Mizuho Markets Americas LLC boosted its position in Federal Realty Investment Trust (NYSE:FRT – Free Report) by 10.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,046 shares of the real estate investment trust’s stock after buying an additional 10,864 shares during the period. Mizuho Markets Americas LLC’s holdings in Federal Realty Investment Trust were worth $11,453,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of FRT. Jones Financial Companies Lllp raised its holdings in Federal Realty Investment Trust by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 514 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Federal Realty Investment Trust by 43.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after purchasing an additional 184,557 shares during the period. Empowered Funds LLC raised its stake in shares of Federal Realty Investment Trust by 12.5% during the 1st quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock worth $310,000 after buying an additional 355 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 1.1% in the 1st quarter. Voya Investment Management LLC now owns 22,959 shares of the real estate investment trust’s stock valued at $2,246,000 after buying an additional 254 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Federal Realty Investment Trust by 416.4% during the second quarter. Parallel Advisors LLC now owns 1,136 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 916 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on FRT shares. Barclays reissued a “positive” rating and issued a $107.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, January 13th. Truist Financial boosted their price objective on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a report on Tuesday, December 2nd. UBS Group set a $113.00 target price on shares of Federal Realty Investment Trust in a report on Wednesday. Evercore ISI reduced their price target on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating for the company in a research report on Monday, November 3rd. Finally, Jefferies Financial Group upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their price target for the stock from $101.00 to $115.00 in a report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average target price of $110.30.
Federal Realty Investment Trust Stock Up 1.9%
Shares of NYSE:FRT opened at $103.69 on Monday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $8.95 billion, a P/E ratio of 26.32, a P/E/G ratio of 3.71 and a beta of 1.01. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $111.82. The stock’s fifty day simple moving average is $99.55 and its 200-day simple moving average is $98.00.
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last issued its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.01. The business had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.71 earnings per share. 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 earnings per share for the current fiscal year.
Federal Realty Investment Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is presently 114.72%.
Federal Realty Investment Trust 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.
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