acadia realty trust (nyse:akr) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - core and opportunity fund - platforms. our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors. at the same time, we are amplifying this portfolio's solid growth by making highly-profitable opportunistic and value-add investments through our series of discretionary, institutional funds. for the trailing 15-year period ended december 31, 2014, acadia's stock achieved a cumulative total return of 1,388%, placing our company among the industry's top-performing reit's. we attribute our success to our differentiated platform and to our team's steadfast commitment to our company's four core values: integrity, intensity, intelligence, and innovation. our portfolio across the united states incl
Company profile
Ticker
AKR
Exchange
Website
CEO
Kenneth F. Bernstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MARK CENTERS TRUST
SEC CIK
Corporate docs
Subsidiaries
Acadia Realty Limited Partnership • ARLP GS LLC • 100 Bull LLC • 102 EB LLC • 1035 Third Avenue LLC • 11 East Walton LLC • 110 UP NY LLC • 1100 N. State Lender LLC • 120 West Broadway Lender LLC • 120 West Broadway LLC ...
IRS number
232715194
AKR stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
16 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEF 14A
Definitive proxy
22 Mar 24
10-K
2023 FY
Annual report
16 Feb 24
8-K
Acadia Realty Trust Reports Fourth Quarter
13 Feb 24
8-K
Other Events
12 Jan 24
424B5
Prospectus supplement for primary offering
10 Jan 24
8-K
Other Events
9 Jan 24
424B5
Prospectus supplement for primary offering
9 Jan 24
424B5
Prospectus supplement for primary offering
8 Jan 24
Transcripts
AKR
Earnings call transcript
2023 Q4
14 Feb 24
AKR
Earnings call transcript
2023 Q3
31 Oct 23
AKR
Earnings call transcript
2023 Q2
4 Aug 23
AKR
Earnings call transcript
2023 Q2
2 Aug 23
AKR
Earnings call transcript
2023 Q1
3 May 23
AKR
Earnings call transcript
2022 Q4
3 May 23
AKR
Earnings call transcript
2022 Q4
15 Feb 23
AKR
Earnings call transcript
2022 Q3
4 Nov 22
AKR
Earnings call transcript
2022 Q3
2 Nov 22
AKR
Earnings call transcript
2022 Q2
8 Aug 22
Latest ownership filings
4
C DAVID ZOBA
19 Mar 24
4
JOSEPH NAPOLITANO
5 Mar 24
4/A
JOSEPH NAPOLITANO
5 Mar 24
4/A
John J. Gottfried
5 Mar 24
4/A
Jason Blacksberg
5 Mar 24
4/A
Richard Hartmann
5 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
Reginald Livingston
21 Feb 24
4
JOSEPH NAPOLITANO
21 Feb 24
4
Richard Hartmann
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 27.18 mm | 27.18 mm | 27.18 mm | 27.18 mm | 27.18 mm | 27.18 mm |
Cash burn (monthly) | 779.33 k | 293.58 k | 5.44 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.16 mm | 1.95 mm | 36.03 mm | n/a | n/a | n/a |
Cash remaining | 22.02 mm | 25.23 mm | -8.85 mm | n/a | n/a | n/a |
Runway (months of cash) | 28.2 | 86.0 | -1.6 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 261 |
Opened positions | 20 |
Closed positions | 54 |
Increased positions | 99 |
Reduced positions | 102 |
13F shares | Current |
---|---|
Total value | 4.44 tn |
Total shares | 148.43 mm |
Total puts | 23.80 k |
Total calls | 28.50 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 21.58 mm | $662.48 bn |
BLK Blackrock | 17.25 mm | $529.66 bn |
JPM JPMorgan Chase & Co. | 13.57 mm | $416.68 bn |
CNS Cohen & Steers | 11.98 mm | $367.90 bn |
PFG Principal Financial Group Inc - Registered Shares | 9.13 mm | $280.33 bn |
STT State Street | 8.27 mm | $253.97 bn |
FMR | 5.76 mm | $176.78 bn |
Alliancebernstein | 4.65 mm | $142.86 bn |
DSECF Daiwa Securities | 3.05 mm | $93.78 mm |
Geode Capital Management | 2.53 mm | $77.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | C David Zoba | Common Shares of Beneficial Interest | Buy | Acquire P | No | No | 16.3 | 1,000 | 16.30 k | 2,700 |
4 Mar 24 | Joseph Napolitano | Common Shares of Beneficial Interest - $.001 Par Value | Sell | Dispose S | No | No | 16.7715 | 49,525 | 830.61 k | 118 |
4 Mar 24 | Joseph Napolitano | Common Shares of Beneficial Interest - $.001 Par Value | Conversion | Acquire C | No | No | 0 | 49,525 | 0.00 | 49,643 |
4 Mar 24 | Joseph Napolitano | Limited Partnership Units Common Shares of Beneficial Interest | Conversion | Dispose C | No | No | 0 | 49,525 | 0.00 | 179,108 |
16 Feb 24 | Joseph Napolitano | LTIP Units Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 42,041 | 0.00 | 228,633 |
16 Feb 24 | Gottfried John J. | LTIP Units Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 61,350 | 0.00 | 304,339 |
16 Feb 24 | Jason Blacksberg | LTIP Units Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 50,405 | 0.00 | 271,606 |
News
Reported Earlier, Acadia Realty Trust Expands $750M Senior Unsecured Revolving Credit And Term Loan Facility
16 Apr 24
Analyzing Retail REITs: Upgraded Outlook for Tanger, Downgraded Expectations for Kimco and ROIC
5 Apr 24
B of A Securities Upgrades Acadia Realty Trust to Buy, Raises Price Target to $20
5 Apr 24
Acadia Realty Trust Q4 FFO $0.28 Up From $0.27 YoY, Sales $84.20M Beat $75.11M Estimate
13 Feb 24
Earnings Scheduled For February 13, 2024
13 Feb 24
Press releases
Acadia Realty Trust Announces Expanded $750 Million Senior Unsecured Revolving Credit and Term Loan Facility
15 Apr 24
Acadia Realty Trust to Announce First Quarter 2024 Earnings on April 29, 2024
2 Apr 24
Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend
28 Feb 24
Acadia Realty Trust Reports Fourth Quarter and Full Year 2023 Operating Results
13 Feb 24
Acadia Realty Trust Announces Key Promotions and Changes to Management Teams
12 Feb 24