Federal Realty Investment Trust $FRT Holdings Raised by Vest Financial LLC

Vest Financial LLC lifted its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 578,948 shares of the real estate investment trust’s stock after acquiring an additional 14,744 shares during the quarter. Vest Financial LLC’s holdings in Federal Realty Investment Trust were worth $58,653,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in FRT. Norges Bank acquired a new position in Federal Realty Investment Trust during the second quarter valued at $690,507,000. GRS Advisors LLC purchased a new stake in shares of Federal Realty Investment Trust in the second quarter worth approximately $47,517,000. Resolution Capital Ltd boosted its holdings in shares of Federal Realty Investment Trust by 11.8% during the second quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock worth $310,109,000 after purchasing an additional 344,189 shares during the period. Lasalle Investment Management Securities LLC grew its position in Federal Realty Investment Trust by 1,816.7% during the second quarter. Lasalle Investment Management Securities LLC now owns 296,392 shares of the real estate investment trust’s stock valued at $28,154,000 after purchasing an additional 280,928 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Federal Realty Investment Trust by 207.4% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 401,428 shares of the real estate investment trust’s stock valued at $38,132,000 after buying an additional 270,835 shares during the period. Institutional investors and hedge funds own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Down 1.0%

FRT opened at $102.65 on Wednesday. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $111.82. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.60 and a quick ratio of 1.60. The company has a fifty day moving average price of $99.76 and a 200-day moving average price of $98.11. The firm has a market capitalization of $8.86 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 3.71 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. The company had revenue of $321.97 million during the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The firm’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.71 EPS. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities research analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced 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. The ex-dividend date was Friday, January 2nd. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.4%. Federal Realty Investment Trust’s dividend payout ratio is 114.72%.

Wall Street Analyst Weigh In

FRT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $105.00 price target on Federal Realty Investment Trust and gave the company a “hold” rating in a research note on Tuesday, October 7th. Wells Fargo & Company began coverage on Federal Realty Investment Trust in a report on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price objective on the stock. Mizuho set a $105.00 price target on shares of Federal Realty Investment Trust in a research report on Friday, January 9th. 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. Finally, Jefferies Financial Group upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and increased their price objective 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, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $110.30.

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.