Federal Realty Investment Trust $FRT Holdings Decreased by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 7.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 119,562 shares of the real estate investment trust’s stock after selling 9,636 shares during the period. Truist Financial Corp’s holdings in Federal Realty Investment Trust were worth $12,052,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Danske Bank A S boosted its position in Federal Realty Investment Trust by 16.7% during the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 100 shares during the period. Kestra Private Wealth Services LLC increased its holdings in shares of Federal Realty Investment Trust by 2.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock valued at $388,000 after purchasing an additional 103 shares during the period. Equitable Holdings Inc. lifted its position in shares of Federal Realty Investment Trust by 3.5% in the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 105 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Federal Realty Investment Trust by 18.8% in the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 109 shares in the last quarter. Finally, Fort Point Capital Partners LLC boosted its holdings in shares of Federal Realty Investment Trust by 1.4% during the third quarter. Fort Point Capital Partners LLC now owns 7,757 shares of the real estate investment trust’s stock worth $786,000 after purchasing an additional 110 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Trading Down 1.0%

NYSE:FRT opened at $115.63 on Friday. The stock’s 50 day moving average price is $108.34 and its 200 day moving average price is $103.33. Federal Realty Investment Trust has a 52 week low of $89.99 and a 52 week high of $117.22. The company has a market capitalization of $9.99 billion, a P/E ratio of 20.07, a P/E/G ratio of 4.53 and a beta of 0.92. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.67 and a current ratio of 1.64.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). Federal Realty Investment Trust had a net margin of 38.63% and a return on equity of 15.99%. The business had revenue of $336.05 million during the quarter, compared to analyst estimates of $327.65 million. During the same quarter last year, the firm earned $1.73 earnings per share. Federal Realty Investment Trust’s revenue was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, research analysts forecast that Federal Realty Investment Trust will post 7.51 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a $1.13 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $4.52 dividend on an annualized basis and a yield of 3.9%. Federal Realty Investment Trust’s dividend payout ratio is currently 78.47%.

Analysts Set New Price Targets

A number of research analysts recently commented on FRT shares. Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday, January 9th. Piper Sandler lifted their target price on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Evercore set a $110.00 price target on shares of Federal Realty Investment Trust in a report on Monday. Citigroup upped their price target on shares of Federal Realty Investment Trust from $106.00 to $120.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Barclays cut their price objective on Federal Realty Investment Trust from $109.00 to $107.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $113.13.

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.