California State Teachers Retirement System Increases Stake in Federal Realty Investment Trust $FRT

California State Teachers Retirement System increased its stake in Federal Realty Investment Trust (NYSE:FRT) by 22.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 95,680 shares of the real estate investment trust’s stock after acquiring an additional 17,260 shares during the period. California State Teachers Retirement System’s holdings in Federal Realty Investment Trust were worth $10,162,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Park Square Financial Group LLC purchased a new position in Federal Realty Investment Trust during the fourth quarter worth approximately $25,000. Turning Point Benefit Group Inc. boosted its holdings in shares of Federal Realty Investment Trust by 1,853.8% in the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 241 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Federal Realty Investment Trust by 937.5% during the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 300 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Federal Realty Investment Trust during the 3rd quarter valued at $35,000. Finally, SJS Investment Consulting Inc. increased its holdings in shares of Federal Realty Investment Trust by 72.4% during the 1st quarter. SJS Investment Consulting Inc. now owns 362 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 152 shares during the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock opened at $123.71 on Tuesday. The company has a current ratio of 1.70, a quick ratio of 1.64 and a debt-to-equity ratio of 1.46. The company has a market cap of $10.69 billion, a PE ratio of 24.99, a P/E/G ratio of 2.95 and a beta of 0.93. The company’s fifty day simple moving average is $122.91 and its 200-day simple moving average is $113.17. Federal Realty Investment Trust has a 52 week low of $90.03 and a 52 week high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.The business had revenue of $338.39 million for the quarter, compared to analysts’ expectations of $331.92 million. During the same period last year, the company posted $1.91 earnings per share. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, equities research analysts anticipate that Federal Realty Investment Trust will post 7.52 EPS for the current year.

Federal Realty Investment Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a dividend of $1.16 per share. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. This represents a $4.64 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Thursday, October 1st. Federal Realty Investment Trust’s payout ratio is presently 93.74%.

Analyst Ratings Changes

Several brokerages recently weighed in on FRT. Mizuho set a $130.00 target price on Federal Realty Investment Trust and gave the stock an “outperform” rating in a research report on Monday, June 1st. Barclays boosted their price target on Federal Realty Investment Trust from $116.00 to $120.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Truist Financial upped their price target on Federal Realty Investment Trust from $112.00 to $118.00 and gave the stock a “hold” rating in a research note on Friday, June 5th. UBS Group raised their price objective on Federal Realty Investment Trust from $118.00 to $127.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $135.00 price objective on shares of Federal Realty Investment Trust in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $127.62.

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.