Asset Management One Co. Ltd. Sells 16,944 Shares of Federal Realty Investment Trust $FRT

Asset Management One Co. Ltd. lessened its stake in Federal Realty Investment Trust (NYSE:FRT) by 11.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 127,097 shares of the real estate investment trust’s stock after selling 16,944 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.15% of Federal Realty Investment Trust worth $12,876,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Federal Realty Investment Trust by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,273,108 shares of the real estate investment trust’s stock worth $1,260,813,000 after buying an additional 244,854 shares during the last quarter. Norges Bank purchased a new position in shares of Federal Realty Investment Trust during the 2nd quarter valued at $690,507,000. State Street Corp grew its stake in shares of Federal Realty Investment Trust by 2.8% during the 2nd quarter. State Street Corp now owns 6,578,616 shares of the real estate investment trust’s stock worth $624,903,000 after acquiring an additional 176,613 shares during the period. Resolution Capital Ltd increased its holdings in Federal Realty Investment Trust by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock worth $310,109,000 after acquiring an additional 344,189 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Federal Realty Investment Trust by 3.1% in the 2nd quarter. Invesco Ltd. now owns 2,712,912 shares of the real estate investment trust’s stock valued at $257,700,000 after acquiring an additional 82,312 shares during the period. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Evercore ISI reduced 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, November 3rd. LADENBURG THALM/SH SH raised shares of Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Truist Financial raised their price target on Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a report on Tuesday, December 2nd. Finally, Barclays reiterated an “equal weight” rating and set a $106.00 price objective (down from $113.00) on shares of Federal Realty Investment Trust in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $109.30.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock opened at $100.92 on Wednesday. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $111.82. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.60 and a current ratio of 1.60. The stock has a market cap of $8.71 billion, a P/E ratio of 25.61, a price-to-earnings-growth ratio of 3.57 and a beta of 1.01. The firm’s fifty day moving average price is $98.56 and its 200-day moving average price is $97.60.

Federal Realty Investment Trust (NYSE:FRT) last released 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. The business had revenue of $321.97 million for 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%.The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. On average, equities research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

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