Federal Realty Investment Trust $FRT Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its holdings in Federal Realty Investment Trust (NYSE:FRT) by 32.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,311 shares of the real estate investment trust’s stock after purchasing an additional 1,553 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Federal Realty Investment Trust were worth $600,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC boosted its stake in shares of Federal Realty Investment Trust by 18.2% in the 1st quarter. Exchange Traded Concepts LLC now owns 845 shares of the real estate investment trust’s stock valued at $83,000 after buying an additional 130 shares during the period. Amalgamated Bank boosted its stake in Federal Realty Investment Trust by 1.0% in the first quarter. Amalgamated Bank now owns 15,284 shares of the real estate investment trust’s stock valued at $1,495,000 after acquiring an additional 146 shares in the last quarter. KBC Group NV lifted its stake in Federal Realty Investment Trust by 5.6% in the first quarter. KBC Group NV now owns 2,844 shares of the real estate investment trust’s stock valued at $278,000 after buying an additional 151 shares during the last quarter. Allworth Financial LP increased its stake in Federal Realty Investment Trust by 8.3% in the first quarter. Allworth Financial LP now owns 2,214 shares of the real estate investment trust’s stock valued at $211,000 after purchasing an additional 170 shares during the period. Finally, TD Asset Management Inc increased its stake in Federal Realty Investment Trust by 1.3% in the 1st quarter. TD Asset Management Inc now owns 13,528 shares of the real estate investment trust’s stock valued at $1,323,000 after buying an additional 178 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $100.26 on Wednesday. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.14 and a quick ratio of 2.14. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $118.09. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 25.38, a PEG ratio of 3.94 and a beta of 1.15. The business has a 50-day moving average of $98.93 and a 200-day moving average of $95.80.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $1.91 EPS for the quarter, topping the consensus estimate of $1.73 by $0.18. The firm had revenue of $302.48 million for the quarter, compared to analyst estimates of $309.25 million. Federal Realty Investment Trust had a return on equity of 11.19% and a net margin of 28.01%.Federal Realty Investment Trust’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.69 EPS. On average, equities analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, October 1st were paid a dividend of $1.13 per share. This is a positive change from Federal Realty Investment Trust’s previous quarterly dividend of $1.10. The ex-dividend date was Wednesday, October 1st. This represents a $4.52 dividend on an annualized basis and a yield of 4.5%. Federal Realty Investment Trust’s payout ratio is currently 114.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FRT shares. Mizuho lifted their price objective on Federal Realty Investment Trust from $96.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. LADENBURG THALM/SH SH raised shares of Federal Realty Investment Trust to a “strong-buy” rating in a research note on Tuesday, September 9th. Evercore ISI decreased their price objective on Federal Realty Investment Trust from $107.00 to $106.00 and set an “in-line” rating on the stock in a report on Friday. Wells Fargo & Company assumed coverage on Federal Realty Investment Trust in a report on Tuesday. They set an “overweight” rating and a $113.00 price objective for the company. Finally, Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and an average target price of $109.29.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.