12,800 Shares in Federal Realty Investment Trust $FRT Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Federal Realty Investment Trust (NYSE:FRT) during the second quarter, Holdings Channel reports. The fund bought 12,800 shares of the real estate investment trust’s stock, valued at approximately $1,580,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its stake in Federal Realty Investment Trust by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 514 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Federal Realty Investment Trust by 43.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after purchasing an additional 184,557 shares during the period. Empowered Funds LLC grew its holdings in shares of Federal Realty Investment Trust by 12.5% during the 1st quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock worth $310,000 after purchasing an additional 355 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Federal Realty Investment Trust during the 2nd quarter worth approximately $2,895,000. Finally, EverSource Wealth Advisors LLC increased its position in Federal Realty Investment Trust by 18.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

FRT has been the topic of a number of recent research reports. Citigroup lifted their price target on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 target price on the stock in a research note on Friday, May 29th. Raymond James Financial restated an “outperform” rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a report on Monday, June 29th. Scotiabank increased their price target on Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, May 19th. Finally, Jefferies Financial Group upgraded Federal Realty Investment Trust to a “strong-buy” rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.75.

Federal Realty Investment Trust Stock Down 0.3%

Shares of NYSE:FRT opened at $114.46 on Friday. The company has a market capitalization of $9.89 billion, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 2.83 and a beta of 0.91. The company has a 50 day moving average of $120.15 and a two-hundred day moving average of $115.93. Federal Realty Investment Trust has a 52-week low of $90.03 and a 52-week high of $128.21. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.46.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The firm had revenue of $335.71 million for the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.91 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, analysts forecast that Federal Realty Investment Trust will post 7.54 earnings per share for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, October 1st. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s dividend payout ratio is currently 91.31%.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio includes shopping centers and properties that combine retail, dining, residential, office and other uses, with an emphasis on locations in affluent and densely populated communities.

The company’s properties are concentrated in major metropolitan markets along the East Coast, in California and in South Florida.