Citigroup Inc. Decreases Stock Holdings in Federal Realty Investment Trust $FRT

Citigroup Inc. cut its stake in Federal Realty Investment Trust (NYSE:FRT) by 20.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,335 shares of the real estate investment trust’s stock after selling 31,190 shares during the period. Citigroup Inc. owned approximately 0.14% of Federal Realty Investment Trust worth $12,191,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC increased its stake in Federal Realty Investment Trust by 18.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 109 shares in the last quarter. Ethic Inc. grew its holdings in Federal Realty Investment Trust by 3.3% in the third quarter. Ethic Inc. now owns 3,987 shares of the real estate investment trust’s stock valued at $404,000 after purchasing an additional 126 shares during the last quarter. AlTi Global Inc. increased its position in shares of Federal Realty Investment Trust by 0.7% in the third quarter. AlTi Global Inc. now owns 18,431 shares of the real estate investment trust’s stock valued at $1,867,000 after buying an additional 127 shares in the last quarter. Quadrant Capital Group LLC increased its position in shares of Federal Realty Investment Trust by 5.3% in the second quarter. Quadrant Capital Group LLC now owns 2,877 shares of the real estate investment trust’s stock valued at $273,000 after buying an additional 146 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Federal Realty Investment Trust by 0.5% during the 3rd quarter. HighTower Advisors LLC now owns 32,783 shares of the real estate investment trust’s stock worth $3,321,000 after buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

Shares of FRT opened at $108.74 on Friday. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 year high of $109.94. The company’s 50 day simple moving average is $103.33 and its 200 day simple moving average is $100.20. The company has a market capitalization of $9.38 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 4.77 and a beta of 1.02. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business had revenue of $336.05 million during the quarter, compared to analyst estimates of $327.65 million. During the same quarter last year, the firm posted $1.73 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, sell-side analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 96.79%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FRT. Scotiabank lowered their price objective on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. Stifel Nicolaus increased their price target on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. UBS Group set a $113.00 price objective on Federal Realty Investment Trust in a research report on Wednesday, January 14th. Finally, Mizuho set a $105.00 target price on Federal Realty Investment Trust in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $111.00.

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.