Acadia Realty Trust $AKR Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its stake in shares of Acadia Realty Trust (NYSE:AKR) by 22.0% in the 4th quarter, according to the company in its most recent filing with the Securities & 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 period. Hsbc Holdings PLC’s holdings in Acadia Realty Trust were worth $4,464,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV purchased a new position in shares of Acadia Realty Trust in the 4th quarter valued at approximately $211,000. First Citizens Bank & Trust Co. purchased a new position in Acadia Realty Trust in the 4th quarter valued at $261,000. Virtus Investment Advisers LLC acquired a new position in Acadia Realty Trust in the 4th quarter valued at $162,000. Wellington Management Group LLP acquired a new position in Acadia Realty Trust in the 4th quarter valued at $42,330,000. Finally, Susquehanna Portfolio Strategies LLC raised its position in Acadia Realty Trust by 70.0% during the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 231,612 shares of the real estate investment trust’s stock worth $4,757,000 after buying an additional 95,382 shares during the last quarter. 97.65% of the stock is owned by institutional investors and hedge funds.

Acadia Realty Trust Stock Performance

Shares of AKR stock opened at $21.25 on Friday. The stock has a fifty day moving average price of $21.65 and a 200 day moving average price of $20.89. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market cap 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.

Acadia Realty Trust (NYSE:AKR) last announced its quarterly earnings results 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. The business had revenue of $102.99 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.34 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. Sell-side analysts forecast that Acadia Realty Trust will post 1.24 earnings per share 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. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.8%. The ex-dividend date is Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio (DPR) is 266.67%.

Insiders Place Their Bets

In other Acadia Realty Trust news, EVP Reginald Livingston sold 25,000 shares of Acadia Realty Trust stock in a transaction dated 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 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 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.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on AKR. Wall Street Zen raised shares of Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. raised their price objective 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. LADENBURG THALM/SH SH raised Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Thursday, April 30th. Finally, Zacks Research upgraded Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.