American Campus Communities, Inc. (ACC) Reaches $38.95 1 Year Low; Resolute Forest Products Inc. (TSE:RFP) Had 1 Bullish Analysts

January 14, 2018 - By Richard Conner

The stock of American Campus Communities, Inc. (NYSE:ACC) hit a new 52-week low and has $35.83 target or 8.00% below today’s $38.95 share price. The 9 months bearish chart indicates high risk for the $5.33 billion company. The 1-year low was reported on Jan, 14 by Barchart.com. If the $35.83 price target is reached, the company will be worth $426.48M less. The stock decreased 0.66% or $0.26 during the last trading session, reaching $38.95. About 1.38 million shares traded or 53.44% up from the average. American Campus Communities, Inc. (NYSE:ACC) has risen 2.17% since January 14, 2017 and is uptrending. It has underperformed by 14.53% the S&P500.

Among 4 analysts covering Resolute Forest Products (TSE:RFP), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Resolute Forest Products had 9 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Resolute Forest Products Inc. (TSE:RFP) earned “Underperform” rating by Scotia Capital on Friday, February 3. The stock of Resolute Forest Products Inc. (TSE:RFP) has “Sector Perform” rating given on Friday, February 3 by RBC Capital Markets. The rating was maintained by TD Securities on Friday, February 3 with “Reduce”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, November 17 report. TD Securities maintained it with “Reduce” rating and $5.50 target in Friday, May 5 report. See Resolute Forest Products Inc. (TSE:RFP) latest ratings:

Analysts await American Campus Communities, Inc. (NYSE:ACC) to report earnings on February, 20. They expect $0.72 earnings per share, up 10.77% or $0.07 from last year’s $0.65 per share. ACC’s profit will be $98.54M for 13.52 P/E if the $0.72 EPS becomes a reality. After $0.43 actual earnings per share reported by American Campus Communities, Inc. for the previous quarter, Wall Street now forecasts 67.44% EPS growth.

American Campus Communities, Inc. is a real estate investment trust. The company has market cap of $5.33 billion. The firm invests in the real estate markets of the United States. It has a 97.86 P/E ratio. It primarily engages in developing, owning, and managing high-quality student housing communities.

Among 18 analysts covering American Campus Communities (NYSE:ACC), 6 have Buy rating, 4 Sell and 8 Hold. Therefore 33% are positive. American Campus Communities has $5600 highest and $37 lowest target. $46.38’s average target is 19.08% above currents $38.95 stock price. American Campus Communities had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Buy” rating by Argus Research on Tuesday, March 8. As per Friday, September 22, the company rating was maintained by KeyBanc Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Friday, February 24 report. J.P. Morgan downgraded the stock to “Sell” rating in Friday, December 15 report. Robert W. Baird maintained the stock with “Outperform” rating in Tuesday, October 31 report. The firm earned “Mkt Perform” rating on Tuesday, September 15 by JMP Securities. The firm earned “Hold” rating on Wednesday, May 4 by Argus Research. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, December 20. Bank of America downgraded American Campus Communities, Inc. (NYSE:ACC) rating on Thursday, October 26. Bank of America has “Hold” rating and $45.0 target. The rating was upgraded by Hilliard Lyons on Friday, August 11 to “Neutral”.

Investors sentiment increased to 1.25 in Q3 2017. Its up 0.08, from 1.17 in 2017Q2. It increased, as 23 investors sold American Campus Communities, Inc. shares while 87 reduced holdings. 36 funds opened positions while 102 raised stakes. 135.54 million shares or 1.20% less from 137.19 million shares in 2017Q2 were reported. Cibc Asset Mngmt holds 4,584 shares. State Street accumulated 5.94M shares. Rockefeller Financial Incorporated stated it has 0% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). New Mexico Educational Retirement Board owns 18,559 shares. Riverhead Management stated it has 0.02% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Brown Advisory Inc owns 5,340 shares for 0% of their portfolio. Louisiana State Employees Retirement System accumulated 36,400 shares. First Financial Bank Of Omaha accumulated 0.32% or 118,982 shares. Aqr Management Ltd Com holds 60,771 shares or 0% of its portfolio. Neuberger Berman Grp Ltd Com holds 0.01% or 234,029 shares. Principal Financial Group Incorporated reported 679,324 shares. Stevens Cap Mgmt Lp owns 40,743 shares. Legal And General Group Public Limited holds 0.02% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 487,525 shares. Daiwa Securities Group Incorporated holds 1.43% or 4.74M shares. Td Asset Management accumulated 28,000 shares.

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