WINTON GROUP Ltd lifted its position in American Campus Communities, Inc. (NYSE:ACC) by 1,284.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 623,763 shares of the real estate investment trust’s stock after purchasing an additional 578,708 shares during the quarter. WINTON GROUP Ltd owned about 0.46% of American Campus Communities worth $25,818,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Cutler Group LP grew its position in American Campus Communities by 476.2% during the 4th quarter. Cutler Group LP now owns 790 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 1,000 shares in the last quarter. We Are One Seven LLC purchased a new stake in American Campus Communities during the fourth quarter valued at about $32,000. Ipswich Investment Management Co. Inc. purchased a new stake in American Campus Communities during the fourth quarter valued at about $41,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of American Campus Communities in the third quarter worth about $270,000. Finally, Wright Investors Service Inc. purchased a new stake in shares of American Campus Communities in the third quarter worth about $272,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.
A number of brokerages have commented on ACC. ValuEngine upgraded shares of American Campus Communities from a “hold” rating to a “buy” rating in a research report on Friday, December 7th. JMP Securities reaffirmed a “buy” rating and issued a $49.00 price target on shares of American Campus Communities in a research report on Tuesday, October 16th. TheStreet lowered American Campus Communities from a “b-” rating to a “c” rating in a research report on Monday, October 22nd. Capital One Financial started coverage on American Campus Communities in a report on Monday, November 19th. They issued an “equal weight” rating and a $44.00 price objective for the company. Finally, Zacks Investment Research upgraded American Campus Communities from a “sell” rating to a “hold” rating in a research note on Friday, October 26th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $44.50.
Shares of NYSE ACC traded down $0.10 during midday trading on Wednesday, hitting $45.32. The stock had a trading volume of 23,303 shares, compared to its average volume of 821,388. The company has a market cap of $6.30 billion, a PE ratio of 19.59 and a beta of 0.49. American Campus Communities, Inc. has a 1 year low of $35.22 and a 1 year high of $46.40. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.57 and a quick ratio of 1.57.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 15th. Investors of record on Friday, February 1st will be given a dividend of $0.46 per share. The ex-dividend date is Thursday, January 31st. This represents a $1.84 dividend on an annualized basis and a yield of 4.06%. American Campus Communities’s payout ratio is 79.65%.
About American Campus Communities
American Campus Communities, Inc is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties.
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