Acadia Realty Trust $AKR Shares Sold by Strs Ohio

Strs Ohio cut its stake in shares of Acadia Realty Trust (NYSE:AKR) by 61.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 48,400 shares of the real estate investment trust’s stock after selling 76,800 shares during the period. Strs Ohio’s holdings in Acadia Realty Trust were worth $925,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State Street Corp increased its stake in shares of Acadia Realty Trust by 9.3% during the second quarter. State Street Corp now owns 7,450,026 shares of the real estate investment trust’s stock worth $139,802,000 after purchasing an additional 632,722 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Acadia Realty Trust by 74.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,572,852 shares of the real estate investment trust’s stock worth $114,466,000 after acquiring an additional 2,370,553 shares during the last quarter. Engineers Gate Manager LP increased its position in shares of Acadia Realty Trust by 23.6% during the fourth quarter. Engineers Gate Manager LP now owns 3,755,928 shares of the real estate investment trust’s stock worth $77,147,000 after purchasing an additional 717,826 shares in the last quarter. Geode Capital Management LLC raised its stake in Acadia Realty Trust by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 3,392,747 shares of the real estate investment trust’s stock valued at $69,698,000 after purchasing an additional 10,648 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its stake in Acadia Realty Trust by 15.2% in the 4th quarter. Alyeska Investment Group L.P. now owns 3,351,880 shares of the real estate investment trust’s stock valued at $68,848,000 after purchasing an additional 442,209 shares during the last quarter. 97.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AKR. Jefferies Financial Group raised shares of Acadia Realty Trust to a “strong-buy” rating in a research note on Friday, June 26th. LADENBURG THALM/SH SH upgraded shares of Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, April 30th. Weiss Ratings raised Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. increased their target price on Acadia Realty Trust from $21.00 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Acadia Realty Trust currently has a consensus rating of “Moderate Buy” and an average target price of $23.50.

Insiders Place Their Bets

In other Acadia Realty Trust news, EVP Reginald Livingston sold 25,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $22.12, for a total transaction of $553,000.00. Following the completion of the sale, the executive vice president owned 9,426 shares of the company’s stock, valued at approximately $208,503.12. The trade was a 72.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.11% of the company’s stock.

Acadia Realty Trust Price Performance

AKR stock opened at $21.39 on Wednesday. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 71.32 and a beta of 1.10. The stock’s fifty day simple moving average is $21.65 and its 200-day simple moving average is $20.88. Acadia Realty Trust has a 52-week low of $18.04 and a 52-week high of $22.90. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.61.

Acadia Realty Trust (NYSE:AKR) last posted its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.22 EPS for the quarter, beating the consensus estimate of $0.05 by $0.17. The company had revenue of $102.99 million during the quarter, compared to analysts’ expectations of $94.21 million. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.The firm’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 EPS. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. Equities research analysts expect that Acadia Realty Trust will post 1.24 EPS for the current year.

Acadia Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio (DPR) is 266.67%.

Acadia Realty Trust Company Profile

Acadia Realty Trust (NYSE: AKR) is a Maryland real estate investment trust (REIT) that focuses on the acquisition, development, ownership and operation of grocery-anchored and necessity-based shopping centers. The company targets retail properties that serve densely populated urban and suburban markets and typically feature essential tenants such as supermarkets, drugstores, fitness centers and other service-oriented retailers. As a self-managed REIT, Acadia oversees leasing, property management, financing and construction activities through its in-house platform.

Acadia’s portfolio is diversified across property types and lease structures, with an emphasis on sites that benefit from long-term consumer traffic and resilient tenancy.