Acadia Realty Trust $AKR Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lowered its holdings in Acadia Realty Trust (NYSE:AKR) by 16.2% in the first quarter, HoldingsChannel reports. The firm owned 1,050,584 shares of the real estate investment trust’s stock after selling 203,708 shares during the period. SG Americas Securities LLC’s holdings in Acadia Realty Trust were worth $20,087,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AKR. Osaic Holdings Inc. increased its stake in shares of Acadia Realty Trust by 32.8% in the second quarter. Osaic Holdings Inc. now owns 2,213 shares of the real estate investment trust’s stock worth $41,000 after buying an additional 547 shares during the last quarter. Danske Bank A S increased its stake in Acadia Realty Trust by 600.0% during the fourth quarter. Danske Bank A S now owns 2,100 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,800 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Acadia Realty Trust during the second quarter worth about $47,000. EverSource Wealth Advisors LLC raised its position 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 purchasing an additional 2,309 shares during the period. Finally, Covestor Ltd lifted its stake in Acadia Realty Trust by 62,000.0% in the fourth quarter. Covestor Ltd now owns 3,726 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 3,720 shares during the last quarter. Institutional investors and hedge funds own 97.65% of the company’s stock.

Acadia Realty Trust Price Performance

Shares of Acadia Realty Trust stock opened at $21.80 on Thursday. 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 has a 1-year low of $18.04 and a 1-year high of $22.90. The firm has a fifty day simple moving average of $21.61 and a 200-day simple moving average of $20.79. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of 72.68 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR) last announced its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.17. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The business had revenue of $102.99 million for the quarter, compared to the consensus estimate of $94.21 million. During the same quarter last year, the company posted $0.34 earnings per share. Acadia Realty Trust’s quarterly 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. On average, sell-side analysts expect that Acadia Realty Trust will post 1.23 earnings per share for the current year.

Acadia Realty Trust Dividend Announcement

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%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Truist Financial lifted their target price on 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. increased their price target on Acadia Realty Trust from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Friday, March 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research note on Monday, June 15th. Zacks Research raised Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. Finally, 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 for the company in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $23.50.

Insider Transactions at Acadia Realty Trust

In other news, EVP Reginald Livingston sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was 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 of the company’s stock, valued at $208,503.12. The trade was a 72.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.11% of the stock is owned by corporate insiders.

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.