Strs Ohio Purchases 101,200 Shares of Acadia Realty Trust $AKR

Strs Ohio increased its position in shares of Acadia Realty Trust (NYSE:AKR) by 421.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 125,200 shares of the real estate investment trust’s stock after buying an additional 101,200 shares during the period. Strs Ohio’s holdings in Acadia Realty Trust were worth $2,572,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in shares of Acadia Realty Trust by 0.6% in the third quarter. Vanguard Group Inc. now owns 19,939,618 shares of the real estate investment trust’s stock valued at $401,783,000 after buying an additional 114,473 shares in the last quarter. State Street Corp raised its position in Acadia Realty Trust by 9.3% in the second quarter. State Street Corp now owns 7,450,026 shares of the real estate investment trust’s stock worth $139,802,000 after acquiring an additional 632,722 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Acadia Realty Trust by 74.0% in 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 acquiring an additional 2,370,553 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in Acadia Realty Trust by 55.8% during the third quarter. Alyeska Investment Group L.P. now owns 2,909,671 shares of the real estate investment trust’s stock valued at $58,630,000 after purchasing an additional 1,042,228 shares during the period. Finally, Qube Research & Technologies Ltd raised its stake in shares of Acadia Realty Trust by 34.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,424,302 shares of the real estate investment trust’s stock valued at $26,449,000 after buying an additional 366,113 shares during the period. 97.65% of the stock is currently owned by institutional investors and hedge funds.

Acadia Realty Trust Price Performance

Shares of NYSE:AKR opened at $21.99 on Wednesday. The company has a 50 day moving average of $20.47 and a 200 day moving average of $20.31. 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 stock has a market cap of $2.94 billion, a P/E ratio of 73.31, a P/E/G ratio of 2.17 and a beta of 1.10. Acadia Realty Trust has a 12 month low of $18.04 and a 12 month high of $22.36.

Acadia Realty Trust (NYSE:AKR) last posted its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.17. The company had revenue of $102.99 million during 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%.The firm’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter last year, the company earned $0.34 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. As a group, sell-side analysts forecast that Acadia Realty Trust will post 1.24 EPS for the current fiscal year.

Acadia Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.20 per share. 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 payout ratio is presently 266.67%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AKR. Citigroup increased 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. JPMorgan Chase & Co. boosted their price target on shares of Acadia Realty Trust from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Friday, March 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Acadia Realty Trust in a report on Monday, April 20th. Zacks Research upgraded shares of Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Wall Street Zen upgraded Acadia Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

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.