Acadia Realty Trust $AKR Shares Sold by BROOKFIELD Corp ON

BROOKFIELD Corp ON trimmed its position in shares of Acadia Realty Trust (NYSE:AKR) by 44.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 382,528 shares of the real estate investment trust’s stock after selling 304,073 shares during the period. BROOKFIELD Corp ON’s holdings in Acadia Realty Trust were worth $7,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in shares of Acadia Realty Trust by 32.8% during 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 period. Danske Bank A S increased its position in Acadia Realty Trust by 600.0% in the 4th quarter. Danske Bank A S now owns 2,100 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 1,800 shares during the period. Raymond James Financial Inc. acquired a new stake in Acadia Realty Trust in the 2nd quarter valued at approximately $47,000. EverSource Wealth Advisors LLC raised its stake in shares of Acadia Realty Trust by 342.1% during the second quarter. EverSource Wealth Advisors LLC now owns 2,984 shares of the real estate investment trust’s stock valued at $55,000 after purchasing an additional 2,309 shares in the last quarter. Finally, Covestor Ltd raised its position 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 buying an additional 3,720 shares in the last quarter. Institutional investors own 97.65% of the company’s stock.

Acadia Realty Trust Stock Performance

Shares of Acadia Realty Trust stock opened at $22.37 on Monday. Acadia Realty Trust has a 12 month low of $18.14 and a 12 month high of $22.90. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.61. The stock has a market cap of $2.99 billion, a PE ratio of 74.56 and a beta of 1.10. The business has a fifty day simple moving average of $21.73 and a 200-day simple moving average of $20.99.

Acadia Realty Trust (NYSE:AKR) last posted its quarterly earnings results 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. The firm had revenue of $102.99 million for the quarter, compared to analyst estimates of $94.21 million. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.Acadia Realty Trust’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.34 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. On average, sell-side analysts anticipate that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given 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 was Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio is 266.67%.

Insider Activity 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 shares were sold at an average price of $22.12, for a total transaction of $553,000.00. Following the completion of the sale, 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 SEC, which can be accessed through the SEC website. Corporate insiders own 3.11% of the company’s stock.

Analyst Upgrades and Downgrades

AKR has been the topic of a number of research reports. Wall Street Zen raised Acadia Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. KeyCorp reissued a “sector weight” rating on shares of Acadia Realty Trust in a research note on Monday, June 15th. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 14th. Jefferies Financial Group upgraded shares of Acadia Realty Trust to a “strong-buy” rating in a report on Friday, June 26th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.