Capital Fund Management S.A. Invests $1.65 Million in Federal Realty Investment Trust $FRT

Capital Fund Management S.A. purchased a new position in Federal Realty Investment Trust (NYSE:FRT) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,325 shares of the real estate investment trust’s stock, valued at approximately $1,646,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hilltop National Bank bought a new stake in shares of Federal Realty Investment Trust in the second quarter worth about $28,000. GKV Capital Management Co. Inc. purchased a new stake in shares of Federal Realty Investment Trust in the first quarter valued at $30,000. Spire Wealth Management raised its position in Federal Realty Investment Trust by 365.3% in the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 263 shares during the period. Federated Hermes Inc. raised its holdings in shares of Federal Realty Investment Trust by 143.9% in the first 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 period. Finally, Dagco Inc. purchased a new stake in Federal Realty Investment Trust in the first quarter worth $34,000. Institutional investors own 93.86% of the company’s stock.

Wall Street Analyst Weigh In

FRT has been the subject of several research analyst reports. Wells Fargo & Company started coverage on shares of Federal Realty Investment Trust in a research note on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price target for the company. Deutsche Bank Aktiengesellschaft set a $105.00 price target on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a research report on Tuesday, October 7th. Scotiabank raised their price objective on Federal Realty Investment Trust from $113.00 to $114.00 and gave the stock an “outperform” rating in a research report on Thursday, August 28th. Barclays reiterated an “equal weight” rating and issued a $106.00 target price (down from $113.00) on shares of Federal Realty Investment Trust in a research note on Tuesday, November 18th. Finally, Stifel Nicolaus set a $104.50 price target on Federal Realty Investment Trust in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $108.25.

Federal Realty Investment Trust Trading Down 0.8%

FRT stock opened at $97.07 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. The business’s 50-day moving average is $97.98 and its 200 day moving average is $96.79. The stock has a market cap of $8.37 billion, a price-to-earnings ratio of 24.64, a PEG ratio of 3.60 and a beta of 1.01. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $116.10.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data 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 return on equity of 11.12% and a net margin of 27.65%.The firm had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. During the same period in the prior year, the company earned $1.71 EPS. The firm’s 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. On average, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal 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 given a $1.13 dividend. The ex-dividend date is Friday, January 2nd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.7%. Federal Realty Investment Trust’s dividend payout ratio is 114.72%.

About Federal Realty Investment Trust

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.