Acadia Realty Trust $AKR Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its stake in shares of Acadia Realty Trust (NYSE:AKR) by 22.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 217,339 shares of the real estate investment trust’s stock after acquiring an additional 39,212 shares during the quarter. Hsbc Holdings PLC owned 0.17% of Acadia Realty Trust worth $4,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada increased its stake in shares of Acadia Realty Trust by 83.2% during the first quarter. Royal Bank of Canada now owns 42,246 shares of the real estate investment trust’s stock worth $885,000 after buying an additional 19,184 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Acadia Realty Trust by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,734 shares of the real estate investment trust’s stock worth $1,461,000 after acquiring an additional 3,045 shares during the last quarter. Millennium Management LLC grew its holdings in Acadia Realty Trust by 31.1% during the 1st quarter. Millennium Management LLC now owns 811,139 shares of the real estate investment trust’s stock worth $16,993,000 after acquiring an additional 192,267 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of 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 purchasing an additional 82,974 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Acadia Realty Trust in the 1st quarter valued at approximately $1,284,000. Hedge funds and other institutional investors own 97.65% of the company’s stock.

Acadia Realty Trust Stock Performance

NYSE AKR opened at $21.25 on Friday. The company has a fifty day moving average of $21.65 and a two-hundred day moving average of $20.89. The company has a market capitalization of $2.84 billion, a PE ratio of 70.82 and a beta of 1.10. Acadia Realty Trust has a 1 year low of $18.06 and a 1 year high of $22.90. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.17 and a quick ratio of 1.17.

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

Acadia Realty Trust Dividend Announcement

The company also recently disclosed 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. This represents a $0.80 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio is presently 266.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Jefferies Financial Group upgraded Acadia Realty Trust to a “strong-buy” rating in a research note on Friday, June 26th. JPMorgan Chase & Co. lifted their price target on Acadia Realty Trust from $21.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research report on Monday, June 15th. Finally, Weiss Ratings upgraded Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $23.50.

Insider Activity

In other 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company 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.