Robeco Institutional Asset Management B.V. boosted its stake in Federal Realty Investment Trust (NYSE:FRT – Free Report) by 38.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 133,285 shares of the real estate investment trust’s stock after buying an additional 36,947 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Federal Realty Investment Trust were worth $14,433,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of FRT. SJS Investment Consulting Inc. lifted its position in Federal Realty Investment Trust by 72.4% during the first quarter. SJS Investment Consulting Inc. now owns 362 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 152 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Federal Realty Investment Trust by 64.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 370 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 145 shares during the last quarter. Contravisory Investment Management Inc. acquired a new position in shares of Federal Realty Investment Trust in the first quarter valued at approximately $81,000. Harbor Investment Advisory LLC acquired a new position in shares of Federal Realty Investment Trust in the second quarter valued at approximately $123,000. Finally, Pension & Wealth Management Advisors Inc. increased its stake in shares of Federal Realty Investment Trust by 12.4% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,045 shares of the real estate investment trust’s stock worth $113,000 after purchasing an additional 115 shares during the period. 93.86% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts recently weighed in on FRT shares. Barclays dropped their price target on Federal Realty Investment Trust from $123.00 to $118.00 and set an “equal weight” rating for the company in a report on Monday, September 28th. Citigroup upped their price objective on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Mizuho lowered their price objective on Federal Realty Investment Trust from $130.00 to $117.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. Raymond James Financial reiterated an “outperform” rating and set a $135.00 price objective on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. Finally, Truist Financial started coverage on Federal Realty Investment Trust in a report on Thursday, October 1st. They set a “hold” rating and a $116.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Federal Realty Investment Trust presently has an average rating of “Moderate Buy” and a consensus target price of $124.62.
Read Our Latest Stock Report on Federal Realty Investment Trust
Federal Realty Investment Trust Stock Performance
NYSE FRT opened at $108.76 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $9.40 billion, a P/E ratio of 14.77, a P/E/G ratio of 2.72 and a beta of 0.93. Federal Realty Investment Trust has a 12-month low of $90.03 and a 12-month high of $128.21. The firm has a 50-day moving average price of $111.76 and a two-hundred day moving average price of $116.31.
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last announced its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) 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 $335.71 million for the quarter, compared to analyst estimates of $331.92 million. During the same quarter in the previous year, the company earned $1.91 EPS. The business’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. Analysts anticipate that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.
Federal Realty Investment Trust Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 4.3%. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. The ex-dividend date was Thursday, October 1st. Federal Realty Investment Trust’s dividend payout ratio is presently 93.74%.
Insider Transactions at Federal Realty Investment Trust
In related news, Director Nicole Lamb-Hale sold 1,500 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $108.89, for a total transaction of $163,335.00. Following the sale, the director owned 4,613 shares of the company’s stock, valued at $502,309.57. This represents a 24.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.10% of the stock is owned by corporate insiders.
Federal Realty Investment Trust Company Profile
Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates and redevelops high-quality retail and mixed-use properties. Its portfolio includes shopping centers, street retail, and mixed-use developments that combine retail, residential, office and hospitality uses.
The company focuses on densely populated, affluent communities and prominent locations in major metropolitan markets. Its properties are concentrated in regions including the Northeast, Mid-Atlantic, California and South Florida, and are leased to a broad range of retailers, restaurants, service providers and other commercial tenants.
Founded in 1962, Federal Realty has developed and managed properties designed to serve both local communities and national retailers.
Featured Articles
- Five stocks we like better than Federal Realty Investment Trust
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRT – Free Report).
Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
