Economy

American Campus Communities (ACC) Downgraded by JP Morgan Chase & Co to Underweight

Dimensional Fund Advisors Lp owns 1.86 million shares. The SI to Mednax Holding Company's float is 4.51%. About 2.14M shares traded or 163.26% up from the average. Pandora Media Inc (NYSE:P) was reduced too. It has underperformed by 32.98% the S&P500. Oppenheimer reported 0.02% stake.

American Campus Communities, Inc is a self-managed and self-administered equity real estate investment trust (REIT). The Schwab Charles Investment Management Inc holds 1.21 million shares with $57.30M value, up from 1.07 million last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in American Campus Communities by 1.3% in the fourth quarter. The company had a trading volume of 29,250 shares. American Campus Communities presently has a consensus rating of Hold and an average price target of $51.88. (NYSE:ACC) has risen 2.17% since December 19, 2016 and is uptrending. It has underperformed by 14.53% the S&P500. Therefore 71% are positive. Oracle had 102 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of MEDNAX, Inc. Finally, Citigroup reaffirmed a "neutral" rating on shares of American Campus Communities in a research report on Friday, October 27th. The rating was downgraded by Zacks on Monday, September 7 to "Hold". The company was maintained on Wednesday, August 16 by Piper Jaffray. The rating was maintained by KeyBanc Capital Markets with "Buy" on Monday, October 23. CapitalOne initiated the stock with "Equal Weight" rating in Friday, September 23 report. (NYSE:MD) has "Underperform" rating given on Friday, May 5 by Bank of America. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The rating was downgraded by Mizuho to "Neutral" on Wednesday, November 9. The stock has a market cap of $5,810.00, a price-to-earnings ratio of 19.09, a price-to-earnings-growth ratio of 14.09 and a beta of 0.27. It has a 18.22 P/E ratio. It also provides maternal-fetal care, including inpatient and office clinical care to expectant mothers and their unborn babies through maternal-fetal medicine subspecialists, as well as obstetricians and other clinicians consisting of maternal-fetal nurse practitioners, certified nurse mid-wives, ultrasonographers, and genetic counselors.

Investors sentiment increased to 1.17 in Q2 2017. Finally, Canada Pension Plan Investment Board grew its stake in American Campus Communities by 1,200.0% in the second quarter.

American Campus Communities Inc (NYSE:ACC), a USD$5.82B mid-cap, is a real estate company operating in an industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. Wealth Enhancement Advisory Service Limited Liability Co reported 43,986 shares or 0.2% of all its holdings. Moreover, Pacad Limited has 0.01% invested in American Campus Communities, Inc. (NYSE:ACC). Metropolitan Life Insurance Ny holds 0.04% in American Campus Communities, Inc. 11,388 were accumulated by Gam Ag. Exane Derivatives owns 177 shares. Moreover, Oregon Employees Retirement Fund has 0.04% invested in American Campus Communities, Inc. (NYSE:ACC) by 11.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The hedge fund held 3.44 million shares of the real estate investment trusts company at the end of 2017Q2, valued at $162.77 million, up from 2.28M at the end of the previous reported quarter. Prelude Mgmt Limited Liability Company holds 0.13% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 48,256 shares. Forward Ltd Liability has invested 0.05% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Solaris Asset Mngmt Limited Liability Corporation invested 0.06% in American Campus Communities, Inc. Orrstown Service holds 0.15% or 2,740 shares. M&T National Bank & Trust owns 2.22M shares. (NYSE:ACC). 212,726 are held by Advantus Capital Management Incorporated. Therefore 33% are positive. FBR & Co reiterated a buy rating and issued a $56.00 price target on shares of American Campus Communities in a research note on Wednesday, February 22nd.

ACC has been the subject of a number of research analyst reports. Citigroup has "Neutral" rating and $37 target. The company was upgraded on Friday, August 11 by Hilliard Lyons. The firm has "Neutral" rating by Goldman Sachs given on Thursday, September 10.

American Campus Communities, Inc. has a 52-week low of $41.06 and a 52-week high of $51.70. Argus Research has "Buy" rating and $49 target. The stock has "Sell" rating by RBC Capital Markets on Friday, May 26. (NYSE ACC) traded down $0.08 during trading hours on Tuesday, reaching $42.50. As per Monday, July 10, the company rating was upgraded by JMP Securities. On Monday, July 10 the stock rating was upgraded by JMP Securities to "Market Outperform". Deutsche Bank maintained the stock with "Hold" rating in Wednesday, November 18 report.



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