FJ Capital Management LLC Has $5.09 Million Stock Holdings in Acadia Realty Trust $AKR

FJ Capital Management LLC boosted its stake in shares of Acadia Realty Trust (NYSE:AKR) by 20.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 247,622 shares of the real estate investment trust’s stock after buying an additional 42,413 shares during the period. FJ Capital Management LLC’s holdings in Acadia Realty Trust were worth $5,086,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. grew its stake in shares of Acadia Realty Trust by 32.8% during the 2nd quarter. Osaic Holdings Inc. now owns 2,213 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 547 shares in the last quarter. Danske Bank A S grew its stake in shares of Acadia Realty Trust by 600.0% during the 4th quarter. Danske Bank A S now owns 2,100 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 1,800 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Acadia Realty Trust during the 2nd quarter worth approximately $47,000. EverSource Wealth Advisors LLC grew its stake in shares of Acadia Realty Trust by 342.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,984 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 2,309 shares in the last quarter. Finally, Covestor Ltd grew its stake in shares of Acadia Realty Trust by 62,000.0% during the 4th quarter. Covestor Ltd now owns 3,726 shares of the real estate investment trust’s stock worth $77,000 after acquiring an additional 3,720 shares in the last quarter. 97.65% of the stock is currently owned by institutional investors and hedge funds.

Acadia Realty Trust Trading Up 0.3%

Shares of Acadia Realty Trust stock opened at $22.04 on Friday. The business has a fifty day simple moving average of $21.38 and a two-hundred day simple moving average of $20.72. Acadia Realty Trust has a 1 year low of $18.04 and a 1 year high of $22.90. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 73.48, a P/E/G ratio of 2.22 and a beta of 1.10. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.17 and a quick ratio of 1.17.

Acadia Realty Trust (NYSE:AKR) last posted its earnings results on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share 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 company had revenue of $102.99 million during the quarter, compared to the consensus estimate of $94.21 million. During the same quarter last year, the firm earned $0.34 earnings per share. The company’s revenue 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. Research analysts forecast that Acadia Realty Trust will post 1.23 EPS for the current year.

Acadia Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. Acadia Realty Trust’s dividend payout ratio (DPR) is currently 266.67%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on AKR shares. Truist Financial raised their target price on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. JPMorgan Chase & Co. raised their target price on shares of Acadia Realty Trust from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, March 20th. Citigroup raised their target price on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. LADENBURG THALM/SH SH raised shares of Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Thursday, April 30th. Finally, Wall Street Zen raised shares of Acadia Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

Insider Buying and Selling at Acadia Realty Trust

In other news, EVP Reginald Livingston sold 25,000 shares of Acadia Realty Trust stock in a transaction on 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. This trade represents a 72.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.11% of the company’s stock.

Acadia Realty Trust 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.