Teacher Retirement System of Texas Has $1.17 Million Holdings in Federal Realty Investment Trust $FRT

Teacher Retirement System of Texas raised its position in Federal Realty Investment Trust (NYSE:FRT) by 7.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,335 shares of the real estate investment trust’s stock after buying an additional 886 shares during the period. Teacher Retirement System of Texas’ holdings in Federal Realty Investment Trust were worth $1,172,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in Federal Realty Investment Trust by 1.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,302,823 shares of the real estate investment trust’s stock valued at $127,442,000 after buying an additional 17,634 shares in the last quarter. Northern Trust Corp boosted its position in Federal Realty Investment Trust by 3.6% in the first quarter. Northern Trust Corp now owns 1,279,688 shares of the real estate investment trust’s stock valued at $125,179,000 after buying an additional 44,935 shares in the last quarter. PGGM Investments boosted its position in Federal Realty Investment Trust by 23.7% in the second quarter. PGGM Investments now owns 1,245,342 shares of the real estate investment trust’s stock valued at $118,295,000 after buying an additional 238,679 shares in the last quarter. Centersquare Investment Management LLC boosted its position in Federal Realty Investment Trust by 16.2% in the first quarter. Centersquare Investment Management LLC now owns 1,211,041 shares of the real estate investment trust’s stock valued at $118,464,000 after buying an additional 169,025 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Federal Realty Investment Trust by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,169,217 shares of the real estate investment trust’s stock worth $114,370,000 after acquiring an additional 3,419 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FRT. Mizuho boosted their target price on shares of Federal Realty Investment Trust from $96.00 to $100.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their target price on shares of Federal Realty Investment Trust from $108.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 27th. Evercore ISI dropped their target price on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating for the company in a research note on Monday. Barclays boosted their target price on shares of Federal Realty Investment Trust from $112.00 to $113.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft set a $105.00 target price on shares of Federal Realty Investment Trust and gave the stock a “hold” rating in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus target price of $108.46.

Federal Realty Investment Trust Stock Up 0.2%

Shares of NYSE:FRT opened at $96.21 on Thursday. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $118.09. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.14 and a current ratio of 2.14. The company has a market capitalization of $8.30 billion, a PE ratio of 24.36, a PEG ratio of 3.78 and a beta of 1.14. The company has a 50 day moving average price of $99.21 and a two-hundred day moving average price of $96.46.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.19%. The firm had revenue of $322.25 million during the quarter, compared to the consensus estimate of $318.73 million. During the same quarter in the prior year, the firm earned $1.71 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be issued a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is 114.72%.

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.