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

August 13, 2018 - By Andrea Bass

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 improved, 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. Raymond James & Associate has 56,618 shares. Glenmede Tru Na has invested 0% in American Campus Communities, Inc. (NYSE:ACC). National Bank & Trust Of Montreal Can holds 0.01% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 185,206 shares. Moreover, Virginia Retirement Et Al has 0.02% invested in American Campus Communities, Inc. (NYSE:ACC). State Of Tennessee Treasury Department holds 0.01% or 38,600 shares in its portfolio. Great West Life Assurance Company Can has 0.01% invested in American Campus Communities, Inc. (NYSE:ACC) for 155,233 shares. Envestnet Asset Management reported 7,955 shares. Dimensional Fund Advisors Limited Partnership owns 0.03% invested in American Campus Communities, Inc. (NYSE:ACC) for 2.06M shares. Huntington Financial Bank owns 257 shares or 0% of their US portfolio. Mondrian Inv Prtn Limited accumulated 0.05% or 51,065 shares. 62,382 were accumulated by Neuberger Berman Gp Ltd Liability Company. Weiss Multi holds 1.06% or 864,715 shares in its portfolio. Fisher Asset Mngmt Ltd Company holds 20,155 shares. Proshare Advsrs Ltd Liability accumulated 46,860 shares. California State Teachers Retirement reported 0.02% stake.

Since March 23, 2018, it had 1 insider purchase, and 1 insider sale for $163,900 activity. Another trade for 5,000 shares valued at $182,500 was made by Rippel John T on Friday, March 23.

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

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: Benzinga.com which released: “Earnings Scheduled For July 23, 2018” on July 23, 2018. Also Bizjournals.com published the news titled: “Wall Street short sellers bet against these Austin companies; Parsley Energy, Cirrus Logic have the most” on August 09, 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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