FJ Capital Management LLC Acquires 42,413 Shares of Acadia Realty Trust $AKR

FJ Capital Management LLC raised its holdings in Acadia Realty Trust (NYSE:AKR) by 20.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 247,622 shares of the real estate investment trust’s stock after buying an additional 42,413 shares during the quarter. FJ Capital Management LLC owned 0.19% of Acadia Realty Trust worth $5,086,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of AKR. Royal Bank of Canada increased its holdings in Acadia Realty Trust by 83.2% in the 1st 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Acadia Realty Trust by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,734 shares of the real estate investment trust’s stock valued at $1,461,000 after buying an additional 3,045 shares during the period. Millennium Management LLC increased its holdings in Acadia Realty Trust by 31.1% in the 1st quarter. Millennium Management LLC now owns 811,139 shares of the real estate investment trust’s stock valued at $16,993,000 after buying an additional 192,267 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in 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 buying an additional 82,974 shares during the period. Finally, Jane Street Group LLC bought a new stake in Acadia Realty Trust in the 1st quarter valued at $1,284,000. Institutional investors own 97.65% of the company’s stock.

Acadia Realty Trust Stock Up 0.3%

Shares of NYSE AKR opened at $22.04 on Friday. The firm’s 50-day simple moving average is $21.38 and its 200 day simple moving average is $20.72. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 73.48, a price-to-earnings-growth ratio of 2.22 and a beta of 1.10. 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 has a 12-month low of $18.04 and a 12-month high of $22.90.

Acadia Realty Trust (NYSE:AKR) last issued its quarterly earnings results 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. The business had revenue of $102.99 million for the quarter, compared to the consensus estimate of $94.21 million. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 EPS. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. On average, research analysts expect that Acadia Realty Trust will post 1.23 earnings per share for the current fiscal year.

Acadia Realty Trust Announces Dividend

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

Insider Transactions at Acadia Realty Trust

In other Acadia Realty Trust news, EVP Reginald Livingston sold 25,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $22.12, for a total transaction of $553,000.00. Following the transaction, the executive vice president directly owned 9,426 shares in the company, valued at approximately $208,503.12. This represents a 72.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Citigroup boosted their price target on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Zacks Research raised shares of Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. JPMorgan Chase & Co. upped their target price on shares of Acadia Realty Trust from $21.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. Finally, Truist Financial upped their target price on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $23.50.

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.