Quantinno Capital Management LP Grows Holdings in Acadia Realty Trust $AKR

Quantinno Capital Management LP raised its holdings in shares of Acadia Realty Trust (NYSE:AKR) by 293.3% in the 1st quarter, Holdings Channel reports. The firm owned 117,831 shares of the real estate investment trust’s stock after purchasing an additional 87,870 shares during the quarter. Quantinno Capital Management LP’s holdings in Acadia Realty Trust were worth $2,253,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Osaic Holdings Inc. grew its holdings in shares of 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 purchasing an additional 547 shares during the last quarter. Danske Bank A S lifted its holdings in 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 valued at $43,000 after buying an additional 1,800 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Acadia Realty Trust in the 2nd quarter valued at about $47,000. EverSource Wealth Advisors LLC grew its stake in 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 acquiring an additional 2,309 shares in the last quarter. Finally, Covestor Ltd grew its stake in Acadia Realty Trust by 62,000.0% in the 4th quarter. Covestor Ltd now owns 3,726 shares of the real estate investment trust’s stock worth $77,000 after acquiring an additional 3,720 shares in the last quarter. 97.65% of the stock is owned by hedge funds and other institutional investors.

Acadia Realty Trust Price Performance

Shares of AKR stock opened at $20.28 on Tuesday. The stock’s 50-day moving average is $21.70 and its 200 day moving average is $21.05. Acadia Realty Trust has a 1-year low of $18.14 and a 1-year high of $23.03. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market cap of $2.79 billion, a P/E ratio of 59.65, a PEG ratio of 1.88 and a beta of 1.10.

Acadia Realty Trust (NYSE:AKR) last announced its earnings results on Tuesday, July 28th. The real estate investment trust reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.25). The firm had revenue of $95.42 million during the quarter, compared to the consensus estimate of $92.36 million. Acadia Realty Trust had a return on equity of 1.85% and a net margin of 12.14%.The business’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 earnings per share. Acadia Realty Trust has set its FY 2026 guidance at 1.240-1.260 EPS. Research analysts predict that Acadia Realty Trust will post 1.25 earnings per share for the current fiscal year.

Acadia Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Wednesday, September 30th. Acadia Realty Trust’s payout ratio is 235.29%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AKR shares. KeyCorp reaffirmed a “sector weight” rating on shares of Acadia Realty Trust in a research note on Monday, June 15th. Citigroup increased their price objective on Acadia Realty Trust from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Truist Financial raised their price objective on Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Wall Street Zen lowered Acadia Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, LADENBURG THALM/SH SH raised Acadia Realty Trust from a “neutral” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.00.

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.