CrestPoint Capital Management LLC acquired a new position in shares of American Campus Communities, Inc. (NYSE:ACC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,000 shares of the real estate investment trust’s stock, valued at approximately $246,000.

Several other hedge funds and other institutional investors have also bought and sold shares of ACC. Vanguard Group Inc. raised its holdings in American Campus Communities by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 20,850,918 shares of the real estate investment trust’s stock valued at $986,248,000 after acquiring an additional 65,304 shares in the last quarter. Cohen & Steers Inc. raised its holdings in American Campus Communities by 20.2% in the 3rd quarter. Cohen & Steers Inc. now owns 16,080,372 shares of the real estate investment trust’s stock valued at $709,948,000 after acquiring an additional 2,704,851 shares in the last quarter. BlackRock Inc. raised its holdings in American Campus Communities by 2.7% in the 2nd quarter. BlackRock Inc. now owns 15,807,560 shares of the real estate investment trust’s stock valued at $747,699,000 after acquiring an additional 420,488 shares in the last quarter. Capital Research Global Investors raised its holdings in American Campus Communities by 1.4% in the 2nd quarter. Capital Research Global Investors now owns 6,166,800 shares of the real estate investment trust’s stock valued at $291,690,000 after acquiring an additional 85,000 shares in the last quarter. Finally, State Street Corp raised its holdings in American Campus Communities by 0.7% in the 2nd quarter. State Street Corp now owns 5,795,952 shares of the real estate investment trust’s stock valued at $274,152,000 after acquiring an additional 41,332 shares in the last quarter.

Several equities analysts have commented on the company. B. Riley reaffirmed a “buy” rating on shares of American Campus Communities in a report on Wednesday, November 1st. Zacks Investment Research raised American Campus Communities from a “sell” rating to a “hold” rating in a report on Monday, October 23rd. FBR & Co reaffirmed a “buy” rating and issued a $56.00 price target on shares of American Campus Communities in a report on Tuesday, October 24th. Robert W. Baird cut their price target on American Campus Communities from $51.00 to $47.00 and set an “outperform” rating for the company in a report on Tuesday, October 31st. Finally, Citigroup reaffirmed a “neutral” rating on shares of American Campus Communities in a report on Friday, October 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $49.50.

Shares of American Campus Communities, Inc. (NYSE ACC) opened at $38.97 on Thursday. American Campus Communities, Inc. has a 12 month low of $38.77 and a 12 month high of $51.70. The firm has a market capitalization of $5,320.63, a P/E ratio of 95.05, a PEG ratio of 12.31 and a beta of 0.28. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.79.

American Campus Communities (NYSE:ACC) last released its quarterly earnings data on Monday, October 23rd. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.46). American Campus Communities had a net margin of 7.16% and a return on equity of 1.58%. sell-side analysts predict that American Campus Communities, Inc. will post 2.31 earnings per share for the current year.

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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.

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

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