Sumitomo Mitsui Trust Group Inc. Purchases 43,685 Shares of Federal Realty Investment Trust $FRT

Sumitomo Mitsui Trust Group Inc. grew its position in Federal Realty Investment Trust (NYSE:FRT) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 436,018 shares of the real estate investment trust’s stock after buying an additional 43,685 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Federal Realty Investment Trust were worth $43,951,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Equitable Holdings Inc. lifted its holdings in shares of 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 purchasing an additional 105 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings 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 valued at $66,000 after purchasing an additional 109 shares in the last quarter. Fort Point Capital Partners LLC lifted its holdings in shares of Federal Realty Investment Trust by 1.4% in the third quarter. Fort Point Capital Partners LLC now owns 7,757 shares of the real estate investment trust’s stock valued at $786,000 after purchasing an additional 110 shares in the last quarter. Ethic Inc. lifted its holdings in shares of Federal Realty Investment Trust by 3.3% in the third quarter. Ethic Inc. now owns 3,987 shares of the real estate investment trust’s stock valued at $404,000 after purchasing an additional 126 shares in the last quarter. Finally, True Wealth Design LLC lifted its holdings in shares of Federal Realty Investment Trust by 88.7% in the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on FRT. Truist Financial upped their target price on Federal Realty Investment Trust from $111.00 to $112.00 and gave the stock a “hold” rating in a report on Monday, March 23rd. Scotiabank upped their target price on Federal Realty Investment Trust from $113.00 to $118.00 and gave the stock a “sector outperform” rating in a report on Tuesday, March 24th. Evercore set a $107.00 target price on Federal Realty Investment Trust in a report on Tuesday, February 17th. Wells Fargo & Company upped their target price on Federal Realty Investment Trust from $113.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Finally, Weiss Ratings upgraded Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.43.

Federal Realty Investment Trust Stock Performance

FRT opened at $110.09 on Thursday. Federal Realty Investment Trust has a 52-week low of $89.99 and a 52-week high of $110.89. The firm has a market capitalization of $9.51 billion, a PE ratio of 23.57, a PEG ratio of 4.84 and a beta of 0.98. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. The business’s 50-day simple moving average is $106.67 and its 200 day simple moving average is $101.94.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The company had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. During the same quarter in the previous year, the company posted $1.73 EPS. The business’s revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, sell-side analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were given a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 1st. Federal Realty Investment Trust’s payout ratio is 96.79%.

Federal Realty Investment Trust 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.