Schonfeld Strategic Advisors Adds $19M in Acadia Realty Trust ($AKR)
Key Points
- Schonfeld Strategic Advisors changed its Acadia Realty Trust ($AKR) stake by 2624.71% last quarter, boosting to 932,559 shares worth $19.79 million.
- Wall Street's consensus rating on $AKR is Strong Buy and an average price target of $24.75.
- $AKR last traded around $21.22.
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Schonfeld Strategic Advisors increased its position in Acadia Realty Trust ($AKR) by 2624.71% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 932,559 shares of Acadia Realty Trust after buying 898,333 shares during the quarter. Schonfeld Strategic Advisors's holdings in Acadia Realty Trust were worth $19.79 million as of its most recent filing.
Acadia Realty Trust Stock Up 2.4%
Shares of Acadia Realty Trust ($AKR) traded around $21.22 on Saturday, up 2.4% for the day.
Acadia Realty Trust Earnings
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Analysts Set New Price Targets
About Acadia Realty Trust
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth. Acadia owns and operates a high-quality real estate portfolio of street and open-air retail properties in the nation's most dynamic retail corridors, along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles. Acadia Realty Trust was established in 1993 and was incorporated in Maryland.
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