Ameritas Investment Partners Inc. Acquires 1,247 Shares of Federal Realty Investment Trust $FRT

Ameritas Investment Partners Inc. lifted its stake in Federal Realty Investment Trust (NYSE:FRT) by 15.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,163 shares of the real estate investment trust’s stock after purchasing an additional 1,247 shares during the period. Ameritas Investment Partners Inc.’s holdings in Federal Realty Investment Trust were worth $870,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wealthspire Advisors LLC grew its position in shares of Federal Realty Investment Trust by 5.9% in the 2nd quarter. Wealthspire Advisors LLC now owns 3,112 shares of the real estate investment trust’s stock worth $296,000 after buying an additional 173 shares during the period. TD Asset Management Inc increased its holdings 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 worth $1,323,000 after buying an additional 178 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Federal Realty Investment Trust by 4.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,183 shares of the real estate investment trust’s stock worth $507,000 after acquiring an additional 197 shares during the period. Federated Hermes Inc. boosted its stake in shares of Federal Realty Investment Trust by 143.9% in the 1st quarter. Federated Hermes Inc. now owns 339 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 200 shares during the last quarter. Finally, Yousif Capital Management LLC lifted its stake in shares of Federal Realty Investment Trust by 0.3% in the 2nd quarter. Yousif Capital Management LLC now owns 82,619 shares of the real estate investment trust’s stock worth $7,848,000 after purchasing an additional 210 shares during the period. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FRT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $105.00 price target on Federal Realty Investment Trust and gave the company a “hold” rating in a report on Tuesday, October 7th. Mizuho boosted their price objective on Federal Realty Investment Trust from $96.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Wells Fargo & Company initiated coverage on shares of Federal Realty Investment Trust in a report on Tuesday, October 21st. They issued an “overweight” rating and a $113.00 target price for the company. LADENBURG THALM/SH SH raised shares of Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Finally, Wall Street Zen lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.96.

Federal Realty Investment Trust Stock Performance

FRT opened at $98.66 on Friday. 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 stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 3.78 and a beta of 1.14. The company has a fifty day moving average of $98.14 and a 200 day moving average of $96.76. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.09.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, topping 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 business had revenue of $321.97 million for the quarter, compared to analysts’ expectations of $318.73 million. During the same quarter in the previous year, the company earned $1.71 EPS. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. As a group, sell-side analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.6%. The ex-dividend date is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is currently 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.