American Campus Communities Inc. (NYSE:ACC) traded up 1.8% during mid-day trading on Tuesday . The company traded as high as $52.80 and last traded at $52.60, with a volume of 306,752 shares traded. The stock had previously closed at $51.69.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of American Campus Communities from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th. Canaccord Genuity reissued a “buy” rating and issued a $49.00 price target on shares of American Campus Communities in a report on Tuesday, April 26th. Argus downgraded shares of American Campus Communities from a “buy” rating to a “hold” rating in a report on Wednesday, May 4th. They noted that the move was a valuation call. Hilliard Lyons downgraded shares of American Campus Communities from a “neutral” rating to an “underperform” rating in a report on Friday, July 1st. Finally, FBR & Co assumed coverage on shares of American Campus Communities in a report on Thursday, June 23rd. They issued an “outperform” rating and a $54.00 price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. American Campus Communities presently has a consensus rating of “Hold” and an average target price of $44.33.

The company has a market cap of $6.85 billion and a price-to-earnings ratio of 67.46. The firm’s 50 day moving average price is $48.38 and its 200 day moving average price is $44.98.

American Campus Communities (NYSE:ACC) last released its quarterly earnings data on Monday, April 25th. The real estate investment trust reported $0.62 EPS for the quarter, missing the consensus estimate of $0.63 by $0.01. The company earned $200 million during the quarter, compared to the consensus estimate of $189.23 million. During the same period last year, the firm earned $0.67 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. On average, analysts anticipate that American Campus Communities Inc. will post $2.21 EPS for the current fiscal year.

In other American Campus Communities news, Director Edward Lowenthal sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 10th. The stock was sold at an average price of $48.21, for a total transaction of $96,420.00. Following the completion of the sale, the director now directly owns 25,713 shares in the company, valued at approximately $1,239,623.73. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP James E. Wilhelm III sold 1,150 shares of the business’s stock in a transaction dated Tuesday, June 28th. The shares were sold at an average price of $51.51, for a total value of $59,236.50. Following the sale, the executive vice president now owns 41,952 shares of the company’s stock, valued at $2,160,947.52. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in the stock. Stephens Inc. AR increased its stake in American Campus Communities by 9.9% in the fourth quarter. Stephens Inc. AR now owns 40,412 shares of the real estate investment trust’s stock worth $1,671,000 after buying an additional 3,631 shares in the last quarter. ProShare Advisors LLC increased its stake in American Campus Communities by 12.4% in the fourth quarter. ProShare Advisors LLC now owns 50,938 shares of the real estate investment trust’s stock worth $2,106,000 after buying an additional 5,609 shares in the last quarter. Cornerstone Capital Management Holdings LLC. increased its stake in American Campus Communities by 2.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 66,565 shares of the real estate investment trust’s stock worth $2,752,000 after buying an additional 1,372 shares in the last quarter. Liberty Mutual Group Asset Management Inc. increased its stake in American Campus Communities by 51.4% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 72,382 shares of the real estate investment trust’s stock worth $2,992,000 after buying an additional 24,569 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in American Campus Communities by 93.7% in the fourth quarter. First Trust Advisors LP now owns 79,534 shares of the real estate investment trust’s stock worth $3,288,000 after buying an additional 38,466 shares in the last quarter.

American Campus Communities, Inc is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management.

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