Campbell & CO Investment Adviser LLC Has $1.11 Million Stock Position in Federal Realty Investment Trust $FRT

Campbell & CO Investment Adviser LLC lifted its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 6.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,644 shares of the real estate investment trust’s stock after purchasing an additional 745 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Federal Realty Investment Trust were worth $1,106,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its stake in Federal Realty Investment Trust by 103.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,770 shares of the real estate investment trust’s stock valued at $553,000 after acquiring an additional 2,928 shares during the last quarter. PGGM Investments raised its position in shares of Federal Realty Investment Trust by 23.7% during the second quarter. PGGM Investments now owns 1,245,342 shares of the real estate investment trust’s stock worth $118,295,000 after purchasing an additional 238,679 shares during the period. New York State Common Retirement Fund raised its holdings in Federal Realty Investment Trust by 3.1% during the 1st quarter. New York State Common Retirement Fund now owns 60,214 shares of the real estate investment trust’s stock worth $5,890,000 after buying an additional 1,800 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in Federal Realty Investment Trust by 32.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,311 shares of the real estate investment trust’s stock valued at $600,000 after acquiring an additional 1,553 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Federal Realty Investment Trust by 207.4% in the second 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 purchasing an additional 270,835 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $97.68 on Thursday. The business has a 50-day simple moving average of $98.93 and a two-hundred day simple moving average of $96.58. The stock has a market cap of $8.43 billion, a PE ratio of 24.73, a PEG ratio of 3.78 and a beta of 1.14. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.09. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 1.42.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.01. The firm had revenue of $322.25 million for the quarter, compared to analyst estimates of $318.73 million. Federal Realty Investment Trust had a net margin of 28.01% and a return on equity of 11.19%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.71 EPS. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is currently 114.72%.

Analysts Set New Price Targets

Several brokerages recently commented on FRT. LADENBURG THALM/SH SH upgraded shares of Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Barclays lifted their target price on Federal Realty Investment Trust from $112.00 to $113.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Mizuho upped their price target on shares of Federal Realty Investment Trust from $96.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Evercore ISI decreased their price objective on Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Finally, JPMorgan Chase & Co. raised their target price on shares of Federal Realty Investment Trust from $108.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.46.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.