Large Inflow of Money Detected in American Campus Communities Inc

American Campus Communities Inc (ACC) stock had a bullish inflow of $18.87 million worth of trades on uptick and an outflow of $5.12 million in downticks on Monday. The total uptick to downtick ratio stood at 3.68. The net money flow into the stock was $13.75 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $13.08 million. $13.08 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, American Campus Communities Inc (ACC) stock traded down $0.29 , and reached $51.4, a drop of -0.56% over the previous day. On a weekly basis, the stock is -3.11%, over the previous weeks close.


American Campus Communities, Inc. has dropped 1.4% in the last five trading days, however, the shares have posted positive gains of 0.04% in the last 4 weeks. American Campus Communities, Inc. is up 8.87% in the last 3-month period. Year-to-Date the stock performance stands at 27.64%.

American Campus Communities Inc (NYSE:ACC): The stock opened at $51.77 on Monday but the bulls could not build on the opening and the stock topped out at $52.03 for the day. The stock traded down to $51.31 during the day, due to lack of any buying support eventually closed down at $51.40 with a loss of -0.56% for the day. The stock had closed at $51.69 on the previous day. The total traded volume was 914,858 shares.

In a related news, The officer (EVP PublicPrivate Transactions), of American Campus Communities Inc, Wilhelm James E Iii had unloaded 9,828 shares at $52.76 per share in a transaction on August 8, 2016. The total value of transaction was $518,525. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.

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