Acadia Realty Trust (KR) Files Form 4 Insider Selling : Christopher Conlon Sells 15,000 Shares

Acadia Realty Trust (KR): Christopher Conlon , Executive Vice President of Acadia Realty Trust sold 15,000 shares on May 6, 2016. The Insider selling transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were sold at $35.43 per share for a total value of $531,450.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 11, 2016, Ronald Sargent (director) sold 3,000 shares at $38.09 per share price.On Apr 7, 2016, Michael Joseph Donnelly (Executive Vice President) sold 10,000 shares at $39.00 per share price.Also, On Apr 7, 2016, Oflen Mary Elizabeth Van (Vice President & Controller) sold 12,000 shares at $38.75 per share price.On Mar 14, 2016, J Michael Schlotman (Executive Vice President) sold 17,230 shares at $38.48 per share price.

Shares of The Kroger Co (KR) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -1.06% at $34.55 with 50,42,737 shares getting traded. Post opening the session at $34.89, the shares hit an intraday low of $34.225 and an intraday high of $34.99 and the price vacillated in this range throughout the day. The company has a market cap of $33,254 M and the number of outstanding shares has been calculated to be 96,24,80,230 shares. The 52-week high of The Kroger Co is $42.75 and the 52-week low is $27.32.

The Kroger Co Money Flow Index Chart

On Mar 10, 2016, The Kroger Co announced a cash dividend of $0.1050. The company’s management has announced May 11, 2016 as the ex-dividend date and fixed the record date on May 13, 2016. The payable date has been fixed on Jun 1, 2016.

Company has been under the radar of several Street Analysts.The Kroger Co is Initiated by Sun Trust Rbsn Humphrey to Neutral and the brokerage firm has set the Price Target at $39. The Rating was issued on May 3, 2016.The Kroger Co is Reiterated by Pivotal Research Group to Buy while Lowering the Price Target of the company shares to $ 44 from a previous price target of $46 . The Rating was issued on Mar 4, 2016.The Kroger Co is Downgraded by Macquarie to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 4, 2016.The Kroger Co is Initiated by Stifel to Buy and the brokerage firm has set the Price Target at $45. The Rating was issued on Feb 12, 2016.

The Kroger Co. (Kroger) operates retail food and drug stores multi-department stores jewelry stores and convenience stores throughout the United States. The Company also manufactures and processes some of the food for sale in its supermarkets. The Company operated either directly or through its subsidiaries approximately 2625 supermarkets and multi-department stores approximately 1330 of which had fuel centers. Approximately 48% of these supermarkets were operated in Company-owned facilities including some Company-owned buildings on leased land. The Company operates its 2640 supermarket and multi-department stores under banners including Kroger City Market Dillons Food 4 Less Fred Meyer Fry’s Harris Teeter Jay C King Soopers QFC Ralphs and Smith’s. Of these stores 1330 have fuel centers. The Company also operates 782 convenience stores either directly or through franchisees 326 fine jewelry stores and an online retailer.

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The Kroger Co - Is it time to Sell?

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