NEW YORK ( TheStreet) -- American Campus Communities (NYSE: ACC) hit a new 52-week high Wednesday as it traded at $33.80 compared with its previous 52-Week high of $33.63. American Campus is changing hands at $33.27 with 34,198 shares traded as of 9:36 a.m. ET. Average volume has been 460,800 shares over the past 30 days. American Campus has a market cap of $2.2 billion and is part of the financial sector and real estate industry. Shares are up 1.9% year to date as of the close of trading on Tuesday.

Operates as a self-administered REIT that acquires, designs, finances, develops, manages the construction of, leases, and manages student housing properties. As of Dec. 31, 2005, its total owned and managed portfolio included 42 properties that represented apx. 27,100 beds in about 9,700 units. The company has a P/E ratio of 108.5, below the average real estate industry P/E ratio of 191.5 and above the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates American Campus as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full American Campus Ratings Report.

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