American Campus Communities Inc (NYSE:ACC) had its price target reduced by equities researchers at Robert W. Baird from $51.00 to $47.00 in a research note issued to investors on Tuesday. The brokerage presently has an “outperform” rating on the real estate investment trust’s stock. Robert W. Baird’s target price suggests a potential upside of 13.42% from the stock’s current price.

A number of other research firms have also recently weighed in on ACC. BidaskClub raised American Campus Communities from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Canaccord Genuity reissued a “buy” rating and issued a $56.00 price objective on shares of American Campus Communities in a research report on Monday, July 24th. Zacks Investment Research raised American Campus Communities from a “sell” rating to a “hold” rating in a research report on Friday, July 21st. TheStreet cut American Campus Communities from a “b” rating to a “c+” rating in a research report on Monday, July 24th. Finally, KeyCorp reaffirmed a “buy” rating and set a $56.00 price target on shares of American Campus Communities in a research report on Friday, August 25th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. American Campus Communities presently has a consensus rating of “Buy” and a consensus price target of $51.75.

American Campus Communities (NYSE:ACC) traded down 0.43% on Tuesday, hitting $41.26. The stock had a trading volume of 76,178 shares. The company has a 50-day moving average price of $45.13 and a 200 day moving average price of $46.87. The firm has a market cap of $5.63 billion, a PE ratio of 85.25 and a beta of 0.26. American Campus Communities has a 52-week low of $41.06 and a 52-week high of $51.95.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mesirow Financial Investment Management Equity Management purchased a new position in shares of American Campus Communities during the 3rd quarter valued at about $1,557,000. AEW Capital Management L P raised its stake in shares of American Campus Communities by 7.3% during the 3rd quarter. AEW Capital Management L P now owns 1,102,771 shares of the real estate investment trust’s stock valued at $48,687,000 after buying an additional 75,424 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of American Campus Communities during the 3rd quarter valued at about $647,000. Private Capital Management Inc. raised its stake in shares of American Campus Communities by 58.2% during the 3rd quarter. Private Capital Management Inc. now owns 8,700 shares of the real estate investment trust’s stock valued at $384,000 after buying an additional 3,200 shares during the last quarter. Finally, Honeywell International Inc. raised its stake in shares of American Campus Communities by 27.8% during the 3rd quarter. Honeywell International Inc. now owns 48,769 shares of the real estate investment trust’s stock valued at $2,153,000 after buying an additional 10,594 shares during the last quarter.

About American Campus Communities

American Campus Communities, Inc is a self-managed and self-administered equity real estate investment trust (REIT). The Company’s segments include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties.

Analyst Recommendations for American Campus Communities (NYSE:ACC)

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