Healthcare of Ontario Pension Plan Trust Fund Has $4.77 Million Stock Holdings in Federal Realty Investment Trust $FRT

Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 661.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 44,932 shares of the real estate investment trust’s stock after buying an additional 39,029 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Federal Realty Investment Trust were worth $4,772,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FRT. Danske Bank A S grew its stake in shares of Federal Realty Investment Trust by 16.7% in the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock valued at $71,000 after buying an additional 100 shares during the period. New Mexico Educational Retirement Board raised its stake in Federal Realty Investment Trust by 2.8% during the 4th quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock worth $368,000 after buying an additional 100 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in Federal Realty Investment Trust by 2.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock worth $388,000 after acquiring an additional 103 shares in the last quarter. Equitable Holdings Inc. boosted its holdings in 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 acquiring an additional 105 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in 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 valued at $66,000 after acquiring an additional 109 shares during the period. Institutional investors own 93.86% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FRT shares. Wolfe Research began coverage on Federal Realty Investment Trust in a report on Wednesday, July 8th. They set an “outperform” rating and a $143.00 price objective for the company. Raymond James Financial reissued an “outperform” rating and issued a $135.00 price target on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. Jefferies Financial Group upgraded shares of Federal Realty Investment Trust to a “strong-buy” rating in a research note on Friday, June 26th. Barclays upped their price objective on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Finally, Truist Financial raised their price objective on shares of Federal Realty Investment Trust from $112.00 to $118.00 and gave the company a “hold” rating in a research note on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.62.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $125.66 on Thursday. The business’s fifty day simple moving average is $122.63 and its 200 day simple moving average is $112.71. The firm has a market capitalization of $10.86 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 3.00 and a beta of 0.93. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $128.21. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.51.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $4.52 annualized dividend and a dividend yield of 3.6%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 78.47%.

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.