11,308 Shares in Federal Realty Investment Trust $FRT Bought by Ascent Group LLC

Ascent Group LLC bought a new position in shares of Federal Realty Investment Trust (NYSE:FRT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 11,308 shares of the real estate investment trust’s stock, valued at approximately $1,146,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FRT. Wealth Enhancement Advisory Services LLC increased its position in Federal Realty Investment Trust by 103.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 5,770 shares of the real estate investment trust’s stock worth $553,000 after buying an additional 2,928 shares during the period. PGGM Investments grew its stake in shares of 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 worth $118,295,000 after acquiring an additional 238,679 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Federal Realty Investment Trust by 32.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,311 shares of the real estate investment trust’s stock valued at $600,000 after purchasing an additional 1,553 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Federal Realty Investment Trust by 207.4% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 401,428 shares of the real estate investment trust’s stock valued at $38,132,000 after purchasing an additional 270,835 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in Federal Realty Investment Trust by 7.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,335 shares of the real estate investment trust’s stock valued at $1,172,000 after purchasing an additional 886 shares during the period. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Trading Down 1.0%

Shares of FRT opened at $100.81 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 stock has a market cap of $8.70 billion, a PE ratio of 25.59, a PEG ratio of 3.70 and a beta of 1.01. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 year high of $112.29. The stock has a 50 day simple moving average of $98.57 and a 200-day simple moving average of $97.48.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $318.73 million. During the same period in the prior year, the business posted $1.71 earnings per share. The business’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 predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be given a dividend of $1.13 per share. The ex-dividend date is Friday, January 2nd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.5%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 114.72%.

Analysts Set New Price Targets

Several research firms recently weighed in on FRT. LADENBURG THALM/SH SH upgraded 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 $106.00 to $105.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on Federal Realty Investment Trust and gave the company a “hold” rating in a research report on Tuesday, October 7th. Barclays reaffirmed 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 report on Tuesday, November 18th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Federal Realty Investment Trust in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $109.30.

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.