Acadia Realty Trust $AKR Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in Acadia Realty Trust (NYSE:AKR) by 22.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 approximately 0.17% of Acadia Realty Trust worth $4,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in AKR. Osaic Holdings Inc. lifted its holdings in Acadia Realty Trust by 32.8% in the second quarter. Osaic Holdings Inc. now owns 2,213 shares of the real estate investment trust’s stock worth $41,000 after acquiring an additional 547 shares during the last quarter. Danske Bank A S raised its position in shares of Acadia Realty Trust by 600.0% during the 4th quarter. Danske Bank A S now owns 2,100 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,800 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Acadia Realty Trust during the 2nd quarter worth approximately $47,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Acadia Realty Trust by 342.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,984 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 2,309 shares during the last quarter. Finally, Covestor Ltd boosted its position in 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 valued at $77,000 after purchasing an additional 3,720 shares during the period. 97.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AKR has been the topic of several analyst reports. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research report on Monday, June 15th. Zacks Research upgraded shares of Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. JPMorgan Chase & Co. increased their price objective on shares of Acadia Realty Trust from $21.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, March 20th. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Finally, Wall Street Zen raised Acadia Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.50.

Acadia Realty Trust Trading Up 0.9%

Shares of Acadia Realty Trust stock opened at $21.89 on Friday. The business has a fifty day simple moving average of $21.64 and a 200-day simple moving average of $20.82. Acadia Realty Trust has a fifty-two week low of $18.04 and a fifty-two week high of $22.90. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 72.96 and a beta of 1.10. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.61.

Acadia Realty Trust (NYSE:AKR) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.22 EPS for the quarter, topping the consensus estimate of $0.05 by $0.17. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The firm had revenue of $102.99 million for the quarter, compared to analysts’ expectations of $94.21 million. During the same period in the previous year, the business earned $0.34 earnings per share. Acadia Realty Trust’s revenue for the quarter 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. On average, equities analysts forecast that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio (DPR) is presently 266.67%.

Insider Transactions at Acadia Realty Trust

In other Acadia Realty Trust news, EVP Reginald Livingston sold 25,000 shares of Acadia Realty Trust stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $22.12, for a total value of $553,000.00. Following the transaction, the executive vice president owned 9,426 shares in the company, valued at approximately $208,503.12. The trade was a 72.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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.