Stocks That Fell to 3-Year Lows in the Week of Dec. 1

- By Shuda Xia

Acadia Realty Trust (AKR), Alexander & Baldwin Inc. (ALEX), DDR Corp. (DDR), and National Grid PLC (NGG) have declined to their three-year lows.

Acadia Realty Trust (AKR) declined to $27.68

The prices of Acadia Realty Trust (AKR) shares have declined to $27.68 on Dec. 1, which is only 3.5% above the 3-year low of $26.70.


Acadia Realty Trust is an American equity real estate investment trust that focuses on delivering growth via both its core and fund operating platforms. The company has a concentration of assets in important urban and street-retail corridors such as those in New York, San Francisco, Chicago, Washington DC, and Boston.

Acadia Realty Trust has a market cap of $2.32 billion; its shares were traded around $27.68 with a P/E ratio of 39.57 and P/S ratio of 9.71. The trailing 12-month dividend yield of Acadia Realty Trust stocks is 3.74%. The forward dividend yield of Acadia Realty Trust stocks is 3.85%. Acadia Realty Trust had an annual average earnings growth of 1.00% over the past 10 years.

On Nov. 8 Acadia Realty Trust announced that its Board of Trustees has declared a cash dividend of $0.27 per common share payable on Jan. 12, 2018, to shareholders of record at the close of business on Dec. 29, 2017. This is an increase of 3.8% compared to prior quarter"s cash dividend of $0.26 per share.

Alexander & Baldwin Inc. (ALEX) declined to $29.12

The prices of Alexander & Baldwin Inc. (ALEX) shares have declined to $29.12 on Dec. 1, which is only 2.1% above the 3-year low of $28.51.

Alexander & Baldwin Inc. an American real estate and agriculture company that operates businesses in sugarcane cultivation, real estate, and diversified agriculture. The company is the state of Hawaii"s largest private landowner, owning over 87,000 acres throughout the state. The company also owns 47 income properties in both Hawaii and the continental United States.

Alexander & Baldwin Inc. has a market cap of $1.43 billion; its shares were traded around $29.12 with a P/E ratio of 78.68 and P/S ratio of 3.50. The trailing 12-month dividend yield of Alexander & Baldwin Inc. stocks is 0.97%. The forward dividend yield of Alexander & Baldwin Inc. stocks is 0.96%. Alexander & Baldwin Inc. had an annual average earnings growth of 29.70% over the past 5 years.

On Nov. 7 Alexander & Baldwin Inc. reported results for the third quarter of 2017. Diluted earnings per share from continuing operations was $0.15 for the quarter, compared to $0.24 for the third quarter prior year. Commercial real estate operating profit for the quarter was $13.6 million, compared to $13.5 million for the same quarter prior year. Cash proceeds of $13.6 million were generated from sales in the development portfolio during the quarter.