Federal Realty Investment Trust (NYSE:FRT – Free Report) had its price target hoisted by Truist Financial from $111.00 to $112.00 in a research note released on Monday,Benzinga reports. The firm currently has a hold rating on the real estate investment trust’s stock.
FRT has been the subject of several other research reports. Barclays raised their price objective on shares of Federal Realty Investment Trust from $107.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. Wall Street Zen raised 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 target on Federal Realty Investment Trust in a report on Wednesday, January 14th. Evercore set a $107.00 price target on Federal Realty Investment Trust in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company boosted their price objective on Federal Realty Investment Trust from $113.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. One 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 company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $111.80.
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Federal Realty Investment Trust Trading Up 0.7%
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The firm had revenue of $336.05 million during the quarter, compared to the consensus estimate of $327.65 million. During the same quarter last year, the business posted $1.73 EPS. Federal Realty Investment Trust’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, analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.
Federal Realty Investment Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given 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 4.4%. Federal Realty Investment Trust’s payout ratio is 96.79%.
Hedge Funds Weigh In On Federal Realty Investment Trust
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jones Financial Companies Lllp raised its holdings in shares of Federal Realty Investment Trust by 21.5% in the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock valued at $284,000 after acquiring an additional 514 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Federal Realty Investment Trust by 43.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after acquiring an additional 184,557 shares in the last quarter. Empowered Funds LLC grew its holdings in Federal Realty Investment Trust by 12.5% during the 1st quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock worth $310,000 after acquiring an additional 355 shares in the last quarter. Creative Planning increased its position in Federal Realty Investment Trust by 29.4% during the 2nd quarter. Creative Planning now owns 10,208 shares of the real estate investment trust’s stock valued at $970,000 after purchasing an additional 2,320 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Federal Realty Investment Trust by 8.3% in the 2nd quarter. Cetera Investment Advisers now owns 13,974 shares of the real estate investment trust’s stock valued at $1,327,000 after purchasing an additional 1,073 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.
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.
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