Daiwa Securities Group Inc. decreased its stake in American Campus Communities Inc (NYSE:ACC) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,739,554 shares of the real estate investment trust’s stock after selling 58,661 shares during the quarter. American Campus Communities makes up 1.4% of Daiwa Securities Group Inc.’s portfolio, making the stock its 24th biggest holding. Daiwa Securities Group Inc. owned 3.47% of American Campus Communities worth $209,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its position in American Campus Communities by 0.3% in the second quarter. Vanguard Group Inc. now owns 20,850,918 shares of the real estate investment trust’s stock worth $986,248,000 after buying an additional 65,304 shares in the last quarter. BlackRock Inc. increased its position in American Campus Communities by 2.7% in the second quarter. BlackRock Inc. now owns 15,807,560 shares of the real estate investment trust’s stock worth $747,699,000 after buying an additional 420,488 shares in the last quarter. Capital Research Global Investors increased its position in American Campus Communities by 1.4% in the second quarter. Capital Research Global Investors now owns 6,166,800 shares of the real estate investment trust’s stock worth $291,690,000 after buying an additional 85,000 shares in the last quarter. State Street Corp increased its position in American Campus Communities by 0.7% in the second quarter. State Street Corp now owns 5,795,952 shares of the real estate investment trust’s stock worth $274,152,000 after buying an additional 41,332 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC increased its position in American Campus Communities by 5.4% in the second quarter. Lasalle Investment Management Securities LLC now owns 4,395,546 shares of the real estate investment trust’s stock worth $207,909,000 after buying an additional 225,127 shares in the last quarter.

Shares of American Campus Communities Inc (ACC) traded up $0.27 during trading on Tuesday, reaching $42.29. The company had a trading volume of 279,677 shares, compared to its average volume of 885,297. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.98 and a current ratio of 0.72. American Campus Communities Inc has a 52 week low of $41.06 and a 52 week high of $51.70. The company has a market capitalization of $5,770.00, a price-to-earnings ratio of 18.78, a PEG ratio of 13.86 and a beta of 0.27.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Monday, November 13th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 4.16%. The ex-dividend date is Friday, November 10th. American Campus Communities’s dividend payout ratio (DPR) is 440.00%.

A number of brokerages have commented on ACC. Robert W. Baird reduced their price target on American Campus Communities from $51.00 to $47.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Zacks Investment Research cut American Campus Communities from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Citigroup Inc. reaffirmed a “neutral” rating on shares of American Campus Communities in a research note on Friday, October 27th. Argus raised American Campus Communities from a “hold” rating to a “buy” rating in a research note on Thursday, October 26th. Finally, Bank of America Corporation lowered American Campus Communities from a “buy” rating to a “neutral” rating and set a $45.00 price objective for the company. in a research note on Thursday, October 26th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company’s stock. American Campus Communities currently has a consensus rating of “Buy” and an average target price of $51.75.

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American Campus Communities 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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