American Campus Communities, Inc. (ACC)’s President James Hopke Unloaded 8,000 Shares of the Company; Rivulet Capital Has Cut By $12.25 Million Its Evertec (EVTC) Stake

June 18, 2018 - By Marie Mckinney

American Campus Communities, Inc. (NYSE:ACC) Logo

Rivulet Capital Llc decreased Evertec Inc (EVTC) stake by 16.98% reported in 2018Q1 SEC filing. Rivulet Capital Llc sold 765,382 shares as Evertec Inc (EVTC)’s stock rose 32.72%. The Rivulet Capital Llc holds 3.74M shares with $61.18 million value, down from 4.51M last quarter. Evertec Inc now has $1.58B valuation. It closed at $22.6 lastly. It is down 31.52% since June 18, 2017 and is uptrending. It has outperformed by 18.95% the S&P500. Some Historical EVTC News: ; 01/05/2018 – EVERTEC SEES FY ADJ EPS $1.51 TO $1.66, EST. $1.37; 05/03/2018 S&P REVISES EVERTEC GROUP LLC OUTLOOK TO ‘STABLE’ FROM CREDIT WATCH ‘NEGATIVE’; RATING ‘B+’; 01/05/2018 – EVERTEC 1Q REV. $110.3M, EST. $102.0M; 02/04/2018 – Fidelity Select Electronics Exits Evertec, Cuts Broadcom; 04/04/2018 – Argentina’s Prisma piques Evertec’s interest; 01/05/2018 – Evertec 1Q EPS 31c; 01/05/2018 – Evertec 1Q Rev $110.2M; 01/05/2018 – Evertec Sees 2018 EPS $1.51-EPS $1.66; 04/04/2018 – Argentina’s Prisma piques Evertec’s interest, sources say [20:47 BST04 Apr 2018] [Proprietary] []; 04/05/2018 – Pzena Investment Buys New 2.2% Position in Evertec




Analysts await American Campus Communities, Inc. (NYSE:ACC) to report earnings on July, 23. They expect $0.55 EPS, up 3.77% or $0.02 from last year’s $0.53 per share. ACC’s profit will be $75.38M for 19.49 P/E if the $0.55 EPS becomes a reality. After $0.62 actual EPS reported by American Campus Communities, Inc. for the previous quarter, Wall Street now forecasts -11.29% negative EPS growth.

Since March 23, 2018, it had 1 insider buy, and 0 insider sales for $182,500 activity. $182,500 worth of American Campus Communities, Inc. (NYSE:ACC) shares were bought by Rippel John T.

Among 18 analysts covering American Campus Communities (NYSE:ACC), 9 have Buy rating, 4 Sell and 5 Hold. Therefore 50% are positive. American Campus Communities has $5600 highest and $37 lowest target. $45.30’s average target is 5.64% above currents $42.88 stock price. American Campus Communities had 56 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Hold” rating given on Wednesday, May 4 by Argus Research. As per Wednesday, November 18, the company rating was maintained by Deutsche Bank. The company was maintained on Friday, September 22 by KeyBanc Capital Markets. The stock has “Long-Term Buy” rating by Hilliard Lyons on Thursday, February 22. The firm has “Buy” rating given on Thursday, October 26 by Argus Research. The company was maintained on Tuesday, October 31 by Robert W. Baird. The rating was maintained by Sandler O’Neill on Monday, February 26 with “Buy”. The rating was initiated by Canaccord Genuity with “Hold” on Thursday, July 23. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Hold” rating given on Monday, July 18 by Deutsche Bank. The stock has “Mkt Perform” rating by JMP Securities on Tuesday, September 15.

James Hopke is the President of American Campus Communities Inc. He recently made a sale of 8,000 shares in the Texas-based American Campus Communities Inc with the deal value amounting to close to $346,400 U.S. Dollars. This number is according to the reported price of $43.3 for a share. James Hopke now has 69,794 shares of the Company.

More news for American Campus Communities, Inc. (NYSE:ACC) were recently published by: Benzinga.com, which released: “Benzinga’s Top Upgrades, Downgrades For June 14, 2018” on June 14, 2018. Businesswire.com‘s article titled: “American Campus Communities Announces Second Quarter Earnings Release and Conference Call” and published on June 08, 2018 is yet another important article.

The stock increased 0.37% or $0.16 during the last trading session, reaching $42.88. About 543,196 shares traded. American Campus Communities, Inc. (NYSE:ACC) has declined 19.76% since June 18, 2017 and is downtrending. It has underperformed by 32.33% the S&P500. Some Historical ACC News: ; 08/03/2018 – American Campus Communities Appoints John T. Rippel to Bd of Directors; 15/05/2018 – Brookfield Asset Mgmt Inc. Exits Position in American Campus; 02/05/2018 – AMERICAN CAMPUS BOOSTS DIV TO 46C-SHR FROM 44C, EST. 46C; 19/04/2018 – DJ American Campus Communities Inc, Inst Holders, 1Q 2018 (ACC); 23/04/2018 – AMERICAN CAMPUS COMMUNITIES – EXECUTED NON-BINDING TERM SHEET, IN FINAL NEGOTIATIONS FOR SALE OF MINORITY INTEREST IN A PORTFOLIO OF OWNED CORE ASSETS; 23/04/2018 – Amer Campus Communities 1Q EPS 18c; 10/04/2018 – American Campus Communities Honored with Five Innovator Awards at the Annual Interface Student Housing Conference; 23/04/2018 – AMERICAN CAMPUS COMMUNITIES INC ACC.N FY2018 FFO SHR VIEW $2.37 — THOMSON REUTERS l/B/E/S; 23/04/2018 – AMERICAN CAMPUS COMMUNITIES INC ACC.N SEES FY 2018 FFO SHR $2.51 TO $2.60; 23/04/2018 – AMERICAN CAMPUS 1Q REV. $220.4M, EST. $209.8M

American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company has market cap of $5.88 billion. The firm is a fully integrated, self-managed and self-administered equity real estate investment trust with expertise in the design, finance, development, construction management and operational management of student housing properties. It has a 99.03 P/E ratio. As of September 30, 2017, American Campus Communities owned 166 student housing properties containing approximately 102,500 beds.

Investors sentiment increased to 1.62 in Q1 2018. Its up 0.26, from 1.36 in 2017Q4. It improved, as 22 investors sold American Campus Communities, Inc. shares while 76 reduced holdings. 43 funds opened positions while 116 raised stakes. 128.74 million shares or 4.65% less from 135.03 million shares in 2017Q4 were reported. Bb&T Corporation invested 0.01% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). Pnc Financial Ser Grp invested in 6,766 shares. Waddell And Reed Finance has 261,137 shares for 0.02% of their portfolio. Amica Mutual Ins Com holds 0.31% or 63,846 shares in its portfolio. Moreover, American Gp Inc has 0.04% invested in American Campus Communities, Inc. (NYSE:ACC). Natixis Advsrs Lp accumulated 169,110 shares or 0.06% of the stock. Mesirow Financial Investment holds 0.18% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 46,180 shares. Sumitomo Mitsui Asset Management Company stated it has 0% in American Campus Communities, Inc. (NYSE:ACC). California-based Schwab Charles Invest Mngmt has invested 0.05% in American Campus Communities, Inc. (NYSE:ACC). Schroder Mngmt Group holds 0% or 16,387 shares in its portfolio. Citigroup Inc, a New York-based fund reported 261,170 shares. Exane Derivatives has 49 shares for 0% of their portfolio. Moreover, Global X Mgmt Co Ltd Liability Company has 0% invested in American Campus Communities, Inc. (NYSE:ACC). Apg Asset Mgmt Us holds 0.8% or 2.43 million shares in its portfolio. Barclays Public Ltd Company stated it has 164,156 shares.

Among 10 analysts covering Evertec (NYSE:EVTC), 2 have Buy rating, 0 Sell and 8 Hold. Therefore 20% are positive. Evertec had 30 analyst reports since August 14, 2015 according to SRatingsIntel. On Monday, December 5 the stock rating was downgraded by Cowen & Co to “Market Perform”. On Wednesday, May 2 the stock rating was upgraded by JP Morgan to “Neutral”. The company was maintained on Thursday, February 22 by Stifel Nicolaus. As per Friday, March 2, the company rating was maintained by Cowen & Co. Compass Point initiated the shares of EVTC in report on Thursday, February 25 with “Buy” rating. The stock of EVERTEC, Inc. (NYSE:EVTC) has “Hold” rating given on Tuesday, September 26 by Stifel Nicolaus. The rating was downgraded by Compass Point to “Neutral” on Thursday, January 12. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, February 22. The rating was initiated by Compass Point on Friday, April 15 with “Buy”. Cowen & Co initiated EVERTEC, Inc. (NYSE:EVTC) on Wednesday, September 30 with “Outperform” rating.

Another recent and important EVERTEC, Inc. (NYSE:EVTC) news was published by Businesswire.com which published an article titled: “EVERTEC Launches Functionality for Non-Profits on ATH Móvil®” on June 13, 2018.

EVERTEC, Inc. (NYSE:EVTC) Institutional Positions Chart

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