American Campus Communities Inc (NYSE:ACC): The stock price is expected to reach $ 46.6 in the short term. The number of analysts agreeing with this consensus is 5. The higher estimate for the short term price target is at $49 while the lower estimate is at $45. The standard deviation of the price stands at $1.67.
Many analysts have stated their opinion on the company shares. Deutsche Bank maintains its rating on American Campus Communities Inc (NYSE:ACC). The global brokerage major lowers the current price target from $46 per share to $45 per share. Analysts at the Deutsche Bank have a current rating of Hold on the shares. The rating by the firm was issued on May 13, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities,The director of American Campus Communities Inc, Lowenthal Edward sold 2,000 shares at $48.21 on May 10, 2016. The Insider selling transaction had a total value worth of $96,420. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
American Campus Communities Inc (NYSE:ACC) : On Monday heightened volatility was witnessed in American Campus Communities Inc (NYSE:ACC) which led to swings in the share price. The stock opened for trading at $47.83 and hit $48.495 on the upside , eventually ending the session at $48.09, with a gain of 0.92% or 0.44 points. The heightened volatility saw the trading volume jump to 1,000,485 shares. The 52-week high of the share price is $48.495 and the company has a market cap of $6,273 million. The 52-week low of the share price is at $32.12 .
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 Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 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.