Acadia Realty Trust $AKR Holdings Raised by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its stake in Acadia Realty Trust (NYSE:AKRFree Report) by 22.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 217,339 shares of the real estate investment trust’s stock after purchasing an additional 39,212 shares during the quarter. Hsbc Holdings PLC’s holdings in Acadia Realty Trust were worth $4,464,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in Acadia Realty Trust by 83.2% during the first quarter. Royal Bank of Canada now owns 42,246 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 19,184 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Acadia Realty Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,734 shares of the real estate investment trust’s stock worth $1,461,000 after acquiring an additional 3,045 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Acadia Realty Trust by 31.1% during the first quarter. Millennium Management LLC now owns 811,139 shares of the real estate investment trust’s stock valued at $16,993,000 after acquiring an additional 192,267 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Acadia Realty Trust by 11.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 818,397 shares of the real estate investment trust’s stock valued at $17,145,000 after acquiring an additional 82,974 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Acadia Realty Trust in the 1st quarter valued at approximately $1,284,000. Hedge funds and other institutional investors own 97.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AKR shares. Truist Financial lifted their price objective on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Wall Street Zen upgraded Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. JPMorgan Chase & Co. raised their target price on Acadia Realty Trust from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, March 20th. Jefferies Financial Group upgraded Acadia Realty Trust to a “strong-buy” rating in a report on Friday. Finally, Weiss Ratings raised Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Acadia Realty Trust presently has an average rating of “Moderate Buy” and an average target price of $23.50.

Read Our Latest Analysis on AKR

Acadia Realty Trust Price Performance

NYSE AKR opened at $21.89 on Friday. The company has a market cap of $2.92 billion, a P/E ratio of 72.96 and a beta of 1.10. The company has a fifty day simple moving average of $21.64 and a 200 day simple moving average of $20.82. Acadia Realty Trust has a 1 year low of $18.04 and a 1 year high of $22.90. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.61.

Acadia Realty Trust (NYSE:AKRGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.17. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.The business had revenue of $102.99 million for the quarter, compared to analyst estimates of $94.21 million. During the same period in the previous year, the company posted $0.34 earnings per share. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. On average, sell-side analysts predict that Acadia Realty Trust will post 1.24 EPS for the current year.

Acadia Realty Trust Announces Dividend

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

Insider Buying and Selling

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 shares were sold at an average price of $22.12, for a total value of $553,000.00. Following the transaction, the executive vice president directly owned 9,426 shares in the company, valued at $208,503.12. The trade was a 72.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.11% of the stock is currently owned by company insiders.

Acadia Realty Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Acadia Realty Trust (NYSE:AKR)

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