UBS Group AG Sells 171,515 Shares of Acadia Realty Trust $AKR

UBS Group AG lessened its position in shares of Acadia Realty Trust (NYSE:AKR) by 43.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 220,431 shares of the real estate investment trust’s stock after selling 171,515 shares during the quarter. UBS Group AG’s holdings in Acadia Realty Trust were worth $4,528,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Acadia Realty Trust by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 19,939,618 shares of the real estate investment trust’s stock worth $401,783,000 after acquiring an additional 114,473 shares in the last quarter. State Street Corp increased its stake in Acadia Realty Trust by 9.3% during the 2nd quarter. State Street Corp now owns 7,450,026 shares of the real estate investment trust’s stock valued at $139,802,000 after purchasing an additional 632,722 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Acadia Realty Trust by 74.0% during the 4th 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 purchasing an additional 2,370,553 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in Acadia Realty Trust by 55.8% during the 3rd 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 in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in Acadia Realty Trust by 34.6% during the 2nd 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 purchasing an additional 366,113 shares in the last quarter. Institutional investors own 97.65% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on AKR. Weiss Ratings upgraded shares of Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Citigroup upped their price target on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. LADENBURG THALM/SH SH upgraded shares of Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research note on Thursday, April 30th. 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, JPMorgan Chase & Co. upped 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 note on Friday, March 20th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $23.00.

Acadia Realty Trust Trading Up 0.7%

Shares of Acadia Realty Trust stock opened at $21.97 on Friday. The firm’s 50 day simple moving average is $20.64 and its two-hundred day simple moving average is $20.50. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 73.25, a PEG ratio of 2.18 and a beta of 1.10. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.61. 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 released its quarterly earnings data on Tuesday, April 28th. The real estate investment trust reported $0.22 EPS for the quarter, beating the consensus estimate of $0.05 by $0.17. The business had revenue of $102.99 million for the quarter, compared to the consensus estimate of $94.21 million. Acadia Realty Trust had a net margin of 9.77% and a return on equity of 1.51%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. Analysts predict that Acadia Realty Trust will post 1.24 EPS for the current year.

Acadia Realty Trust Dividend Announcement

The firm 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 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Acadia Realty Trust’s dividend payout ratio is 266.67%.

Insider Activity at Acadia Realty Trust

In other news, EVP Reginald Livingston sold 25,000 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 9,426 shares of the company’s stock, valued at $208,503.12. This represents a 72.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.11% of the stock is owned by company insiders.

About Acadia Realty Trust

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.