New Insight Wealth Advisors acquired a new stake in Federal Realty Investment Trust (NYSE:FRT – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,611 shares of the real estate investment trust’s stock, valued at approximately $1,480,000.
A number of other institutional investors also recently bought and sold shares of the stock. Hilltop National Bank acquired a new position in Federal Realty Investment Trust during the 2nd quarter valued at approximately $28,000. Spire Wealth Management grew its holdings in shares of Federal Realty Investment Trust by 365.3% during the second quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 263 shares during the last quarter. Quent Capital LLC acquired a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at $39,000. Loomis Sayles & Co. L P acquired a new position in shares of Federal Realty Investment Trust in the 2nd quarter valued at $41,000. Finally, Frazier Financial Advisors LLC purchased a new position in Federal Realty Investment Trust in the 2nd quarter worth $48,000. 93.86% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on FRT. JPMorgan Chase & Co. upgraded Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $107.00 to $114.00 in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft set a $105.00 price target on shares of Federal Realty Investment Trust and gave the stock a “hold” rating in a report on Tuesday, October 7th. Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, January 9th. Barclays reiterated a “positive” rating and issued a $107.00 price objective on shares of Federal Realty Investment Trust in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus target price of $110.30.
Federal Realty Investment Trust Price Performance
Shares of Federal Realty Investment Trust stock opened at $103.69 on Friday. The firm has a market cap of $8.95 billion, a PE ratio of 26.32, a P/E/G ratio of 3.71 and a beta of 1.01. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $111.82. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. The business has a 50-day moving average price of $99.55 and a 200 day moving average price of $97.98.
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last issued its quarterly earnings data on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating the consensus estimate of $1.76 by $0.01. The company had revenue of $321.97 million for the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.Federal Realty Investment Trust’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company earned $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Sell-side analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.
Federal Realty Investment Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 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.
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