Mondrian Investment Partners LTD maintained its position in shares of 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 29,717 shares of the real estate investment trust’s stock at the end of the second quarter. Mondrian Investment Partners LTD’s holdings in American Campus Communities were worth $1,406,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. 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. Daiwa Securities Group Inc. boosted its position in shares of American Campus Communities by 47.3% in the second quarter. Daiwa Securities Group Inc. now owns 4,798,215 shares of the real estate investment trust’s stock worth $226,955,000 after buying an additional 1,541,548 shares in the last quarter. 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. Nuveen Asset Management LLC boosted its position in shares of American Campus Communities by 171.1% in the first quarter. Nuveen Asset Management LLC now owns 817,804 shares of the real estate investment trust’s stock worth $38,919,000 after buying an additional 516,113 shares in the last quarter. Finally, Presima Inc. boosted its position in shares of American Campus Communities by 79.7% in the second quarter. Presima Inc. now owns 1,059,700 shares of the real estate investment trust’s stock worth $50,124,000 after buying an additional 470,000 shares in the last quarter.

Shares of American Campus Communities Inc (NYSE:ACC) opened at 46.21 on Friday. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 95.48 and a beta of 0.25. American Campus Communities Inc has a 12-month low of $44.65 and a 12-month high of $52.53. The stock’s 50 day moving average is $47.46 and its 200 day moving average is $47.85.

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

The company also recently declared a quarterly dividend, which will be paid on Friday, August 25th. Stockholders of record on Monday, August 14th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date is Thursday, August 10th. This is an increase from American Campus Communities’s previous quarterly dividend of $0.42. American Campus Communities’s dividend payout ratio is 359.18%.

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ACC has been the subject of a number of analyst reports. Zacks Investment Research cut shares of American Campus Communities from a “hold” rating to a “sell” rating in a research note on Tuesday, May 9th. Evercore ISI upgraded shares of American Campus Communities from an “underperform” rating to an “in-line” rating and raised their price target for the stock from $48.00 to $49.00 in a research note on Monday, June 19th. FBR & Co restated a “buy” rating on shares of American Campus Communities in a research note on Friday, May 19th. BidaskClub upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Finally, Hilliard Lyons upgraded shares of American Campus Communities from an “underperform” rating to a “neutral” rating in a research note on Friday. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $52.71.

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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