Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - Core Portfolio and Fund - operating platforms and its disciplined, location-driven investment strategy. 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 corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.
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 • 106 Spring Retail Owner LLC • 11 East Walton LLC • 110 UP NY LLC • 1100 N. State Lender LLC • 120 West Broadway Lender LLC ...
IRS number
232715194
AKR stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
18 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Acadia Realty Trust Reports First Quarter Operating Results
5 May 23
DEF 14A
Definitive proxy
24 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Acadia Realty Trust Reports Fourth Quarter and Full Year 2022 Operating Results
17 Feb 23
8-K
Acadia Realty Trust Announces Appointment of Hope B. Woodhouse to Board of Trustees
10 Jan 23
8-K
Acadia Realty Trust Provides Update on Albertsons Special Dividend
5 Jan 23
10-Q
2022 Q3
Quarterly report
4 Nov 22
8-K
Acadia Realty Trust Reports Third Quarter 2022 Operating Results
4 Nov 22
Transcripts
AKR
Earnings call transcript
2022 Q4
15 Feb 23
AKR
Earnings call transcript
2022 Q3
4 Nov 22
AKR
Earnings call transcript
2022 Q2
8 Aug 22
AKR
Earnings call transcript
2022 Q1
3 May 22
AKR
Earnings call transcript
2021 Q4
17 Feb 22
AKR
Earnings call transcript
2021 Q3
28 Oct 21
AKR
Earnings call transcript
2021 Q2
2 Aug 21
AKR
Earnings call transcript
2021 Q1
2 May 21
AKR
Earnings call transcript
2020 Q4
12 Feb 21
AKR
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
4
DOUGLAS CROCKER II
1 Jun 23
4
JOSEPH NAPOLITANO
1 Jun 23
4
LEE S WIELANSKY
1 Jun 23
144
Notice of proposed sale of securities
31 May 23
4
C DAVID ZOBA
5 May 23
4
Hope B Woodhouse
5 May 23
4
LEE S WIELANSKY
5 May 23
4
LYNN C THURBER
5 May 23
4
William T. Spitz
5 May 23
4
Kenneth A McIntyre Jr
5 May 23
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| 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) | 31.38 mm | 31.38 mm | 31.38 mm | 31.38 mm | 31.38 mm | 31.38 mm |
| Cash burn (monthly) | 279.67 k | 1.39 mm | (no burn) | 2.11 mm | (no burn) | (no burn) |
| Cash used (since last report) | 615.69 k | 3.05 mm | n/a | 4.64 mm | n/a | n/a |
| Cash remaining | 30.77 mm | 28.33 mm | n/a | 26.74 mm | n/a | n/a |
| Runway (months of cash) | 110.0 | 20.4 | n/a | 12.7 | n/a | n/a |
Institutional ownership, Q1 2023
| 13F holders | Current |
|---|---|
| Total holders | 289 |
| Opened positions | 27 |
| Closed positions | 50 |
| Increased positions | 109 |
| Reduced positions | 108 |
| 13F shares | Current |
|---|---|
| Total value | 5.22 tn |
| Total shares | 146.25 mm |
| Total puts | 16.40 k |
| Total calls | 46.40 k |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 22.40 mm | $802.10 bn |
| CNS Cohen & Steers | 17.53 mm | $634.48 bn |
| BLK Blackrock | 17.44 mm | $624.40 bn |
| PFG Principal Financial Group Inc - Registered Shares | 8.41 mm | $301.17 bn |
| STT State Street | 8.39 mm | $300.55 bn |
| JPM JPMorgan Chase & Co. | 6.81 mm | $243.84 bn |
| FMR | 5.34 mm | $191.21 bn |
| DSECF Daiwa Securities | 3.12 mm | $112.99 bn |
| Geode Capital Management | 2.96 mm | $105.90 bn |
| BAC Bank Of America | 2.56 mm | $91.81 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 May 23 | Wielansky Lee S | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 12.73 | 10,000 | 127.30 k | 70,611 |
| 31 May 23 | Joseph Napolitano | Common Shares of Beneficial Interest - $.001 Par Value | Sell | Acquire S | No | No | 12.92 | 54,040 | 698.20 k | 118 |
| 31 May 23 | Joseph Napolitano | Common Shares of Beneficial Interest - $.001 Par Value | Conversion | Acquire C | No | No | 0 | 54,040 | 0.00 | 54,158 |
| 31 May 23 | Joseph Napolitano | Limited Partnership Units Common Shares of Beneficial Interest | Conversion | Dispose C | No | No | 0 | 54,040 | 0.00 | 179,502 |
| 24 May 23 | Crocker Douglas Ii | Common Shares of Beneficial Interest - $.001 Par Value | Buy | Acquire P | No | No | 12.9 | 28,250 | 364.43 k | 112,397 |
| 4 May 23 | Crocker Douglas Ii | Common Shares of Beneficial Interest - $.001 Par Value | Grant | Acquire A | No | No | 13.32 | 7,508 | 100.01 k | 84,147 |
Press releases
Acadia Realty Trust to Present at NAREIT's REITweek®: 2023 Investor Conference
5 Jun 23
Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend
3 May 23
Acadia Realty Trust Reports First Quarter Operating Results
2 May 23
Acadia Realty Trust to Announce First Quarter 2023 Earnings on May 2, 2023
5 Apr 23