Swiss National Bank Has $14.78 Million Stake in Federal Realty Investment Trust $FRT

Swiss National Bank grew its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 155,600 shares of the real estate investment trust’s stock after acquiring an additional 7,500 shares during the period. Swiss National Bank owned 0.18% of Federal Realty Investment Trust worth $14,780,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Greenland Capital Management LP bought a new stake in shares of Federal Realty Investment Trust during the 2nd quarter valued at about $994,000. Wealthspire Advisors LLC lifted its stake in Federal Realty Investment Trust by 5.9% in the second quarter. Wealthspire Advisors LLC now owns 3,112 shares of the real estate investment trust’s stock valued at $296,000 after buying an additional 173 shares during the period. Vanguard Group Inc. lifted its stake in Federal Realty Investment Trust by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,273,108 shares of the real estate investment trust’s stock valued at $1,260,813,000 after buying an additional 244,854 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Federal Realty Investment Trust by 7.7% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 496,282 shares of the real estate investment trust’s stock worth $47,142,000 after buying an additional 35,447 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of Federal Realty Investment Trust by 3.3% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 130,243 shares of the real estate investment trust’s stock worth $12,372,000 after buying an additional 4,168 shares during the period. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of Federal Realty Investment Trust stock opened at $98.66 on Thursday. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $118.09. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 1.42. The business has a 50 day moving average price of $98.17 and a 200-day moving average price of $96.74. The company has a market cap of $8.51 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 3.78 and a beta of 1.14.

Federal Realty Investment Trust (NYSE:FRT) last announced its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a return on equity of 11.19% and a net margin of 28.01%.The company had revenue of $321.97 million for the quarter, compared to analysts’ expectations of $318.73 million. During the same quarter in the previous year, the firm earned $1.71 earnings per share. Federal Realty Investment Trust’s quarterly revenue was up 6.2% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be issued 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 is currently 114.72%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FRT. Evercore ISI dropped their target price on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. LADENBURG THALM/SH SH raised shares of Federal Realty Investment Trust to a “strong-buy” rating in a research note on Tuesday, September 9th. Scotiabank upped their price objective on shares of Federal Realty Investment Trust from $113.00 to $114.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Wall Street Zen cut shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Finally, Barclays restated an “equal weight” rating and issued a $106.00 target price (down from $113.00) on shares of Federal Realty Investment Trust in a research note on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $107.96.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.