The Acadia Realty Trust (AKR) Upgraded to "Sell" at BidaskClub

Marco Green
June 19, 2017

Finally, Daiwa Securities Group Inc. boosted its position in shares of Vornado Realty Trust by 14.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,404 shares of the real estate investment trust's stock valued at $146,000 after buying an additional 20 shares during the last quarter.

Other hedge funds also recently added to or reduced their stakes in the company.

ILLEGAL ACTIVITY WARNING: "Rational Advisors LLC Invests $682,000 in Vornado Realty Trust (VNO)" was first published by Transcript Daily and is the sole property of of Transcript Daily. The firm acquired 6,800 shares of the real estate investment trust's stock, valued at approximately $682,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Lexington Realty Trust by 5.8% in the first quarter. Telos Capital Management Inc. now owns 18,200 shares of the real estate investment trust's stock worth $660,000 after buying an additional 145 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Lexington Realty Trust by 5.8% in the first quarter. Tiedemann Wealth Management LLC's holdings in Federal Realty Investment Trust were worth $2,889,000 at the end of the most recent quarter. Advisors Asset Management Inc. now owns 1,490 shares of the real estate investment trust's stock valued at $149,000 after buying an additional 741 shares during the last quarter. IndexIQ Advisors LLC now owns 80,804 shares of the real estate investment trust's stock worth $2,928,000 after buying an additional 23,261 shares during the period. The firm has a market cap of $2.46 billion, a PE ratio of 30.27 and a beta of 0.96. Currently, the 7-day moving average is sitting at 6135.47. Acadia Realty Trust has a 12-month low of $26.70 and a 12-month high of $38.01.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Wednesday, May 3rd.

LXP has been the topic of a number of recent research reports. Taking a look back at some historical performance numbers for Lexington Realty Trust (LXP), we can see that the stock moved 2.20% for the last five trades. The business had revenue of $96.10 million for the quarter, compared to analyst estimates of $94.72 million. During the same quarter past year, the firm posted $0.43 EPS. The company's revenue was up 29.0% compared to the same quarter past year. Equities research analysts anticipate that Federal Realty Investment Trust will post $3.24 earnings per share for the current year. Investors of record on Thursday, June 22nd will be issued a $0.98 dividend. The RSI value will always move between 0 and 100. Acadia Realty Trust (AKR)'s Williams %R presently stands at -19.23. If you are reading this report on another site, it was illegally copied and reposted in violation of United States & worldwide copyright laws. The original version of this piece can be read at https://www.themarketsdaily.com/2017/06/18/arizona-state-retirement-system-buys-2900-shares-of-lexington-realty-trust-lxp.html.

Several research firms recently weighed in on VNO. Zacks Investment Research upgraded shares of Vornado Realty Trust from a "sell" rating to a "hold" rating in a report on Wednesday, February 22nd. TheStreet downgraded shares of Acadia Realty Trust from a "b-" rating to a "c" rating in a report on Monday, April 24th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $10.50. The stock was sold at an average price of $10.13, for a total value of $1,370,568.74. In contrast, the average volume was 1.32 million shares. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Following the transaction, the executive vice president now directly owns 360,709 shares of the company's stock, valued at approximately $3,653,982.17. The disclosure for this sale can be found here. Profund Advisors LLC now owns 16,544 shares of the real estate investment trust's stock worth $600,000 after buying an additional 6,946 shares during the period.

Acadia Realty Trust is a real estate investment trust. The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

The company maintained ROI for the last twelve months at 7.80%.

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