Renaissance Technologies LLC Invests $1.52 Million in Federal Realty Investment Trust $FRT

Renaissance Technologies LLC bought a new stake in shares of Federal Realty Investment Trust (NYSE:FRT) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,300 shares of the real estate investment trust’s stock, valued at approximately $1,519,000.

Other hedge funds also recently added to or reduced their stakes in the company. Danske Bank A S increased its holdings in shares of 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 valued at $71,000 after purchasing an additional 100 shares in the last quarter. New Mexico Educational Retirement Board grew its position in Federal Realty Investment Trust by 2.8% during the fourth quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock valued at $368,000 after buying an additional 100 shares during the period. Kestra Private Wealth Services LLC increased 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 valued at $388,000 after buying an additional 103 shares in the last quarter. Equitable Holdings Inc. increased 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 valued at $315,000 after buying an additional 105 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised 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 acquiring an additional 109 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Price Performance

Shares of FRT stock opened at $117.17 on Thursday. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market capitalization of $10.12 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 2.69 and a beta of 0.93. The firm’s 50-day moving average is $122.76 and its two-hundred day moving average is $113.98. Federal Realty Investment Trust has a 12 month low of $90.03 and a 12 month high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.88). The firm had revenue of $335.71 million for the quarter, compared to analysts’ expectations of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Analysts predict that Federal Realty Investment Trust will post 7.53 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a dividend of $1.16 per share. The ex-dividend date is Thursday, October 1st. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.0%. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 93.74%.

Wall Street Analysts Forecast Growth

FRT has been the subject of a number of research analyst reports. Raymond James Financial reissued an “outperform” rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a report on Monday, June 29th. Mizuho set a $130.00 price target on Federal Realty Investment Trust and gave the stock an “outperform” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. increased their price objective on Federal Realty Investment Trust from $115.00 to $124.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Scotiabank lifted their target price on shares of Federal Realty Investment Trust from $118.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 19th. Finally, Barclays upped their target price 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. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $128.25.

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.