Acadia Realty TrustAKR
Market Cap: $2.29B
About: Acadia Realty Trust is a real estate investment trust that specializes in the operation, management, leasing, renovation, and acquisition of shopping centers and mixed-use properties with retail components. The company's portfolios are located primarily in metropolitan areas of the United States. The company operates through three segments: core portfolio, which consists primarily of high-quality retail properties located primarily in high-barrier-to-entry, densely-populated metropolitan areas with a long-term investment horizon and generates the majority of total revenue; funds, which comprises the funds launched by the trust; and structured financing, which consists of notes receivable and related interest income.
Employees: 117
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
54% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 56
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
10% more capital invested
Capital invested by funds: $1.85B [Q1] → $2.04B (+$190M) [Q2]
4.66% more ownership
Funds ownership: 105.68% [Q1] → 110.34% (+4.66%) [Q2]
1% more funds holding
Funds holding: 181 [Q1] → 183 (+2) [Q2]
0% more call options, than puts
Call options by funds: $13K | Put options by funds: $13K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Truist Securities Ki Bin Kim 70% 1-year accuracy 28 / 40 met price target | 4%upside $23 | Hold Maintained | 28 Aug 2024 |
JP Morgan Michael Mueller 81% 1-year accuracy 13 / 16 met price target | 19%downside $18 | Neutral Upgraded | 26 Jun 2024 |
Financial journalist opinion
Based on 4 articles about AKR published over the past 30 days