MQS Management LLC Purchases New Holdings in Acadia Realty Trust $AKR

MQS Management LLC acquired a new position in Acadia Realty Trust (NYSE:AKR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,071 shares of the real estate investment trust’s stock, valued at approximately $518,000.

Other large investors have also modified their holdings of the company. Legal & General Group Plc boosted its holdings in Acadia Realty Trust by 13.6% during the 4th quarter. Legal & General Group Plc now owns 1,884,310 shares of the real estate investment trust’s stock valued at $38,704,000 after acquiring an additional 226,124 shares during the period. AlphaQuest LLC increased its stake in Acadia Realty Trust by 326.4% in the fourth quarter. AlphaQuest LLC now owns 86,348 shares of the real estate investment trust’s stock worth $1,774,000 after purchasing an additional 66,099 shares during the period. SG Americas Securities LLC increased its stake in Acadia Realty Trust by 15,825.5% in the fourth quarter. SG Americas Securities LLC now owns 1,254,292 shares of the real estate investment trust’s stock worth $25,763,000 after purchasing an additional 1,246,416 shares during the period. Strs Ohio lifted its position in shares of Acadia Realty Trust by 421.7% during the fourth quarter. Strs Ohio now owns 125,200 shares of the real estate investment trust’s stock worth $2,572,000 after purchasing an additional 101,200 shares during the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of Acadia Realty Trust during the fourth quarter worth $1,122,000. Hedge funds and other institutional investors own 97.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AKR. KeyCorp reiterated a “sector weight” rating on shares of Acadia Realty Trust in a report on Monday, June 15th. 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 research note on Friday, March 20th. 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 on the stock in a research report on Thursday, April 30th. Zacks Research raised shares of Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. 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. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Acadia Realty Trust has an average rating of “Moderate Buy” and an average price target of $23.50.

Acadia Realty Trust Price Performance

AKR opened at $20.91 on Wednesday. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 69.72 and a beta of 1.10. 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 12-month low of $18.04 and a 12-month high of $22.90. The business’s fifty day simple moving average is $21.62 and its 200-day simple moving average is $20.84.

Acadia Realty Trust (NYSE:AKR) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $102.99 million during the quarter, compared to the consensus estimate of $94.21 million. During the same period in the previous year, the company posted $0.34 earnings per share. The firm’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, equities research analysts anticipate that Acadia Realty Trust will post 1.24 earnings per share for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.8%. Acadia Realty Trust’s payout ratio is currently 266.67%.

Insider Buying and Selling at Acadia Realty Trust

In other news, EVP Reginald Livingston sold 25,000 shares of the stock in a transaction that occurred on 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 trade represents a 72.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.