10 June, 2017
The average 12 month price objective among brokers that have issued a report on the stock in the a year ago is $12.67.
Analyst mean recommendation rating on a stock by the analyst community is at 2.50. Jefferies Group LLC reaffirmed a "buy" rating and issued a $60.00 target price on shares of QTS Realty Trust in a research report on Friday. Stifel Nicolaus upgraded Brandywine Realty Trust (NYSE:BDN) on Friday, April 21 to "Buy" rating. If you are accessing this story on another site, it was stolen and republished in violation of USA and global trademark & copyright law. If you are viewing this article on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright legislation. The original version of this story can be viewed at https://www.thestockobserver.com/2017/06/10/td-asset-management-inc-has-607000-stake-in-acadia-realty-trust-akr.html. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. Following the transaction, the chief executive officer now owns 47,580 shares in the company, valued at approximately $1,023,445.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Large investors have recently added to or reduced their stakes in the company. The stock was sold at an average price of $52.36, for a total value of $575,960.00. Following the completion of the transaction, the director now directly owns 12,924 shares of the company's stock, valued at approximately $676,700.64. The disclosure for this sale can be found here. Also, Director Stephen E. Westhead sold 11,000 shares of the company's stock in a transaction dated Friday, May 26th. The insider LUSCOMBE WENDY W sold 1,500 shares worth $47,533. Campbell & CO Investment Adviser LLC bought a new position in shares of Arbor Realty Trust during the first quarter valued at about $170,000. Clough Capital Partners L P now owns 172,300 shares of the real estate investment trust's stock worth $1,444,000 after buying an additional 150,537 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in QTS Realty Trust by 2.8% in the fourth quarter. The institutional investor acquired 209,300 shares of the real estate investment trust's stock, valued at approximately $10,203,000. UBS Group AG boosted its stake in MedEquities Realty Trust by 190.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,946 shares of the real estate investment trust's stock worth $144,000 after buying an additional 157 shares during the last quarter. Thrivent Financial For Lutherans increased its position in QTS Realty Trust by 1.1% in the first quarter.
Independence Realty Trust, Inc is an internally-managed real estate investment trust (REIT). 531,334 are held by Lombard Odier Asset Management (Usa). World Asset Management Inc raised its position in shares of Federal Realty Investment Trust by 1.3% in the third quarter. Capstone Asset Mgmt Co stated it has 0.02% of its portfolio in Acadia Realty Trust (NYSE:AKR). Quantbot Technologies LP now owns 3,326 shares of the real estate investment trust's stock valued at $162,000 after buying an additional 2,257 shares in the last quarter. Federal Realty Investment Trust (NYSE:FRT) has declined 16.62% since June 9, 2016 and is downtrending. Arbor Realty Trust has a one year low of $6.62 and a one year high of $8.99. The P/E Ratio measures its current share price relative to its per-share earnings. The firm has a 50-day moving average price of $129.49 and a 200 day moving average price of $136.08.
Analysts await Acadia Realty Trust (NYSE:AKR) to report earnings on July, 25. The real estate investment trust reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The firm had revenue of $33.53 million for the quarter. QTS Realty Trust had a net margin of 5.47% and a return on equity of 2.53%. The business's revenue for the quarter was up 11.8% compared to the same quarter a year ago.
Brokers have set a 12-month consensus price target of $8.33 for the company and are anticipating that the company will post $0.19 earnings per share for the current quarter, according to Zacks.
Blackrock Inv Limited Liability invested in 0% or 171,064 shares. This represents a $0.72 annualized dividend and a yield of 8.48%. The ex-dividend date is Wednesday, June 28th. Independence Realty Trust earned a news sentiment score of 0.26 on AlphaOne's scale. "Has $607,000 Stake in Acadia Realty Trust (AKR)" was reported by Stock Observer and is owned by of Stock Observer. The Company is focused on the ownership, acquisition, development and management of retail properties located in the United States.
