Sei Investments Co. raised its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 18.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,317 shares of the real estate investment trust’s stock after buying an additional 21,765 shares during the period. Sei Investments Co. owned 0.19% of Federal Realty Investment Trust worth $17,482,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Franklin Parlapiano Turner & Welch LLC purchased a new position in Federal Realty Investment Trust during the first quarter valued at about $126,000. Alexandria Capital LLC increased its stake in Federal Realty Investment Trust by 1.4% in the first quarter. Alexandria Capital LLC now owns 1,187 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 16 shares during the last quarter. Global X Management Co. LLC increased its stake in Federal Realty Investment Trust by 30.6% in the first quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock valued at $166,000 after buying an additional 292 shares during the last quarter. IFP Advisors Inc increased its stake in Federal Realty Investment Trust by 0.3% in the first quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock valued at $205,000 after buying an additional 4 shares during the last quarter. Finally, Pacer Advisors Inc. increased its stake in Federal Realty Investment Trust by 3.6% in the first quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock valued at $213,000 after buying an additional 55 shares during the last quarter. 93.71% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust (NYSE:FRT) opened at 133.64 on Friday. The stock has a market capitalization of $9.66 billion, a P/E ratio of 38.70 and a beta of 0.29. Federal Realty Investment Trust has a 12 month low of $120.50 and a 12 month high of $167.77. The firm’s 50-day moving average is $128.10 and its 200 day moving average is $132.32.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.03. The firm had revenue of $208 million during the quarter, compared to analyst estimates of $208.33 million. Federal Realty Investment Trust had a net margin of 30.40% and a return on equity of 10.91%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 earnings per share. On average, equities analysts anticipate that Federal Realty Investment Trust will post $3.23 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 22nd will be issued a $1.00 dividend. The ex-dividend date of this dividend is Thursday, September 21st. This represents a $4.00 annualized dividend and a yield of 2.99%. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio is presently 113.62%.

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A number of research analysts recently issued reports on FRT shares. Citigroup Inc. restated a “buy” rating and set a $156.00 target price (down from $160.00) on shares of Federal Realty Investment Trust in a research report on Sunday, June 11th. BidaskClub upgraded shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Jefferies Group LLC reiterated a “hold” rating and issued a $136.00 price objective on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. Seaport Global Securities reiterated a “buy” rating on shares of Federal Realty Investment Trust in a research report on Thursday, April 27th. Finally, Bank of America Corporation raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $140.00 to $146.00 in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. Federal Realty Investment Trust has an average rating of “Buy” and an average target price of $151.00.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). 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.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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