Federal Realty Investment Trust (NYSE:FRT) Shares Gap Down – Should You Sell?

Federal Realty Investment Trust (NYSE:FRT) gapped down prior to trading on Friday . The stock had previously closed at $101.81, but opened at $99.35. Federal Realty Investment Trust shares last traded at $98.7160, with a volume of 18,888 shares changing hands.

Analysts Set New Price Targets

FRT has been the subject of a number of research reports. LADENBURG THALM/SH SH raised Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Wells Fargo & Company initiated coverage on shares of Federal Realty Investment Trust in a research report on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price target on the stock. Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Stifel Nicolaus set a $109.50 target price on shares of Federal Realty Investment Trust in a research report on Thursday, December 18th. Finally, JPMorgan Chase & Co. upgraded shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $107.00 to $114.00 in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $109.30.

Federal Realty Investment Trust Trading Down 1.8%

The firm’s fifty day simple moving average is $98.57 and its 200 day simple moving average is $97.48. The stock has a market capitalization of $8.54 billion, a P/E ratio of 25.14, a price-to-earnings-growth ratio of 3.70 and a beta of 1.01. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.60 and a current ratio of 1.60.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.01. The business had revenue of $321.97 million for the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $1.71 EPS. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. As a group, equities research analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be paid a $1.13 dividend. The ex-dividend date is Friday, January 2nd. This represents a $4.52 annualized dividend and a dividend yield of 4.6%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

Institutional Trading of Federal Realty Investment Trust

Several large investors have recently bought and sold shares of FRT. Norges Bank acquired a new position in Federal Realty Investment Trust during the second quarter worth about $690,507,000. AQR Capital Management LLC grew its holdings in shares of Federal Realty Investment Trust by 330.5% during the 3rd quarter. AQR Capital Management LLC now owns 841,483 shares of the real estate investment trust’s stock valued at $84,434,000 after purchasing an additional 646,036 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $51,156,000. GRS Advisors LLC bought a new position in Federal Realty Investment Trust in the 2nd quarter valued at approximately $47,517,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Federal Realty Investment Trust by 453.1% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 587,687 shares of the real estate investment trust’s stock valued at $59,539,000 after buying an additional 481,427 shares in the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.