Economy

Acadia Realty Trust (NYSE:AKR) Broker Price Targets For The Coming Week

On average, equities research analysts anticipate that Lexington Realty Trust will post $0.29 earnings per share for the current fiscal year.

10/25/2013 - Acadia Realty Trust was upgraded to "buy" by analysts at TheStreet. Finally, BidaskClub downgraded Brandywine Realty Trust from a "buy" rating to a "hold" rating in a research report on Saturday, July 8th. The company is expected to report its next earnings results after the market closes on Monday, October 30th.

In other Digital Realty Trust news, Director William G. Laperch purchased 1,200 shares of the company's stock in a transaction that occurred on Monday, August 7th. 169.14 million shares or 1.41% less from 171.55 million shares in 2017Q1 were reported. Bnp Paribas Asset Mgmt Hldgs invested 0.1% of its portfolio in Brandywine Realty Trust (NYSE:BDN). The real estate investment trust reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. The firm had revenue of $127.79 million during the quarter, compared to analyst estimates of $134.07 million.

The stock of Cedar Realty Trust Incorporated (NYSE:CDR) registered an increase of 7.72% in short interest. The firm's quarterly revenue was down 13.9% compared to the same quarter past year. BMO Capital Markets reissued a "buy" rating and set a $36.00 price target on shares of Acadia Realty Trust in a research note on Wednesday, June 21st. Barclays PLC lowered shares of Lexington Realty Trust from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $11.00 to $10.00 in a report on Monday, January 23rd. They noted that the move was a valuation call.

06/06/2017 - Acadia Realty Trust had its "neutral" rating reiterated by analysts at Citigroup. Digital Realty Trust has $133 highest and $67 lowest target. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company's stock. The stock now has an average rating of "Buy" and a consensus price target of $33.50.

Shares of United Dominion Realty Trust (UDR) opened at 38.16 on Friday.

Acadia Realty Trust has a 50 day moving average of 29.08 and a 200 day moving average of 28.92. The stock has a market capitalization of $2.24 billion, a P/E ratio of 27.57 and a beta of 0.94. Stockholders of record on Friday, September 29th will be given a $0.26 dividend. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.59%. Brandywine Realty Trust's dividend payout ratio is now 800.10%.

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The share price of the company (NYSE:AKR) was down -0.84%, with a high of 29.80 during the day and the volume of Acadia Realty Trust shares traded was 591632. The shares were bought at an average cost of $25.00 per share, for a total transaction of $30,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Following the sale, the director now owns 452,808 shares of the company's stock, valued at $17,088,973.92. The disclosure for this sale can be found here. Insiders have sold a total of 116,407 shares of company stock valued at $1,929,024 over the last three months.

A number of other large investors also recently made changes to their positions in LXP. BlackRock Advisors LLC raised its stake in shares of Lexington Realty Trust by 10.0% in the third quarter.

Cedar Realty Trust, Inc.is a real estate investment trust. FMR LLC boosted its stake in Acadia Realty Trust by 3.3% during the second quarter. The fund owned 303,195 shares of the real estate investment trust's stock after selling 257,273 shares during the period. Indiana-based First In has invested 0.03% in Digital Realty Trust, Inc. Virginia Retirement Systems ET AL now owns 114,900 shares of the real estate investment trust's stock valued at $2,014,000 after purchasing an additional 54,700 shares during the last quarter. State Street Corp now owns 3,152,708 shares of the real estate investment trust's stock valued at $94,765,000 after buying an additional 216,710 shares during the last quarter. It is positive, as 18 investors sold Cedar Realty Trust Inc shares while 37 reduced holdings.

UDR, Inc is a self-administered real estate investment trust. The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company's segments are Same-Store Communities and Non-Mature Communities/Other.



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