Federal Realty Investment Trust (NYSE:FRT) Sees Significant Increase in Short Interest

Federal Realty Investment Trust (NYSE:FRT) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 2,810,838 shares, an increase of 16.9% from the February 12th total of 2,403,747 shares. Based on an average daily volume of 999,355 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.3% of the shares of the company are short sold. Approximately 3.3% of the shares of the company are short sold. Based on an average daily volume of 999,355 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Trading of Federal Realty Investment Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Park Square Financial Group LLC acquired a new position in shares of Federal Realty Investment Trust in the fourth quarter worth about $25,000. Turning Point Benefit Group Inc. grew its position in shares of Federal Realty Investment Trust by 1,853.8% during the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 241 shares during the period. True Wealth Design LLC increased its stake in shares of Federal Realty Investment Trust by 88.7% in the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares in the last quarter. Private Trust Co. NA increased its stake in shares of Federal Realty Investment Trust by 937.5% in the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in Federal Realty Investment Trust in the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Barclays upped their target price on Federal Realty Investment Trust from $107.00 to $109.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Truist Financial raised their price target on shares of 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. Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Piper Sandler increased their price objective on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Finally, Jefferies Financial Group raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and raised their target price for the stock from $101.00 to $115.00 in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $111.13.

Federal Realty Investment Trust Stock Down 1.1%

Federal Realty Investment Trust stock opened at $105.68 on Thursday. The business’s 50-day moving average price is $104.93 and its 200 day moving average price is $101.13. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 4.69 and a beta of 0.99. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $110.89.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $336.05 million during the quarter, compared to analyst estimates of $327.65 million. During the same period in the previous year, the firm posted $1.73 earnings per share. The company’s revenue was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a dividend of $1.13 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $4.52 dividend on an annualized basis and a yield of 4.3%. Federal Realty Investment Trust’s dividend payout ratio is 96.79%.

About Federal Realty Investment Trust

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.