EPS for Acadia Realty Trust (AKR) Expected At $0.33

January 17, 2018 - By Linda Rogers

 EPS for Acadia Realty Trust (AKR) Expected At $0.33
Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.30, from 1.29 in 2017Q2. It worsened, as 15 investors sold Acadia Realty Trust shares while 54 reduced holdings. 20 funds opened positions while 48 raised stakes. 88.28 million shares or 3.94% more from 84.93 million shares in 2017Q2 were reported.
132,782 were accumulated by California State Teachers Retirement Sys. Indexiq Limited Liability Company has invested 0.12% in Acadia Realty Trust (NYSE:AKR). Public Employees Retirement System Of Ohio holds 0.01% or 96,321 shares. Tower Research Capital Lc (Trc) owns 7,889 shares for 0.02% of their portfolio. Blackrock Inc has invested 0.02% in Acadia Realty Trust (NYSE:AKR). Moreover, Goldman Sachs Gp has 0.05% invested in Acadia Realty Trust (NYSE:AKR). Jpmorgan Chase & holds 1.58 million shares or 0.01% of its portfolio. Forward Mgmt Limited Com holds 89,700 shares or 0.29% of its portfolio. Nationwide Fund Advisors reported 213,321 shares. Bnp Paribas Asset Sa stated it has 146,012 shares. State Board Of Administration Of Florida Retirement Systems holds 0% or 56,690 shares. Resolution Limited owns 538,380 shares or 0.71% of their US portfolio. Citadel Advisors Ltd Liability Com reported 0% in Acadia Realty Trust (NYSE:AKR). Dimensional Fund Advsr Limited Partnership invested in 1.24M shares or 0.02% of the stock. Ls Advisors Limited Liability Company has invested 0% in Acadia Realty Trust (NYSE:AKR).

Analysts expect Acadia Realty Trust (NYSE:AKR) to report $0.33 EPS on February, 13.They anticipate $0.06 EPS change or 15.38 % from last quarter’s $0.39 EPS. AKR’s profit would be $28.72 million giving it 19.10 P/E if the $0.33 EPS is correct. After having $0.37 EPS previously, Acadia Realty Trust’s analysts see -10.81 % EPS growth. The stock decreased 0.71% or $0.18 during the last trading session, reaching $25.21. About 346,634 shares traded. Acadia Realty Trust (NYSE:AKR) has declined 15.62% since January 17, 2017 and is downtrending. It has underperformed by 32.32% the S&P500.

Acadia Realty Trust (NYSE:AKR) Ratings Coverage

Among 6 analysts covering Acadia Realty Trust (NYSE:AKR), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Acadia Realty Trust had 8 analyst reports since November 9, 2015 according to SRatingsIntel. The rating was downgraded by Citigroup on Tuesday, December 13 to “Neutral”. On Thursday, July 27 the stock rating was maintained by Boenning & Scattergood with “Buy”. The company was maintained on Monday, November 9 by RBC Capital Markets. Citigroup maintained Acadia Realty Trust (NYSE:AKR) on Friday, August 12 with “Buy” rating. The firm earned “Buy” rating on Monday, November 6 by Boenning & Scattergood. BMO Capital Markets maintained the shares of AKR in report on Wednesday, June 21 with “Buy” rating. KeyBanc Capital Markets downgraded the shares of AKR in report on Monday, November 20 to “Sector Weight” rating. The rating was initiated by BTIG Research on Thursday, August 25 with “Neutral”.

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core and Fund – operating platforms and its disciplined, location-driven investment strategy. The company has market cap of $2.19 billion. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation??s most dynamic urban and street-retail corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet. It has a 35.56 P/E ratio.

More notable recent Acadia Realty Trust (NYSE:AKR) news were published by: Seekingalpha.com which released: “Acadia Realty Trust’s (AKR) CEO Ken Bernstein on Q1 2017 Results – Earnings …” on April 25, 2017, also Seekingalpha.com with their article: “Acadia Realty Trust’s (AKR) CEO Ken Bernstein on Q3 2017 Results – Earnings …” published on November 03, 2017, Businesswire.com published: “Acadia Realty Trust Announces Tax Reporting Information for 2017 Distributions” on January 16, 2018. More interesting news about Acadia Realty Trust (NYSE:AKR) were released by: Therealdeal.com and their article: “Acadia wants $136M for new condos at original Empire State Building” published on July 19, 2017 as well as Nasdaq.com‘s news article titled: “Acadia Realty Trust (AKR) Passes Through 4% Yield Mark” with publication date: December 21, 2017.

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