American Campus Communities(NYSE:ACC) Declares Dividend of $0.4200.

American Campus Communities (NYSE:ACC) had declared a cash dividend of $0.4200 on Aug 3, 2016. The shares will quote ex-dividend on Aug 11, 2016 and the record date has been fixed for Aug 15, 2016. On Aug 3, 2016 share price, the yield comes out to be 3.1209%. The dividend payable date has been fixed on Aug 26, 2016.

In a different note, On Jul 27, 2016, JP Morgan said it Maintains its rating on American Campus Communities. In the research note, the firm Raises the price-target to $47.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 18, 2016, JMP Securities said it Downgrades its rating on American Campus Communities. The shares have been rated ‘Market Perform’ by the firm. On Jul 18, 2016, Deutsche Bank said it Maintains its rating on American Campus Communities. In the research note, the firm Raises the price-target to $45.00 per share. The shares have been rated ‘Hold’ by the firm. On Jul 7, 2016, Citigroup said it Maintains its rating on American Campus Communities. In the research note, the firm Raises the price-target to $45.00 per share. The shares have been rated ‘Neutral’ by the firm. FBR Capital said it Initiates Coverage on American Campus Communities, according to a research note issued on Jun 23, 2016. The shares have been rated ‘Outperform’ by the firm. On May 13, 2016, Deutsche Bank said it Maintains its rating on American Campus Communities. In the research note, the firm Lowers the price-target to $46.00 per share. The shares have been rated ‘Hold’ by the firm.

American Campus Communities (ACC) made into the market gainers list on Fridays trading session with the shares advancing 0.84% or 0.43 points. Due to strong positive momentum, the stock ended at $51.69, which is also near the day’s high of $52.13. The stock began the session at $51.37 and the volume stood at 11,31,908 shares. The 52-week high of the shares is $54.5601 and the 52 week low is $32.12. The company has a current market capitalization of $6,744 M and it has 13,04,66,759 shares in outstanding.

American Campus Communities(ACC) last announced its earnings results on Jul 25, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $185.98M. Analysts had an estimated revenue of $175.42M. Earnings per share were $0.54. Analysts had estimated an EPS of $0.53.

Several Insider Transactions has been reported to the SEC. On Jun 30, 2016, James E Iii Wilhelm (EVP PublicPrivate Transactions) sold 1,150 shares at $51.51 per share price.Also, On Jun 23, 2016, Daniel Perry (EVP, Cap. Mkts. & Corp. Fin.) sold 4,096 shares at $49.05 per share price.On May 10, 2016, Edward Lowenthal (director) sold 2,000 shares at $48.21 per share price, according to the Form-4 filing with the securities and exchange commission.

American Campus Communities Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition design financing development construction management leasing and management of student housing properties. The Company’s total owned and third-party managed portfolio includes approximately 204 properties with 130700 beds in 44300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties On-Campus Participating Properties Development Services and Property Management Services.

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