First Industrial Realty Trust, Inc. $FR Shares Sold by Pacer Advisors Inc.

Posted by George Bondi on May 14th, 2026

Pacer Advisors Inc. reduced its stake in shares of First Industrial Realty Trust, Inc. (NYSE:FR – Free Report) by 14.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,214 shares of the real estate investment trust’s stock after selling 13,969 shares during the period. Pacer Advisors Inc. owned about 0.06% of First Industrial Realty Trust worth $4,594,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Money Concepts Capital Corp grew its holdings in First Industrial Realty Trust by 2.8% during the 4th quarter. Money Concepts Capital Corp now owns 19,072 shares of the real estate investment trust’s stock worth $1,092,000 after acquiring an additional 524 shares in the last quarter. Bailard Inc. grew its holdings in First Industrial Realty Trust by 240.6% during the 4th quarter. Bailard Inc. now owns 19,800 shares of the real estate investment trust’s stock worth $1,134,000 after acquiring an additional 13,986 shares in the last quarter. Swiss Life Asset Management Ltd boosted its holdings in shares of First Industrial Realty Trust by 65.8% in the 4th quarter. Swiss Life Asset Management Ltd now owns 10,013 shares of the real estate investment trust’s stock valued at $573,000 after buying an additional 3,972 shares during the period. NewEdge Wealth LLC acquired a new position in shares of First Industrial Realty Trust in the 4th quarter valued at about $203,000. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of First Industrial Realty Trust by 65.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 8,021 shares of the real estate investment trust’s stock valued at $459,000 after buying an additional 3,161 shares during the period. 99.85% of the stock is owned by institutional investors and hedge funds.

First Industrial Realty Trust Trading Down 0.8%

NYSE FR opened at $61.86 on Thursday. First Industrial Realty Trust, Inc. has a one year low of $47.36 and a one year high of $64.66. The company has a 50-day simple moving average of $60.69 and a 200-day simple moving average of $58.97. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.04 and a current ratio of 1.04. The firm has a market capitalization of $8.20 billion, a PE ratio of 23.98 and a beta of 1.07.

First Industrial Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th. First Industrial Realty Trust’s payout ratio is presently 77.52%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FR shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $65.00 price target on shares of First Industrial Realty Trust in a report on Monday, April 27th. Royal Bank Of Canada lifted their price target on shares of First Industrial Realty Trust from $64.00 to $66.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Robert W. Baird lifted their price target on shares of First Industrial Realty Trust from $67.00 to $68.00 and gave the company an “outperform” rating in a report on Tuesday, April 28th. Weiss Ratings raised shares of First Industrial Realty Trust from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, April 27th. Finally, Wall Street Zen raised shares of First Industrial Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, April 11th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.57.

Get 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.