Campus Communities by 1.3% in the second quarter. Bridgewater Wealth & Financial Management LLC now owns 5,813 shares of the real estate investment trust’s stock valued at $275,000 after buying an additional 75 shares during the period.

Several brokerages have recently weighed in on ACC. B. Riley set a $56.00 price target on American Campus Communities and gave the company a “buy” rating in a research note on Tuesday, November 14th. Robert W. Baird decreased their price target on American Campus Communities from $51.00 to $47.00 and set an “outperform” rating for the company in a research note on Tuesday, October 31st. Zacks Investment Research cut American Campus Communities from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Citigroup Inc. reissued a “neutral” rating on shares of American Campus Communities in a research note on Friday, October 27th. Finally, Argus raised American Campus Communities from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $52.22.

Shares of American Campus Communities Inc (ACC) traded up $0.60 during trading hours on Wednesday, reaching $42.51. The company’s stock had a trading volume of 726,300 shares, compared to its average volume of 667,601. The company has a market capitalization of $5,800.00, a price-to-earnings ratio of 18.79, a P/E/G ratio of 13.87 and a beta of 0.27. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.79. American Campus Communities Inc has a 1-year low of $41.06 and a 1-year high of $51.70.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Monday, November 13th will be issued a $0.44 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.76 annualized dividend and a yield of 4.14%. American Campus Communities’s payout ratio is currently 440.00%.

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American Campus Communities Company 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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