Stifel Financial Corp Sells 3,014 Shares of Federal Realty Investment Trust (NYSE:FRT)

Stifel Financial Corp cut its stake in Federal Realty Investment Trust (NYSE:FRTFree Report) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,724 shares of the real estate investment trust’s stock after selling 3,014 shares during the period. Stifel Financial Corp owned approximately 0.07% of Federal Realty Investment Trust worth $6,258,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of Federal Realty Investment Trust by 20.3% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 574 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 97 shares during the period. State of Michigan Retirement System boosted its position in Federal Realty Investment Trust by 0.5% during the 4th quarter. State of Michigan Retirement System now owns 20,162 shares of the real estate investment trust’s stock worth $2,078,000 after acquiring an additional 100 shares during the last quarter. Treasurer of the State of North Carolina grew its stake in shares of Federal Realty Investment Trust by 0.4% during the 3rd quarter. Treasurer of the State of North Carolina now owns 36,527 shares of the real estate investment trust’s stock worth $3,310,000 after acquiring an additional 130 shares in the last quarter. Mariner LLC raised its holdings in shares of Federal Realty Investment Trust by 2.2% in the third quarter. Mariner LLC now owns 6,264 shares of the real estate investment trust’s stock valued at $568,000 after purchasing an additional 134 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in shares of Federal Realty Investment Trust by 57.7% in the third quarter. Parkside Financial Bank & Trust now owns 421 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 154 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

FRT has been the subject of a number of analyst reports. Evercore ISI decreased their target price on shares of Federal Realty Investment Trust from $115.00 to $114.00 and set an “outperform” rating for the company in a research report on Friday, May 3rd. Truist Financial lowered their target price on Federal Realty Investment Trust from $117.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, May 20th. Mizuho increased their price target on Federal Realty Investment Trust from $101.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, May 23rd. Bank of America boosted their price target on Federal Realty Investment Trust from $118.00 to $124.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Finally, Scotiabank increased their price objective on Federal Realty Investment Trust from $109.00 to $112.00 and gave the company a “sector outperform” rating in a report on Thursday, May 16th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.00.

View Our Latest Analysis on Federal Realty Investment Trust

Federal Realty Investment Trust Trading Down 1.0 %

Shares of Federal Realty Investment Trust stock opened at $101.01 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.69 and a quick ratio of 1.69. The business has a fifty day simple moving average of $100.97 and a two-hundred day simple moving average of $100.85. Federal Realty Investment Trust has a 1 year low of $85.59 and a 1 year high of $107.61. The company has a market capitalization of $8.38 billion, a price-to-earnings ratio of 35.95, a P/E/G ratio of 2.03 and a beta of 1.21.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 21st will be issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Friday, June 21st. Federal Realty Investment Trust’s payout ratio is 155.16%.

About Federal Realty Investment Trust

(Free Report)

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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