American Campus Communities, Inc. (NYSE:ACC) has earned a consensus rating of “Buy” from the seventeen analysts that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $49.50.

A number of brokerages have recently commented on ACC. B. Riley restated a “buy” rating on shares of American Campus Communities in a research note on Wednesday, November 1st. FBR & Co restated a “buy” rating on shares of American Campus Communities in a research note on Monday, September 25th. Sandler O’Neill upgraded American Campus Communities from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Friday, January 12th. 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 report on Tuesday, October 31st. Finally, Zacks Investment Research cut American Campus Communities from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th.

Shares of American Campus Communities (NYSE ACC) traded down $0.04 on Tuesday, hitting $38.53. The stock had a trading volume of 724,656 shares, compared to its average volume of 733,965. American Campus Communities has a 1 year low of $38.29 and a 1 year high of $51.70. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $5,256.49, a P/E ratio of 93.98, a price-to-earnings-growth ratio of 12.21 and a beta of 0.28.

American Campus Communities (NYSE:ACC) last issued its earnings results on Monday, October 23rd. The real estate investment trust reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.46). American Campus Communities had a return on equity of 1.58% and a net margin of 7.16%. equities research analysts expect that American Campus Communities will post 2.31 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 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 worth $709,948,000 after purchasing an additional 2,704,851 shares during the period. Crossmark Global Holdings Inc. acquired a new position in American Campus Communities in the 3rd quarter worth about $647,000. Sarasin & Partners LLP raised its holdings in American Campus Communities by 33.6% in the 3rd quarter. Sarasin & Partners LLP now owns 172,791 shares of the real estate investment trust’s stock worth $7,629,000 after purchasing an additional 43,418 shares during the period. Stevens Capital Management LP acquired a new position in American Campus Communities in the 3rd quarter worth about $1,799,000. Finally, Stifel Financial Corp raised its holdings in American Campus Communities by 55.4% in the 3rd quarter. Stifel Financial Corp now owns 7,996 shares of the real estate investment trust’s stock worth $352,000 after purchasing an additional 2,850 shares during the period.

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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.

Analyst Recommendations for American Campus Communities (NYSE:ACC)

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