14,652 Shares in American Campus Communities Inc (ACC) Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new stake in shares of American Campus Communities Inc (NYSE:ACC) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 14,652 shares of the real estate investment trust’s stock, valued at approximately $647,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Private Capital Management Inc. boosted its holdings in American Campus Communities by 58.2% during the 3rd quarter. Private Capital Management Inc. now owns 8,700 shares of the real estate investment trust’s stock valued at $384,000 after acquiring an additional 3,200 shares during the period. Honeywell International Inc. boosted its holdings in American Campus Communities by 27.8% during the 3rd quarter. Honeywell International Inc. now owns 48,769 shares of the real estate investment trust’s stock valued at $2,153,000 after acquiring an additional 10,594 shares during the period. Aperio Group LLC boosted its holdings in American Campus Communities by 4.2% during the 3rd quarter. Aperio Group LLC now owns 36,116 shares of the real estate investment trust’s stock valued at $1,595,000 after acquiring an additional 1,455 shares during the period. Diamond Hill Capital Management Inc. purchased a new position in American Campus Communities during the 3rd quarter valued at $48,216,000. Finally, Perpetual Ltd purchased a new position in American Campus Communities during the 2nd quarter valued at $1,183,000.

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ACC has been the subject of a number of recent analyst reports. KeyCorp restated a “buy” rating and set a $56.00 price objective on shares of American Campus Communities in a report on Friday, August 25th. Argus upgraded American Campus Communities from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. Hilliard Lyons upgraded American Campus Communities from an “underperform” rating to a “neutral” rating in a report on Friday, August 11th. Cantor Fitzgerald restated an “overweight” rating on shares of American Campus Communities in a report on Thursday, August 10th. Finally, Zacks Investment Research cut American Campus Communities from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. American Campus Communities has a consensus rating of “Buy” and an average target price of $52.22.

Shares of American Campus Communities Inc (NYSE ACC) opened at $41.83 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $5,824.05, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 14.13 and a beta of 0.27. American Campus Communities Inc has a 1 year low of $41.06 and a 1 year high of $51.70.

The company also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Shareholders of record on Monday, November 13th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Friday, November 10th. American Campus Communities’s dividend payout ratio (DPR) is presently 429.28%.

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.

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

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