American National Registered Investment Advisor Inc. maintained its stake in American Campus Communities Inc (NYSE:ACC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,830 shares of the real estate investment trust’s stock at the end of the second quarter. American National Registered Investment Advisor Inc.’s holdings in American Campus Communities were worth $370,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of American Campus Communities by 3.2% in the first quarter. Vanguard Group Inc. now owns 20,785,614 shares of the real estate investment trust’s stock worth $989,187,000 after buying an additional 651,470 shares in the last quarter. BlackRock Inc. boosted its position in shares of American Campus Communities by 4,342.4% in the first quarter. BlackRock Inc. now owns 15,387,072 shares of the real estate investment trust’s stock worth $732,271,000 after buying an additional 15,040,705 shares in the last quarter. State Street Corp boosted its position in shares of American Campus Communities by 1.4% in the first quarter. State Street Corp now owns 5,754,620 shares of the real estate investment trust’s stock worth $273,859,000 after buying an additional 77,688 shares in the last quarter. Lasalle Investment Management Securities LLC boosted its position in shares of American Campus Communities by 2.0% in the first quarter. Lasalle Investment Management Securities LLC now owns 4,170,419 shares of the real estate investment trust’s stock worth $198,470,000 after buying an additional 81,539 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of American Campus Communities by 4.7% in the first quarter. JPMorgan Chase & Co. now owns 3,247,712 shares of the real estate investment trust’s stock worth $154,560,000 after buying an additional 144,673 shares in the last quarter.

American Campus Communities Inc (NYSE:ACC) opened at 48.89 on Friday. American Campus Communities Inc has a 1-year low of $44.65 and a 1-year high of $54.56. The stock’s 50 day moving average is $47.58 and its 200 day moving average is $48.10. The firm has a market capitalization of $6.55 billion, a price-to-earnings ratio of 75.10 and a beta of 0.25.

American Campus Communities (NYSE:ACC) last released its quarterly earnings results on Monday, April 24th. The real estate investment trust reported $0.62 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.62. American Campus Communities had a net margin of 11.23% and a return on equity of 2.53%. The company had revenue of $192.90 million for the quarter, compared to analyst estimates of $183.61 million. During the same period last year, the firm earned $0.62 earnings per share. The firm’s revenue was down 3.5% on a year-over-year basis. Analysts predict that American Campus Communities Inc will post $0.85 EPS for the current fiscal year.

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A number of equities analysts have recently weighed in on ACC shares. Zacks Investment Research raised shares of American Campus Communities from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Wednesday, June 28th. BidaskClub raised shares of American Campus Communities from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. FBR & Co reaffirmed a “buy” rating on shares of American Campus Communities in a research report on Friday, May 19th. Evercore ISI raised shares of American Campus Communities from an “underperform” rating to an “in-line” rating and boosted their price objective for the company from $48.00 to $49.00 in a research report on Monday, June 19th. Finally, JMP Securities raised shares of American Campus Communities from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a research report on Monday, July 10th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $52.25.

About American Campus Communities

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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