TriNet Group, Inc. (TNET) Reaches $53.01 52-Week High; Teachers Insurance & Annuity Association Of America Increased American Campus Cmntys (ACC) Stake

May 22, 2018 - By Winifred Garcia

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

Teachers Insurance & Annuity Association Of America increased American Campus Cmntys Inc (ACC) stake by 11.15% reported in 2017Q4 SEC filing. Teachers Insurance & Annuity Association Of America acquired 14,929 shares as American Campus Cmntys Inc (ACC)’s stock declined 8.24%. The Teachers Insurance & Annuity Association Of America holds 148,817 shares with $6.11M value, up from 133,888 last quarter. American Campus Cmntys Inc now has $5.13B valuation. The stock increased 0.64% or $0.24 during the last trading session, reaching $37.45. About 140,289 shares traded. American Campus Communities, Inc. (NYSE:ACC) has declined 21.71% since May 22, 2017 and is downtrending. It has underperformed by 33.26% the S&P500.

The stock of TriNet Group, Inc. (NYSE:TNET) hit a new 52-week high and has $57.25 target or 8.00% above today’s $53.01 share price. The 7 months bullish chart indicates low risk for the $3.73 billion company. The 1-year high was reported on May, 22 by Barchart.com. If the $57.25 price target is reached, the company will be worth $298.08 million more. The stock decreased 1.36% or $0.73 during the last trading session, reaching $53.01. About 47,358 shares traded. TriNet Group, Inc. (NYSE:TNET) has risen 62.79% since May 22, 2017 and is uptrending. It has outperformed by 51.24% the S&P500.

Analysts await TriNet Group, Inc. (NYSE:TNET) to report earnings on July, 30. They expect $0.60 earnings per share, up 33.33% or $0.15 from last year’s $0.45 per share. TNET’s profit will be $42.17 million for 22.09 P/E if the $0.60 EPS becomes a reality. After $0.71 actual earnings per share reported by TriNet Group, Inc. for the previous quarter, Wall Street now forecasts -15.49% negative EPS growth.

Among 7 analysts covering TriNet Group Inc (NYSE:TNET), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. TriNet Group Inc had 20 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Tuesday, May 1 by Morgan Stanley. The stock of TriNet Group, Inc. (NYSE:TNET) has “Neutral” rating given on Friday, December 9 by JP Morgan. The firm has “Market Perform” rating given on Tuesday, August 4 by William Blair. The stock of TriNet Group, Inc. (NYSE:TNET) earned “Sell” rating by J.P. Morgan on Thursday, August 17. The rating was downgraded by Morgan Stanley on Thursday, August 4 to “Equal-Weight”. The firm has “Buy” rating given on Wednesday, February 28 by Stifel Nicolaus. The firm earned “Equal-Weight” rating on Wednesday, April 4 by Morgan Stanley. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, April 12. JP Morgan downgraded the stock to “Underweight” rating in Thursday, August 17 report. The firm earned “Buy” rating on Wednesday, August 5 by JP Morgan.

TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. The company has market cap of $3.73 billion. The firm offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; local, state, and federal employment and benefit laws; and other services. It has a 21.29 P/E ratio. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality.

More important recent TriNet Group, Inc. (NYSE:TNET) news were published by: Seekingalpha.com which released: “More on TriNet Group Q1” on May 01, 2018, also Streetinsider.com published article titled: “TriNet Group (TNET) Names Olivier Kohler SVP and COO”, Seekingalpha.com published: “Tracking William Von Mueffling’s Cantillon Capital Management Portfolio – Q1 2018 Update” on May 09, 2018. More interesting news about TriNet Group, Inc. (NYSE:TNET) was released by: Globenewswire.com and their article: “TriNet Names Olivier Kohler Senior Vice President and Chief Operations Officer” with publication date: May 07, 2018.

Among 18 analysts covering American Campus Communities (NYSE:ACC), 8 have Buy rating, 4 Sell and 6 Hold. Therefore 44% are positive. American Campus Communities had 55 analyst reports since July 23, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of ACC in report on Wednesday, August 10 with “Hold” rating. As per Thursday, October 26, the company rating was upgraded by Argus Research. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Hold” rating given on Wednesday, November 18 by Deutsche Bank. On Thursday, July 23 the stock rating was initiated by Canaccord Genuity with “Hold”. The stock has “Buy” rating by Robert W. Baird on Monday, September 25. The stock of American Campus Communities, Inc. (NYSE:ACC) has “Buy” rating given on Monday, October 23 by KeyBanc Capital Markets. On Friday, September 23 the stock rating was initiated by CapitalOne with “Equal Weight”. The firm has “Outperform” rating by FBR Capital given on Thursday, June 23. Canaccord Genuity maintained American Campus Communities, Inc. (NYSE:ACC) rating on Wednesday, February 24. Canaccord Genuity has “Buy” rating and $49 target. Bank of America downgraded it to “Hold” rating and $45.0 target in Thursday, October 26 report.

Since March 23, 2018, it had 1 insider purchase, and 0 sales for $182,500 activity. Rippel John T bought $182,500 worth of stock or 5,000 shares.

Investors sentiment increased to 1.36 in 2017 Q4. Its up 0.11, from 1.25 in 2017Q3. It increased, as 32 investors sold ACC shares while 76 reduced holdings. 49 funds opened positions while 98 raised stakes. 135.03 million shares or 0.38% less from 135.54 million shares in 2017Q3 were reported. Macquarie Gru Limited has invested 0% in American Campus Communities, Inc. (NYSE:ACC). Sarasin Ptnrs Ltd Liability Partnership has 162,118 shares for 0.13% of their portfolio. Bb&T Ltd Liability Corporation reported 44,395 shares. Walleye Trading Limited Liability Com stated it has 0% of its portfolio in American Campus Communities, Inc. (NYSE:ACC). First Savings Bank Of Omaha invested in 134,360 shares or 0.32% of the stock. Alpine Woods Limited Liability Co holds 0.06% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 27,520 shares. Sterling Cap Management Ltd Liability holds 0.17% of its portfolio in American Campus Communities, Inc. (NYSE:ACC) for 456,900 shares. Nomura Asset Management Limited invested in 78,980 shares or 0.04% of the stock. 134,792 were accumulated by Westpac Bk. Mufg Americas reported 4,895 shares stake. United Cap Financial Advisers Ltd Liability Company reported 0% in American Campus Communities, Inc. (NYSE:ACC). State Of Tennessee Treasury Department invested in 38,600 shares or 0.01% of the stock. First Quadrant Lp Ca invested in 0.06% or 83,155 shares. Janney Montgomery Scott Ltd, Pennsylvania-based fund reported 8,935 shares. Bb&T has invested 0.01% in American Campus Communities, Inc. (NYSE:ACC).

American Campus Communities, Inc. (NYSE:ACC) Institutional Positions Chart

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