Acadia Realty Trust (NYSE:AKR) EVP Reginald Livingston Sells 25,000 Shares

Key Points

• EVP Reginald Livingston sold 25,000 shares on May 6 at an average price of $22.12 for roughly $553,000, cutting his holding by 72.62% to 9,426 shares (about $208,503 remaining).
• The REIT beat Q1 estimates with $0.22 EPS vs. $0.05 and $103M in revenue, set FY2026 guidance of 1.220–1.260 EPS, and the stock trades around $21.94 with a 52‑week range of $18.04–$22.36 and a P/E of 73.12.
• Acadia pays a $0.20 quarterly dividend (3.6% yield) but with a very high payout ratio (266.67%), and analysts are mixed while the consensus rating is a Moderate Buy with a $23 price target.

Acadia Realty Trust (NYSE:AKR - Get Free Report) EVP Reginald Livingston sold 25,000 shares of the 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 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Acadia Realty Trust Trading Down 1.0%

NYSE AKR traded down $0.22 on Thursday, hitting $21.94. The company's stock had a trading volume of 630,433 shares, compared to its average volume of 1,253,277. Acadia Realty Trust has a 52-week low of $18.04 and a 52-week high of $22.36. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.61. The company's 50-day simple moving average is $20.50 and its 200 day simple moving average is $20.33. The firm has a market cap of $2.93 billion, a P/E ratio of 73.12, a PEG ratio of 2.20 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share for the quarter, topping 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 business had revenue of $102.99 million during the quarter, compared to analysts' expectations of $94.21 million. During the same quarter last year, the business posted $0.34 EPS. The business'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 predict that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.

Acadia Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.20 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.80 annualized dividend and a yield of 3.6%. Acadia Realty Trust's dividend payout ratio (DPR) is 266.67%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings upgraded Acadia Realty Trust from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday. LADENBURG THALM/SH SH upgraded Acadia Realty Trust from a "neutral" rating to a "buy" rating and set a $24.00 price objective for the company in a report on Thursday, April 30th. Wall Street Zen upgraded Acadia Realty Trust from a "sell" rating to a "hold" rating in a research note on Saturday, May 2nd. Zacks Research upgraded Acadia Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, March 23rd. Finally, Citigroup raised 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 Wednesday, February 18th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $23.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Acadia Realty Trust by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 19,939,618 shares of the real estate investment trust's stock valued at $401,783,000 after purchasing an additional 114,473 shares during the period. State Street Corp lifted its stake in shares of Acadia Realty Trust by 9.3% in the 2nd quarter. State Street Corp now owns 7,450,026 shares of the real estate investment trust's stock valued at $139,802,000 after purchasing an additional 632,722 shares during the period. Massachusetts Financial Services Co. MA raised its stake in Acadia Realty Trust by 74.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,572,852 shares of the real estate investment trust's stock valued at $114,466,000 after buying an additional 2,370,553 shares during the last quarter. Engineers Gate Manager LP raised its stake in Acadia Realty Trust by 23.6% during the fourth quarter. Engineers Gate Manager LP now owns 3,755,928 shares of the real estate investment trust's stock valued at $77,147,000 after buying an additional 717,826 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Acadia Realty Trust by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 3,392,747 shares of the real estate investment trust's stock valued at $69,698,000 after buying an additional 10,648 shares during the last quarter. Hedge funds and other institutional investors own 97.65% of the company's stock.

About Acadia Realty Trust

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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