Lasalle Investment Management Securities Llc Decreased American Campus Communities Inc (NYSE:ACC) Stake By $22.42 Million

August 13, 2018 - By Michele Cranor

American Campus Communities, Inc. (NYSE:ACC) LogoInvestors sentiment increased to 1.62 in 2018 Q1. Its up 0.26, from 1.36 in 2017Q4. It increased, as 22 investors sold ACC shares while 76 reduced holdings. 43 funds opened positions while 116 raised stakes. 128.74 million shares or 4.65% less from 135.03 million shares in 2017Q4 were reported. Balyasny Asset Management Ltd Llc holds 667,424 shares or 0.11% of its portfolio. Riverhead Capital Mgmt Ltd Co stated it has 0.02% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Hsbc Public Limited Co has invested 0% in American Campus Communities, Inc. (NYSE:ACC). California State Teachers Retirement Sys reported 221,753 shares. 112,201 are held by Mutual Of America Capital Lc. Glenmede Trust Co Na invested 0% in American Campus Communities, Inc. (NYSE:ACC). The Texas-based Amer Insur Communications Tx has invested 0.19% in American Campus Communities, Inc. (NYSE:ACC). Raymond James And Associate invested in 56,618 shares. Victory Capital accumulated 388,019 shares. Comerica Commercial Bank holds 116,330 shares. Registered Invest Advisor stated it has 5,750 shares. Texas-based Dimensional Fund Advsrs L P has invested 0.03% in American Campus Communities, Inc. (NYSE:ACC). Pub Employees Retirement Association Of Colorado holds 24,650 shares. 37,400 are held by Landscape Capital Limited Co. Cipher Capital Lp has invested 0.43% in American Campus Communities, Inc. (NYSE:ACC).

Since March 23, 2018, it had 1 buy, and 1 sale for $163,900 activity. The insider Rippel John T bought $182,500.

Lasalle Investment Management Securities Llc decreased its stake in American Campus Communities Inc (NYSE:ACC) by 14.27% based on its latest 2018Q2 regulatory filing with the SEC. Lasalle Investment Management Securities Llc sold 533,746 shares as the company’s stock rose 2.41% while stock markets declined. The institutional investor held 3.21M shares of the real estate investment trusts company at the end of 2018Q2, valued at $137.47M, down from 3.74M at the end of the previous reported quarter. Lasalle Investment Management Securities Llc who had been investing in American Campus Communities Inc for a number of months, seems to be less bullish one the $5.57B market cap company. The stock decreased 0.86% or $0.35 during the last trading session, reaching $40.53. About 553,826 shares traded. American Campus Communities, Inc. (NYSE:ACC) has declined 19.76% since August 13, 2017 and is downtrending. It has underperformed by 32.33% the S&P500.

American Campus Communities, Inc. (NYSE:ACC) Ratings Coverage

Among 8 analysts covering American Campus (NYSE:ACC), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. American Campus had 8 analyst reports since February 21, 2018 according to SRatingsIntel. The rating was upgraded by Hilliard Lyons to “Long-Term Buy” on Thursday, February 22. The firm has “Underweight” rating by JP Morgan given on Friday, March 16. The company was downgraded on Wednesday, July 18 by Argus Research. The firm has “Neutral” rating by Citigroup given on Tuesday, March 13. The firm has “Buy” rating given on Wednesday, February 21 by FBR Capital. Deutsche Bank maintained it with “Hold” rating and $43 target in Wednesday, March 28 report. On Thursday, June 14 the stock rating was upgraded by Bank of America to “Buy”. The firm earned “Buy” rating on Monday, February 26 by Sandler O’Neill.

American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company has market cap of $5.57 billion. The firm is a fully integrated, self-managed and self-administered equity real estate investment trust with expertise in the design, finance, development, construction management and operational management of student housing properties. It has a 51.3 P/E ratio. As of December 31, 2017, American Campus Communities owned 169 student housing properties containing approximately 104,100 beds.

More recent American Campus Communities, Inc. (NYSE:ACC) news were published by: Bizjournals.com which released: “Wall Street short sellers bet against these Austin companies; Parsley Energy, Cirrus Logic have the most” on August 09, 2018. Also Benzinga.com published the news titled: “Earnings Scheduled For July 23, 2018” on July 23, 2018. Seekingalpha.com‘s news article titled: “American Campus Receives Another Poor Grade” with publication date: July 27, 2018 was also an interesting one.

American Campus Communities, Inc. (NYSE:ACC) Institutional Positions Chart

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