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

August 13, 2018 - By Jack Shaw

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. Bb&T Securities Llc reported 0.02% stake. Westwood Hldgs Gru holds 0.01% or 22,085 shares. Oppenheimer Asset Mngmt Incorporated holds 0.02% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 21,947 shares. Prelude Capital Mgmt Ltd Liability Corporation reported 0.16% in American Campus Communities, Inc. (NYSE:ACC). Btim owns 79,867 shares. Oregon Public Employees Retirement Fund invested in 0.03% or 51,618 shares. Bank Of Montreal Can holds 0.01% in American Campus Communities, Inc. (NYSE:ACC) or 185,206 shares. Tudor Et Al holds 0.01% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 7,586 shares. Amer Gp Incorporated reported 0.04% in American Campus Communities, Inc. (NYSE:ACC). Northern holds 0.02% or 1.84M shares. Moreover, Amica Pension Fund Board Of Trustees has 0.37% invested in American Campus Communities, Inc. (NYSE:ACC). Walleye Trading Limited Co holds 0% or 5,908 shares. Janney Montgomery Scott Ltd Liability Com owns 9,152 shares for 0% of their portfolio. Davidson Investment Advsr, a Montana-based fund reported 178,666 shares. Synovus invested 0% in American Campus Communities, Inc. (NYSE:ACC).

Since March 23, 2018, it had 1 buying transaction, and 1 insider sale for $163,900 activity. $346,400 worth of American Campus Communities, Inc. (NYSE:ACC) shares were sold by Hopke James Clarence Jr.

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 $137.47 million, 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. Citigroup maintained American Campus Communities, Inc. (NYSE:ACC) on Tuesday, March 13 with “Neutral” rating. As per Wednesday, July 18, the company rating was downgraded by Argus Research. The firm earned “Hold” rating on Wednesday, March 28 by Deutsche Bank. The firm earned “Buy” rating on Monday, February 26 by Sandler O’Neill. On Thursday, February 22 the stock rating was upgraded by Hilliard Lyons to “Long-Term Buy”. The firm has “Underweight” rating by JP Morgan given on Friday, March 16. Bank of America upgraded it to “Buy” rating and $46.5 target in Thursday, June 14 report. The stock of American Campus Communities, Inc. (NYSE:ACC) earned “Buy” rating by FBR Capital on Wednesday, February 21.

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: which released: “Earnings Scheduled For July 23, 2018” on July 23, 2018. Also published the news titled: “American Campus Receives Another Poor Grade” on July 27, 2018.‘s news article titled: “Wall Street short sellers bet against these Austin companies; Parsley Energy, Cirrus Logic have the most” with publication date: August 09, 2018 was also an interesting one.

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

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