UP!
 |
|
|
Type
|
Public company |
|---|---|
| Traded as | NYSE: ACC S&P 400 component |
| Industry | Dormitory |
| Founded | 1993 (1993) |
| Headquarters | Austin, Texas |
|
Key people
|
Edward Lowenthal, Chairman William C. Bayless, Jr., CEO Jonathan A. Graf, CFO |
| Revenue |  $0.738 billion (2016) |
|
Net income
|
 $0.100 billion (2016) |
| Total assets | $5.865 billion (2016) |
| Total equity | $3.444 billion (2016) |
|
Number of employees
|
3,170 (2016) |
| Website | www |
American Campus Communities Inc. is a publicly-traded real estate investment trust that invests in dormitory housing.
As of December 31, 2016, the company owned and/or managed 203 properties with approximately 132,000 beds, making it the largest private dormitory manager in the United States.
The company owns and develops both off-campus and on-campus dormitories for universities that outsource the financial responsibility of dormitory construction and management.
The company was founded in 1993 by Bill Bayless.
In 1997, Bayless bought out his partners.
The company became a public company via an initial public offering on August 17, 2004.
In 2008, the company acquired the student housing division of GMH Communities Trust in a $1.4 billion transaction that doubled the size of the company.
In 2011, the company received a contract to build a $132 million 1,008-bed student housing complex at Northern Illinois University.
In 2013, the company was included on the list of "America's 100 Most Trustworthy Companies" published by Forbes.
In 2015, the company broke ground on a new $120 million student housing complex to house 1,600 engineering students at Arizona State University.
In 2016, the company completed a new $44.2 million student housing complex at the University of Louisville.
In 2017, Jim Hopke was promoted from chief operating officer to president of the company.
In 2017, the company acquired a 283-unit complex next to the University of Washington in Seattle for $112.1 million and a portfolio of 7 properties for $590.6 million.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q2 2022 | 2022-07-25 | 0.00 | 0.00 |
| Q1 2022 | 2022-04-25 | 0.27 | 0.27 |
| Q4 2021 | 2022-02-22 | 0.29 | 0.29 |
| Q3 2021 | 2021-10-25 | -0.09 | -0.09 |
| Q2 2021 | 2021-07-26 | -0.07 | -0.07 |
| Q1 2021 | 2021-04-19 | 0.11 | 0.11 |
| Q4 2020 | 2021-02-22 | 0.18 | 0.18 |
| Q3 2020 | 2020-10-26 | 0.00 | 0.00 |
| Q2 2020 | 2020-07-20 | -0.10 | -0.10 |
| Q1 2020 | 2020-04-20 | 0.58 | 0.58 |
| 2016-07-11 | Reiterated Rating | Canaccord Genuity | Buy | $49.00 to $56.00 |
| 2016-07-07 | Boost Price Target | Citigroup Inc. | Neutral | $45.00 to $52.00 |
| 2016-07-01 | Downgrade | Hilliard Lyons | Neutral to Underperform | |
| 2016-06-23 | Initiated Coverage | FBR & Co. | Outperform | $54.00 |
| 2016-06-23 | Initiated Coverage | FBR & Co | Outperform | $54.00 |
| 2016-05-13 | Reiterated Rating | Deutsche Bank | Hold | $46.00 to $45.00 |
| 2016-05-13 | Reiterated Rating | Deutsche Bank AG | Hold | $46.00 to $45.00 |
| 2016-05-04 | Downgrade | Argus | Buy to Hold | |
| 2016-04-26 | Reiterated Rating | Canaccord Genuity | Buy | $49.00 |
| 2016-04-12 | Reiterated Rating | Canaccord Genuity | Buy | |
| 2016-03-21 | Downgrade | Evercore ISI | Buy to Hold | |
| 2016-03-08 | Boost Price Target | Argus | Buy | $43.00 to $49.00 |
| 2016-02-23 | Reiterated Rating | Canaccord Genuity | Buy | $48.00 to $49.00 |
| 2016-02-14 | Reiterated Rating | Canaccord Genuity | Buy | |
| 2016-02-11 | Reiterated Rating | Deutsche Bank | Hold | $42.00 to $45.00 |
| 2016-02-08 | Upgrade | Canaccord Genuity | Hold to Buy | $43.00 to $48.00 |
| 2016-02-04 | Boost Price Target | Citigroup Inc. | Neutral | $40.00 to $42.00 |
| 2015-12-03 | Downgrade | Goldman Sachs | Neutral to Sell | $37.00 |
| 2015-12-03 | Downgrade | Goldman Sachs Group Inc. | Neutral to Sell | $37.00 |
| 2015-11-16 | Reiterated Rating | Deutsche Bank | Hold | $41.00 to $42.00 |
| 2015-10-28 | Upgrade | Robert W. Baird | Neutral to Outperform | $41.00 to $45.00 |
| 2015-10-27 | Reiterated Rating | Canaccord Genuity | Hold | $43.00 |
| 2015-10-27 | Boost Price Target | Evercore ISI | Buy | $38.00 to $42.00 |
| 2015-10-20 | Boost Price Target | JMP Securities | $41.00 to $42.00 | |
| 2015-10-19 | Boost Price Target | Deutsche Bank | $40.00 to $41.00 | |
| 2015-09-16 | Lower Price Target | Citigroup Inc. | Neutral | $46.00 to $37.00 |
| 2015-09-15 | Initiated Coverage | JMP Securities | Market Perform | $41.00 |
| 2015-09-10 | Upgrade | Goldman Sachs | Sell to Neutral | $37.00 |
| 2015-09-08 | Lower Price Target | Evercore ISI | Buy | $42.00 to $38.00 |
| 2015-09-08 | Lower Price Target | Evercore Partners Inc. | Buy | $42.00 to $38.00 |
| 2015-07-28 | Reiterated Rating | MLV & Co. | Hold | $42.00 |
| 2015-07-23 | Initiated Coverage | Canaccord Genuity | Hold | $42.00 |
| 2015-06-29 | Lower Price Target | Evercore ISI | $47.00 to $46.00 | |
| 2015-06-09 | Reiterated Rating | Evercore ISI | Buy | $48.00 to $47.00 |
| 2015-04-29 | Reiterated Rating | MLV & Co. | Hold | $46.00 |
| 2015-04-23 | Lower Price Target | Argus | Buy | $46.00 to $45.00 |
| 2015-03-17 | Initiated Coverage | Robert W. Baird | Neutral | $43.00 |
| 2015-02-19 | Downgrade | Hilliard Lyons | Buy to Neutral | |
| 2015-02-18 | Boost Price Target | MLV & Co. | Hold | $43.00 to $46.00 |
| 2015-02-09 | Downgrade | Citigroup Inc. | Buy to Neutral | $42.00 to $46.00 |
| 2015-01-27 | Initiated Coverage | Stifel Nicolaus | Buy | $50.00 |
| 2015-01-26 | Reiterated Rating | Deutsche Bank | Hold | $39.00 to $41.00 |
| 2015-01-15 | Downgrade | Goldman Sachs | Neutral to Sell | $41.00 |
| 2014-10-28 | Reiterated Rating | Deutsche Bank | Hold | $39.00 |
| 2014-10-24 | Downgrade | MLV & Co. | Buy to Hold | |
| 2014-10-23 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $43.00 to $44.00 |
| 2014-10-20 | Reiterated Rating | Deutsche Bank | Hold | $40.00 to $39.00 |
| 2014-07-09 | Boost Price Target | Deutsche Bank | Hold | $36.00 to $40.00 |
| 2014-06-24 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $40.00 to $43.00 |
| 2014-01-27 | Lower Price Target | Deutsche Bank | Hold | $40.00 to $35.00 |
| 2014-01-16 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | $40.00 |
| 2013-10-23 | Lower Price Target | MLV & Co. | Buy | $45.00 to $43.00 |
| 2013-10-22 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $42.00 to $40.00 |
| 2013-10-07 | Lower Price Target | MLV & Co. | Buy | $50.00 to $45.00 |
| 2013-07-22 | Upgrade | MLV & Co | Hold to Buy | $48 to $50 |
| 2013-04-25 | Reiterated | MLV & Co | Hold | $50 to $48 |
| 2013-02-14 | Reiterated | MLV & Co | Hold | $48 to $50 |
| 2012-10-09 | Initiated | MLV & Co | Hold | $48 |
| 2012-07-12 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | $48 |
| 2012-02-27 | Upgrade | Argus | Hold to Buy | $46 |
| 2011-03-25 | Upgrade | Robert W. Baird | Neutral to Outperform | $34 to $36 |
| 2010-11-02 | Downgrade | Robert W. Baird | Outperform to Neutral | $33 to $34 |
| 2010-10-27 | Downgrade | Argus | Buy to Hold | |
| 2010-09-02 | Initiated | Hilliard Lyons | Neutral | |
| 2010-07-29 | Reiterated | UBS | Neutral | $28 to $29 |
| 2010-02-22 | Upgrade | Argus | Hold to Buy | $32 |
| 2009-10-28 | Initiated | Morgan Keegan | Outperform | |
| 2009-02-19 | Reiterated | KeyBanc Capital Mkts | Buy | $29 to $25 |
| 2009-02-18 | Upgrade | Citigroup | Sell to Hold | $18 |
| 2008-10-30 | Upgrade | Deutsche Securities | Sell to Hold | |
| 2008-10-24 | Upgrade | Robert W. Baird | Neutral to Outperform | $28 |
| 2016-07-11 | Reiterated Rating | Canaccord Genuity | Buy | $49.00 to $56.00 |
| 2016-07-07 | Boost Price Target | Citigroup Inc. | Neutral | $45.00 to $52.00 |
| 2016-07-01 | Downgrade | Hilliard Lyons | Neutral to Underperform | |
| 2016-06-23 | Initiated Coverage | FBR & Co. | Outperform | $54.00 |
| 2016-06-23 | Initiated Coverage | FBR & Co | Outperform | $54.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ACC 69 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Fund Advisors | 7.01M |
| BlackRock Institutional Trust Company, N.A. | 5.63M |
| Shinko Asset Management Co., Ltd. | 4.13M |
| GOLDMAN SACHS GROUP INC | 3.01M |
| WADDELL & REED FINANCIAL INC | 1.04M |
| BlackRock Group LTD | 0.99M |
| MANAGED ACCOUNT ADVISORS LLC | 0.63M |
| TEACHERS ADVISORS INC | 0.56M |
| BlackRock Investment Management, LLC | 0.49M |
| RUSSELL FRANK CO/ | 0.45M |
| PIONEER INVESTMENT MANAGEMENT INC | 0.42M |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0.39M |
| TIAA CREF INVESTMENT MANAGEMENT LLC | 0.27M |
| Cornerstone Real Estate Advisers LLC | 0.27M |
| DELTA LLOYD NV | 0.23M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| Bayless William C Jr President and CEO | 0.31% (323556) | ACC / |
| Graf Jonathan Albert Executive VP and CFO | 0.13% (132026) | ACC / |
| Dowell Greg A Sr. Executive VP and COO | 0.09% (95582) | ACC / INN / |
| Talbot William W. Executive VP, Investments | 0.09% (89788) | ACC / |
| Hopke James Clarence Jr EVP, Proj Mgmt & Construction | 0.07% (77794) | ACC / |
| Perry Daniel Executive VP, Capital Markets | 0.06% (67165) | ACC / |
| Beese Jennifer E.V.P, Operation & Leasing | 0.04% (45547) | ACC / |
| de Cardenas Jorge EVP & Chief Technology Officer | 0.04% (43728) | ACC / |
| Voss Kim K Executive V.P. & Controller | 0.03% (34194) | ACC / |
| LOWENTHAL EDWARD | 0.03% (32896) | ACC / OHI / REIS / |
| Wilhelm James E III EVP PublicPrivate Transactions | 0.03% (32309) | ACC / |
| Burck R D | 0.02% (24218) | ACC / |
| Winger Brian N Senior V.P. - Transactions | 0.02% (18989) | ACC / |
| Donnell Cydney | 0.02% (18983) | ACC / PEB / |
| Rippel John T | 0.01% (15000) | ACC / |
| DAWSON G STEVEN | 0.01% (13289) | ACC / IFMI / MPW / |
| Luck Oliver | 0.01% (11447) | ACC / |
| Wills Jason R SVP On Campus Development | 0.01% (11060) | ACC / |
| Oles Patrick | 0.01% (8454) | ACC / |
| LOPEZ DENNIS G | 0.01% (7368) | ACC / |
| WALKER WINSTON W | 0.01% (5900) | ACC / CBL / |
UM