Aberdeen Group plc Reduces Stock Position in Federal Realty Investment Trust $FRT

Aberdeen Group plc reduced its position in shares of Federal Realty Investment Trust (NYSE:FRTFree Report) by 14.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,504 shares of the real estate investment trust’s stock after selling 6,801 shares during the period. Aberdeen Group plc’s holdings in Federal Realty Investment Trust were worth $4,083,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. ProShare Advisors LLC boosted its holdings in shares of Federal Realty Investment Trust by 5.7% during the third quarter. ProShare Advisors LLC now owns 1,797,002 shares of the real estate investment trust’s stock worth $182,054,000 after purchasing an additional 96,271 shares during the period. Truist Financial Corp lifted its holdings in Federal Realty Investment Trust by 496.2% in the third quarter. Truist Financial Corp now owns 129,198 shares of the real estate investment trust’s stock worth $13,089,000 after buying an additional 107,529 shares during the period. Knights of Columbus Asset Advisors LLC purchased a new stake in Federal Realty Investment Trust in the third quarter worth about $972,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Federal Realty Investment Trust by 173.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,791 shares of the real estate investment trust’s stock worth $1,541,000 after buying an additional 10,021 shares during the period. Finally, Ascent Group LLC purchased a new stake in Federal Realty Investment Trust in the third quarter worth about $1,146,000. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on FRT. Weiss Ratings upgraded shares of Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 30th. Truist Financial raised their price objective on shares of Federal Realty Investment Trust from $111.00 to $112.00 and gave the stock a “hold” rating in a report on Monday, March 23rd. Wells Fargo & Company raised their price objective on shares of Federal Realty Investment Trust from $113.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Evercore set a $107.00 price objective on shares of Federal Realty Investment Trust in a report on Tuesday, February 17th. Finally, Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.57.

View Our Latest Report on FRT

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $107.48 on Thursday. The company has a market capitalization of $9.29 billion, a P/E ratio of 23.02, a price-to-earnings-growth ratio of 4.69 and a beta of 0.98. 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 50 day moving average of $105.88 and a 200 day moving average of $101.61. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $110.89.

Federal Realty Investment Trust (NYSE:FRTGet Free Report) last announced 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). The firm had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. Federal Realty Investment Trust’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the business earned $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, equities research analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal 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 given a dividend of $1.13 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $4.52 annualized dividend and a dividend yield of 4.2%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 96.79%.

Federal Realty Investment Trust Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.