Acadia Realty Trust (AKR) News Today

StockNews.com downgraded shares of Acadia Realty Trust from a "hold" rating to a "sell" rating in a research note on Friday.

Acadia Realty Trust (NYSE:AKR) declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Monday, September 30th will be paid a dividend of 0.19 per share by the real estate investment trust on Tuesday, October 15th. This represents a $0.76 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Monday, September 30th. This is a positive change from Acadia Realty Trust's previous quarterly dividend of $0.18.

Jacobs Levy Equity Management Inc. reduced its position in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 20.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 108,386 shares of the real estate investment trust'

Acadia Realty Trust (NYSE:AKR - Get Free Report) issued its quarterly earnings data on Tuesday. The real estate investment trust reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.30). Acadia Realty Trust had a return on equity of 0.39% and a net margin of 2.38%. The firm had revenue of $87.25 million for the quarter, compared to the consensus estimate of $70.16 million. During the same period in the prior year, the company posted $0.36 earnings per share. Acadia Realty Trust's quarterly revenue was down 3.0% compared to the same quarter last year.

Vanguard Group Inc. increased its holdings in Acadia Realty Trust (NYSE:AKR - Free Report) by 7.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,682,822 shares of the real estate in

Price T Rowe Associates Inc. MD increased its holdings in Acadia Realty Trust (NYSE:AKR - Free Report) by 4.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,848,246 shares of the real estate investment trust's s

Acadia Realty Trust (NYSE:AKR) Sets New 52-Week High at $20.58

Acadia Realty Trust (NYSE:AKR) Hits New 1-Year High at $20.40

Acadia Realty Trust (NYSE:AKR) will be releasing earnings after the market closes on Tuesday, July 30, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=606852)

Acadia Realty Trust (NYSE:AKR - Get Free Report) has been assigned an average recommendation of "Hold" from the five brokerages that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommend

Acadia Realty Trust (NYSE:AKR) Hits New 52-Week High at $20.16

Acadia Realty Trust (NYSE:AKR) Reaches New 1-Year High at $19.11

Acadia Realty Trust (NYSE:AKR) Hits New 1-Year High at $18.39

Vanguard Group Inc. trimmed its stake in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,490,684 shares of the real estate investment tr

Acadia Realty Trust (NYSE:AKR) Hits New 12-Month High at $17.97

Goldman Sachs Group Inc. decreased its holdings in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,359,812 shares of the real estate inve

Price T Rowe Associates Inc. MD lifted its holdings in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,460,179 shares of the real estate investment trust's stock after buying an additional

Cohen & Steers Inc. raised its position in Acadia Realty Trust (NYSE:AKR - Free Report) by 5.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,790,037 shares of the real estate investment trust's stock afte

Lighthouse Investment Partners LLC decreased its stake in shares of Acadia Realty Trust (NYSE:AKR - Free Report) by 50.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 175,000 shares of the real estate investment trust's stock after s

Norges Bank bought a new stake in shares of Acadia Realty Trust (NYSE:AKR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 612,974 shares of the real estate investment trust's stock, valued at approximately $1

GW&K Investment Management LLC acquired a new position in shares of Acadia Realty Trust (NYSE:AKR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 136,230 shares of the real estate investm

Acadia Realty Trust (NYSE:AKR - Get Free Report) CFO John J. Gottfried sold 12,500 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $16.89, for a total transaction of $211,125.00. Following the completion of the sale, the chief financial officer now directly owns 7,600 shares of the company's stock, valued at $128,364. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Acadia Realty Trust (NYSE:AKR) announced a quarterly dividend on Wednesday, May 1st. Investors of record on Friday, June 28th will be paid a dividend of 0.18 per share by the real estate investment trust on Monday, July 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Friday, June 28th.

Acadia Realty Trust (NYSE:AKR) Sets New 12-Month High at $17.90

Acadia Realty Trust (NYSE:AKR - Get Free Report) posted its quarterly earnings results on Monday. The real estate investment trust reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.27). The company had revenue of $91.36 million during the quarter, compared to the consensus estimate of $69.75 million. Acadia Realty Trust had a return on equity of 0.91% and a net margin of 5.72%. The company's revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.40 earnings per share.

Acadia Realty Trust (NYSE:AKR - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,370,000 shares, a growth of 10.1% from the March 31st total of 3,060,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the short-interest ratio is presently 2.9 days.

Acadia Realty Trust (NYSE:AKR) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.240-1.320 for the period, compared to the consensus estimate of 1.280.