Curi RMB Capital LLC Has $11.24 Million Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Curi RMB Capital LLC boosted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 2.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 97,727 shares of the real estate investment trust’s stock after acquiring an additional 2,038 shares during the quarter. Curi RMB Capital LLC owned 0.12% of Federal Realty Investment Trust worth $11,236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FRT. Vanguard Group Inc. raised its stake in shares of Federal Realty Investment Trust by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 12,731,109 shares of the real estate investment trust’s stock worth $1,300,101,000 after purchasing an additional 193,740 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in Federal Realty Investment Trust by 4.7% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock valued at $201,355,000 after acquiring an additional 90,395 shares in the last quarter. ProShare Advisors LLC lifted its stake in Federal Realty Investment Trust by 2.2% in the second quarter. ProShare Advisors LLC now owns 1,732,026 shares of the real estate investment trust’s stock valued at $174,883,000 after acquiring an additional 36,880 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Federal Realty Investment Trust by 0.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,138,967 shares of the real estate investment trust’s stock worth $115,000,000 after acquiring an additional 8,933 shares in the last quarter. Finally, Westwood Holdings Group Inc. increased its stake in shares of Federal Realty Investment Trust by 571.1% during the 2nd quarter. Westwood Holdings Group Inc. now owns 642,446 shares of the real estate investment trust’s stock worth $64,868,000 after purchasing an additional 546,711 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Donald C. Wood sold 5,937 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $116.47, for a total transaction of $691,482.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Federal Realty Investment Trust Stock Down 0.6 %

Shares of FRT opened at $113.35 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The company has a 50-day simple moving average of $113.67 and a 200-day simple moving average of $108.50. Federal Realty Investment Trust has a 52 week low of $90.84 and a 52 week high of $118.34. The firm has a market capitalization of $9.40 billion, a P/E ratio of 32.95, a P/E/G ratio of 2.15 and a beta of 1.24.

Federal Realty Investment Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be issued a $1.10 dividend. The ex-dividend date is Thursday, January 2nd. This represents a $4.40 annualized dividend and a yield of 3.88%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 127.91%.

Analyst Ratings Changes

A number of brokerages recently issued reports on FRT. Raymond James upped their price objective on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, August 16th. Evercore ISI increased their price objective on Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, September 16th. Mizuho boosted their target price on Federal Realty Investment Trust from $104.00 to $116.00 and gave the stock a “neutral” rating in a report on Monday, August 19th. Piper Sandler increased their price target on Federal Realty Investment Trust from $122.00 to $135.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Finally, Truist Financial boosted their price objective on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $122.85.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.