Presima Has Raised American Campus Cmntys (ACC) Stake; Steven Madden LTD (SHOO) Sentiment Is 1.42

June 19, 2017 - By Michael Collier

Steven Madden, Ltd. and its subsidiaries design, source, market and sell name brand and private label footwear for women, men and children, and name brand and private label fashion handbags and accessories. The company has market cap of $2.27 billion. The Firm operates through five divisions: Wholesale Footwear, Wholesale Accessories, Retail, First Cost and Licensing. It has a 19.45 P/E ratio. The Company’s products are sold through its retail stores and e-commerce Websites within the United States, Canada, Mexico and South Africa, as well as department stores, specialty stores, luxury retailers, value priced retailers, national chains, merchants and catalog retailers.

Presima Inc increased American Campus Cmntys Inc (ACC) stake by 5.32% reported in 2016Q4 SEC filing. Presima Inc acquired 26,200 shares as American Campus Cmntys Inc (ACC)’s stock declined 5.08%. The Presima Inc holds 519,000 shares with $25.83M value, up from 492,800 last quarter. American Campus Cmntys Inc now has $6.51 billion valuation. The stock rose 0.10% or $0.05 reaching $48.37 per share. About 32,224 shares traded. American Campus Communities, Inc. (NYSE:ACC) has risen 2.17% since June 19, 2016 and is uptrending. It has underperformed by 14.53% the S&P500.

Since February 28, 2017, it had 0 insider buys, and 1 insider sale for $212,369 activity. The insider Wilhelm James E III sold 4,202 shares worth $212,369.

Investors sentiment decreased to 0.96 in 2016 Q4. Its down 0.14, from 1.1 in 2016Q3. It is negative, as 36 investors sold ACC shares while 101 reduced holdings. 29 funds opened positions while 103 raised stakes. 134.56 million shares or 1.64% less from 136.80 million shares in 2016Q3 were reported. Tiverton Asset Mngmt Ltd has 99,000 shares. Japan-based Nomura Asset Mngmt has invested 0.08% in American Campus Communities, Inc. (NYSE:ACC). Oregon Public Employees Retirement Fund holds 44,980 shares or 0.05% of its portfolio. Retirement System Of Alabama reported 331,997 shares or 0.1% of all its holdings. New Mexico Educational Retirement Board stated it has 0.04% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Jpmorgan Chase holds 0.04% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 3.10 million shares. Bb&T has invested 0.04% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Kempen Capital Management Nv has 0.22% invested in American Campus Communities, Inc. (NYSE:ACC). Sumitomo Mitsui Asset Mngmt Company Limited invested in 131,620 shares. Asset Mngmt Inc has invested 0.02% in American Campus Communities, Inc. (NYSE:ACC). Sumitomo Mitsui Tru Holdings stated it has 0.01% in American Campus Communities, Inc. (NYSE:ACC). Schwab Charles Mgmt has invested 0.06% in American Campus Communities, Inc. (NYSE:ACC). Parametric Port Associate Ltd Liability holds 0.01% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 156,195 shares. Federated Invsts Pa holds 0.01% or 75,964 shares. Virginia Retirement Et Al reported 0.08% of its portfolio in American Campus Communities, Inc. (NYSE:ACC).

Among 13 analysts covering American Campus Communities (NYSE:ACC), 3 have Buy rating, 3 Sell and 7 Hold. Therefore 23% are positive. American Campus Communities had 27 analyst reports since July 23, 2015 according to SRatingsIntel. Citigroup maintained American Campus Communities, Inc. (NYSE:ACC) rating on Thursday, February 4. Citigroup has “Neutral” rating and $42 target. On Wednesday, September 16 the stock rating was maintained by Citigroup with “Neutral”. The rating was downgraded by Evercore on Monday, March 21 to “Hold”. The stock has “Buy” rating by Canaccord Genuity on Wednesday, February 24. The stock has “Buy” rating by Canaccord Genuity on Friday, February 24. The company was downgraded on Monday, July 18 by JMP Securities. The stock has “Outperform” rating by FBR Capital on Thursday, June 23. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Equal Weight” rating given on Friday, September 23 by CapitalOne. The rating was downgraded by Hilliard Lyons on Friday, July 1 to “Underperform”. The stock of American Campus Communities, Inc. (NYSE:ACC) earned “Hold” rating by Deutsche Bank on Monday, July 18.

Ranger Investment Management L.P. holds 2.57% of its portfolio in Steven Madden, Ltd. for 1.01 million shares. Neumeier Poma Investment Counsel Llc owns 377,858 shares or 1.86% of their US portfolio. Moreover, Cortina Asset Management Llc has 1.21% invested in the company for 814,391 shares. The Pennsylvania-based Emerald Advisers Inc Pa has invested 1.09% in the stock. Dean Capital Management, a Kansas-based fund reported 33,490 shares.

Ratings analysis reveals 50% of Steven Madden’s analysts are positive. Out of 4 Wall Street analysts rating Steven Madden, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. SHOO was included in 4 notes of analysts from December 6, 2016. The stock has “Buy” rating by Citigroup on Tuesday, January 31. The company was upgraded on Thursday, February 23 by Piper Jaffray. The stock of Steven Madden, Ltd. (NASDAQ:SHOO) earned “Market Perform” rating by Wells Fargo on Tuesday, December 6. As per Tuesday, January 3, the company rating was downgraded by Jefferies.

Since January 1, 0001, it had 0 insider buys, and 7 insider sales for $6.05 million activity.

About 58,049 shares traded. Steven Madden, Ltd. (SHOO) has risen 13.46% since June 19, 2016 and is uptrending. It has underperformed by 3.24% the S&P500.

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