AlphaQuest LLC Has $1.77 Million Holdings in Acadia Realty Trust $AKR

Key Points

• AlphaQuest LLC increased its stake in Acadia Realty Trust by 326.4% in the fourth quarter, ending with 86,348 shares valued at about $1.77 million.
• Acadia Realty Trust reported better-than-expected quarterly earnings of $0.22 per share versus the $0.05 consensus estimate, while revenue came in at $102.99 million. The company also issued FY 2026 EPS guidance of 1.220-1.260.
• The REIT announced a quarterly dividend of $0.20 per share, payable July 15, which works out to an annualized yield of about 3.6%. Analysts currently rate the stock a Moderate Buy with an average target price of $23.00.

AlphaQuest LLC boosted its holdings in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 326.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 86,348 shares of the real estate investment trust's stock after acquiring an additional 66,099 shares during the quarter. AlphaQuest LLC owned 0.07% of Acadia Realty Trust worth $1,774,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Legal & General Group Plc boosted its position 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 worth $38,704,000 after acquiring an additional 226,124 shares during the period. New Age Alpha Advisors LLC raised its stake in shares of Acadia Realty Trust by 230.1% during the 4th quarter. New Age Alpha Advisors LLC now owns 18,997 shares of the real estate investment trust's stock worth $390,000 after purchasing an additional 13,242 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Acadia Realty Trust by 72.0% during the 4th quarter. Hantz Financial Services Inc. now owns 4,509 shares of the real estate investment trust's stock worth $93,000 after purchasing an additional 1,887 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Acadia Realty Trust during the 4th quarter worth about $205,000. Finally, Covestor Ltd raised 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 purchasing 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 Stock Up 0.0%

Shares of AKR stock opened at $22.35 on Thursday. The stock's 50 day simple moving average is $20.76 and its 200 day simple moving average is $20.55. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.17 and a current ratio of 1.17. Acadia Realty Trust has a twelve month low of $18.04 and a twelve month high of $22.43. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 74.50, a PEG ratio of 2.23 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share for the quarter, beating 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 business had revenue of $102.99 million for the quarter, compared to the consensus estimate of $94.21 million. During the same period last year, the business earned $0.34 EPS. The firm's revenue was down 1.4% compared to the same quarter last year. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. As a group, research analysts predict that Acadia Realty Trust will post 1.24 EPS for the current year.

Acadia Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Acadia Realty Trust's dividend payout ratio (DPR) is presently 266.67%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AKR shares. Zacks Research raised Acadia Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, March 23rd. Weiss Ratings raised Acadia Realty Trust from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, May 4th. JPMorgan Chase & Co. raised their price target on Acadia Realty Trust from $21.00 to $22.00 and gave the stock a "neutral" rating in a research note on Friday, March 20th. Citigroup raised their price target on Acadia Realty Trust from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Finally, LADENBURG THALM/SH SH raised Acadia Realty Trust from a "neutral" rating to a "buy" rating and set a $24.00 price target for the company in a research note on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $23.00.

Insider Buying and Selling at Acadia Realty Trust

In related news, EVP Reginald Livingston sold 25,000 shares of the firm'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 approximately $208,503.12. This trade represents a 72.62% decrease in their position. The sale was disclosed in a legal filing 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.

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