Deutsche Bank AG Makes New $79.73 Million Investment in First Industrial Realty Trust, Inc. $FR

Posted by Brenda Bartman on Aug 21st, 2026

Deutsche Bank AG bought a new stake in First Industrial Realty Trust, Inc. (NYSE:FR – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,300,439 shares of the real estate investment trust’s stock, valued at approximately $79,730,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its position in shares of First Industrial Realty Trust by 26.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 290,663 shares of the real estate investment trust’s stock worth $16,815,000 after buying an additional 60,459 shares during the period. M&T Bank Corp acquired a new position in First Industrial Realty Trust in the fourth quarter valued at approximately $1,134,000. Bank of America Corp DE boosted its stake in First Industrial Realty Trust by 15.9% in the first quarter. Bank of America Corp DE now owns 778,077 shares of the real estate investment trust’s stock valued at $45,012,000 after acquiring an additional 106,928 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in First Industrial Realty Trust by 7.5% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 209,488 shares of the real estate investment trust’s stock worth $11,997,000 after acquiring an additional 14,693 shares during the period. Finally, Convergence Investment Partners LLC acquired a new stake in First Industrial Realty Trust during the 1st quarter worth $1,367,000. 99.85% of the stock is owned by institutional investors and hedge funds.

First Industrial Realty Trust Price Performance

NYSE FR opened at $62.70 on Friday. The firm’s 50 day moving average is $64.24 and its 200-day moving average is $62.08. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $8.31 billion, a PE ratio of 22.88 and a beta of 1.04. First Industrial Realty Trust, Inc. has a 12-month low of $49.38 and a 12-month high of $69.88.

First Industrial Realty Trust (NYSE:FR – Get Free Report) last released its earnings results on Wednesday, July 22nd. The real estate investment trust reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.22). First Industrial Realty Trust had a net margin of 47.97% and a return on equity of 12.99%. The business had revenue of $194.94 million during the quarter, compared to the consensus estimate of $195.81 million. During the same period last year, the business posted $0.76 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. First Industrial Realty Trust has set its FY 2026 guidance at 3.120-3.200 EPS. Equities research analysts anticipate that First Industrial Realty Trust, Inc. will post 3.16 earnings per share for the current fiscal year.

First Industrial Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 19th. Shareholders of record on Wednesday, September 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Wednesday, September 30th. First Industrial Realty Trust’s dividend payout ratio (DPR) is currently 72.99%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Citigroup raised their price target on First Industrial Realty Trust from $63.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada boosted their target price on First Industrial Realty Trust from $68.00 to $75.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Barclays raised their price objective on First Industrial Realty Trust from $64.00 to $69.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 16th. KeyCorp reaffirmed a “sector weight” rating on shares of First Industrial Realty Trust in a research note on Wednesday, June 10th. Finally, Scotiabank upped their price target on shares of First Industrial Realty Trust from $63.00 to $66.00 and gave the company a “sector perform” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, First Industrial Realty Trust presently has a consensus rating of “Moderate Buy” and an average target price of $67.07.

Read Our Latest Research Report on FR

First Industrial Realty Trust Company Profile

(Free Report)

First Industrial Realty Trust, Inc (NYSE: FR) is a publicly traded real estate investment trust focused on the ownership, operation and development of industrial real estate assets. The company specializes in light industrial, warehouse and distribution facilities that serve a broad range of end markets, including manufacturing, transportation and e-commerce. Through both acquisitions and ground-up developments, First Industrial seeks to assemble a diversified portfolio of strategically located properties that support its tenants’ supply-chain needs.

Core services provided by First Industrial include property leasing, asset management, redevelopment of obsolescent buildings and build-to-suit development for creditworthy users.