Kempen Capital Management N.V. lessened its stake in shares of American Campus Communities Inc (NYSE:ACC) by 30.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,906 shares of the real estate investment trust’s stock after selling 19,590 shares during the quarter. Kempen Capital Management N.V.’s holdings in American Campus Communities were worth $2,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of ACC. BlackRock Inc. increased its position in American Campus Communities by 4,342.4% during the 1st quarter. BlackRock Inc. now owns 15,387,072 shares of the real estate investment trust’s stock worth $732,271,000 after purchasing an additional 15,040,705 shares in the last quarter. Daiwa Securities Group Inc. increased its position in American Campus Communities by 47.3% during the 2nd quarter. Daiwa Securities Group Inc. now owns 4,798,215 shares of the real estate investment trust’s stock worth $226,955,000 after purchasing an additional 1,541,548 shares in the last quarter. Vanguard Group Inc. increased its position in American Campus Communities by 3.2% during the 1st quarter. Vanguard Group Inc. now owns 20,785,614 shares of the real estate investment trust’s stock worth $989,187,000 after purchasing an additional 651,470 shares in the last quarter. Nuveen Asset Management LLC increased its position in American Campus Communities by 171.1% during the 1st quarter. Nuveen Asset Management LLC now owns 817,804 shares of the real estate investment trust’s stock worth $38,919,000 after purchasing an additional 516,113 shares in the last quarter. Finally, Presima Inc. increased its position in American Campus Communities by 79.7% during the 2nd quarter. Presima Inc. now owns 1,059,700 shares of the real estate investment trust’s stock worth $50,124,000 after purchasing an additional 470,000 shares in the last quarter.

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A number of research firms recently commented on ACC. KeyCorp reiterated a “buy” rating and set a $56.00 price objective on shares of American Campus Communities in a research report on Friday, August 25th. Hilliard Lyons upgraded American Campus Communities from an “underperform” rating to a “neutral” rating in a research report on Friday, August 11th. Cantor Fitzgerald reiterated an “overweight” rating on shares of American Campus Communities in a research report on Thursday, August 10th. TheStreet cut American Campus Communities from a “b” rating to a “c+” rating in a research report on Monday, July 24th. Finally, Sandler O’Neill cut American Campus Communities from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $55.00 to $50.00 in a research report on Wednesday, July 26th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $53.13.

American Campus Communities Inc (ACC) traded down 0.56% during mid-day trading on Tuesday, reaching $48.33. The company’s stock had a trading volume of 21,943 shares. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 99.86 and a beta of 0.25. American Campus Communities Inc has a 1-year low of $44.65 and a 1-year high of $52.53. The firm has a 50-day moving average of $47.61 and a 200 day moving average of $47.53.

American Campus Communities (NYSE:ACC) last posted its quarterly earnings results on Monday, July 24th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.01). The business had revenue of $169.90 million for the quarter, compared to analyst estimates of $169.50 million. American Campus Communities had a net margin of 8.59% and a return on equity of 1.90%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 earnings per share. Equities analysts expect that American Campus Communities Inc will post $0.68 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 25th. Investors of record on Monday, August 14th were given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a yield of 3.62%. This is a positive change from American Campus Communities’s previous quarterly dividend of $0.42. The ex-dividend date was Thursday, August 10th. American Campus Communities’s payout ratio is presently 359.18%.

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.

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

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