Exchange Traded Concepts LLC Boosts Stock Holdings in Federal Realty Investment Trust $FRT

Exchange Traded Concepts LLC raised its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 93.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,028 shares of the real estate investment trust’s stock after acquiring an additional 6,764 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Federal Realty Investment Trust were worth $1,421,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FRT. Hilltop National Bank acquired a new position in Federal Realty Investment Trust in the 2nd quarter valued at $28,000. GKV Capital Management Co. Inc. acquired a new stake in Federal Realty Investment Trust in the 1st quarter valued at about $30,000. Spire Wealth Management lifted its position in Federal Realty Investment Trust by 365.3% during the second quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 263 shares in the last quarter. Loomis Sayles & Co. L P purchased a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth $41,000. Finally, Frazier Financial Advisors LLC acquired a new position in Federal Realty Investment Trust in the 2nd quarter valued at about $48,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FRT shares. LADENBURG THALM/SH SH upgraded shares of Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Federal Realty Investment Trust in a research report on Monday. Stifel Nicolaus set a $109.50 price target on Federal Realty Investment Trust in a report on Thursday, December 18th. Truist Financial raised their price objective on Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $101.00 to $115.00 in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $109.30.

Federal Realty Investment Trust Price Performance

FRT stock opened at $102.33 on Friday. The business’s fifty day moving average price is $98.50 and its 200 day moving average price is $97.34. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $113.00. 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 company has a market capitalization of $8.83 billion, a PE ratio of 25.97, a P/E/G ratio of 3.76 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.01. The company had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.Federal Realty Investment Trust’s revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.71 EPS. 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 year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be paid a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is presently 114.72%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust (NYSE: FRT) is a real estate investment trust specializing in the ownership, management, and redevelopment of high-quality retail, restaurant, and mixed-use properties. With a strategic focus on open-air shopping centers and lifestyle-oriented urban destinations, the company partners with leading national and regional retailers to curate environments that blend shopping, dining, entertainment, office, and residential uses. Its asset management capabilities extend from initial site selection and development through ongoing property operations and tenant relations.

Federal Realty’s portfolio comprises approximately 100 properties totaling more than 25 million square feet of gross leasable area.