Acadia Realty Trust Stock Soars 13.86% on Institutional Buying

On April 8, 2025, Acadia Realty Trust's stock surged by 13.86% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Acadia Realty Trust has seen a mix of positive and negative developments recently. The company's stock has been the subject of various analyst ratings and price targets. According to four analysts, the average rating for AKR stock is "Buy," with a 12-month stock price forecast of $22.0, indicating a potential increase of 21.48% from the latest price. Additionally, the company's free cash flow for Q4 2024 was $0.69, and its operating cash flow was $0.25 for the 2024 fiscal year.

Institutional investors have been actively adjusting their holdings in Acadia Realty Trust. Pictet Asset Management Holding SA increased its stake by 36.9% in the fourth quarter, while Smartleaf Asset Management LLC lifted its stake by 91.3%. Other institutional investors, including USA Financial Formulas, KBC Group NV, Xponance Inc., and Longboard Asset Management LP, have also made significant changes to their holdings. Currently, 97.65% of the stock is owned by hedge funds and other institutional investors.

Acadia Realty Trust recently declared a quarterly dividend of $0.20 per share, payable on April 15, 2025. This represents an annualized dividend of $0.80 and a yield of 4.37%, marking an increase from the previous quarterly dividend of $0.19. The company's dividend payout ratio is currently at 444.44%.

Insider activity has also been noted, with EVP Jason Blacksberg selling 30,000 shares of the company's stock at an average price of $22.81 on March 6, 2025. Company insiders own 2.83% of the company's stock.