Louisiana State Employees Retirement System Invests $1.11 Million in Acadia Realty Trust $AKR

Louisiana State Employees Retirement System purchased a new stake in Acadia Realty Trust (NYSE:AKR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 58,100 shares of the real estate investment trust’s stock, valued at approximately $1,111,000.

A number of other large investors have also made changes to their positions in AKR. Oregon Public Employees Retirement Fund raised its stake in Acadia Realty Trust by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 30,012 shares of the real estate investment trust’s stock worth $616,000 after buying an additional 500 shares during the period. State of Wyoming grew its stake in Acadia Realty Trust by 10.8% in the second quarter. State of Wyoming now owns 5,581 shares of the real estate investment trust’s stock valued at $104,000 after acquiring an additional 543 shares during the period. Osaic Holdings Inc. increased 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 acquiring an additional 547 shares in the last quarter. Maryland State Retirement & Pension System raised its position in shares of Acadia Realty Trust by 2.9% during the fourth quarter. Maryland State Retirement & Pension System now owns 19,389 shares of the real estate investment trust’s stock worth $398,000 after purchasing an additional 554 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Acadia Realty Trust by 1.8% during the fourth quarter. Captrust Financial Advisors now owns 34,520 shares of the real estate investment trust’s stock worth $709,000 after purchasing an additional 624 shares during the period. Institutional investors own 97.65% of the company’s stock.

Insider Activity at Acadia Realty Trust

In other news, EVP Reginald Livingston sold 25,000 shares of the business’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 owned 9,426 shares of the company’s stock, valued at $208,503.12. The trade was a 72.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 3.11% of the stock is currently owned by corporate insiders.

Acadia Realty Trust Stock Performance

Shares of Acadia Realty Trust stock opened at $21.25 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of 70.83 and a beta of 1.10. The stock’s 50-day moving average is $21.63 and its 200-day moving average is $20.86. Acadia Realty Trust has a one year low of $18.04 and a one year high of $22.90.

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, topping analysts’ consensus estimates of $0.05 by $0.17. Acadia Realty Trust had a return on equity of 1.51% and a net margin of 9.77%.The business had revenue of $102.99 million during the quarter, compared to the consensus estimate of $94.21 million. During the same period last year, the company earned $0.34 earnings per share. Acadia Realty Trust’s quarterly revenue was down 1.4% on a year-over-year basis. Acadia Realty Trust has set its FY 2026 guidance at 1.220-1.260 EPS. Equities analysts predict that Acadia Realty Trust will post 1.24 earnings per share for the current fiscal year.

Acadia Realty Trust Announces Dividend

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. The ex-dividend date is Tuesday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.8%. Acadia Realty Trust’s dividend payout ratio (DPR) is 266.67%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AKR. Wall Street Zen upgraded Acadia Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Zacks Research upgraded shares of Acadia Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday, March 23rd. Weiss Ratings raised shares of Acadia Realty Trust from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Jefferies Financial Group upgraded shares of Acadia Realty Trust to a “strong-buy” rating in a report on Friday, June 26th. Finally, Truist Financial increased their price objective on shares of Acadia Realty Trust from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.