Critical Analysis: Acadia Realty Trust (NYSE:AKR) vs. Vicinity Centres (OTCMKTS:CNRAF)

Vicinity Centres (OTCMKTS:CNRAF) and Acadia Realty Trust (NYSE:AKR) are both real estate companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, profitability, risk, earnings, institutional ownership, analyst recommendations and dividends.

Insider & Institutional Ownership

97.7% of Acadia Realty Trust shares are held by institutional investors. 3.1% of Acadia Realty Trust shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Earnings and Valuation

This table compares Vicinity Centres and Acadia Realty Trust”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Vicinity Centres	N/A	N/A	N/A	N/A	N/A
Acadia Realty Trust	$410.76 million	6.99	$16.90 million	$0.34	61.49

Acadia Realty Trust has higher revenue and earnings than Vicinity Centres.

Analyst Recommendations

This is a summary of recent ratings and target prices for Vicinity Centres and Acadia Realty Trust, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Vicinity Centres	0	1	0	0	2.00
Acadia Realty Trust	0	2	5	1	2.88

Acadia Realty Trust has a consensus price target of $24.20, indicating a potential upside of 15.75%. Given Acadia Realty Trust’s stronger consensus rating and higher possible upside, analysts clearly believe Acadia Realty Trust is more favorable than Vicinity Centres.

Profitability

This table compares Vicinity Centres and Acadia Realty Trust’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Vicinity Centres	N/A	N/A	N/A
Acadia Realty Trust	12.14%	1.85%	1.04%

Summary

Acadia Realty Trust beats Vicinity Centres on 10 of the 10 factors compared between the two stocks.

About Vicinity Centres

Vicinity Centres (Vicinity or the Group) is one of Australia's leading retail property groups with a fully integrated asset management platform, and $24 billion in retail assets under management across 60 shopping centres, making it the second largest listed manager of Australian retail property. The Group has a Direct Portfolio with interests in 59 shopping centres (including the DFO Brisbane business) and manages 30 assets on behalf of Strategic Partners, 29 of which are co-owned by the Group. Vicinity is listed on the Australian Securities Exchange (ASX) under the code 'VCX' and has 24,000 securityholders. Vicinity also has European medium term notes listed on the ASX under the code 'VCD'.

About Acadia Realty Trust

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.