283,919 Shares in First Industrial Realty Trust, Inc. $FR Purchased by Vision Capital Corp

Posted by George Bondi on Jun 13th, 2026

Vision Capital Corp bought a new position in First Industrial Realty Trust, Inc. (NYSE:FR – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 283,919 shares of the real estate investment trust’s stock, valued at approximately $16,260,000. First Industrial Realty Trust comprises 7.2% of Vision Capital Corp’s portfolio, making the stock its 5th largest holding. Vision Capital Corp owned about 0.21% of First Industrial Realty Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FR. Northwestern Mutual Wealth Management Co. grew its position in First Industrial Realty Trust by 856,065.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 9,785,973 shares of the real estate investment trust’s stock worth $560,443,000 after purchasing an additional 9,784,830 shares in the last quarter. Norges Bank purchased a new stake in First Industrial Realty Trust in the 4th quarter valued at about $320,075,000. Cohen & Steers Inc. purchased a new stake in First Industrial Realty Trust in the 4th quarter valued at about $118,365,000. Rush Island Management LP purchased a new stake in First Industrial Realty Trust in the 2nd quarter valued at about $79,904,000. Finally, AQR Capital Management LLC increased its stake in First Industrial Realty Trust by 491.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,855,214 shares of the real estate investment trust’s stock valued at $89,291,000 after buying an additional 1,541,778 shares during the last quarter. Institutional investors and hedge funds own 99.85% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $65.00 price objective on shares of First Industrial Realty Trust in a research note on Monday, April 27th. Wall Street Zen upgraded shares of First Industrial Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, April 11th. Robert W. Baird increased their price objective on shares of First Industrial Realty Trust from $67.00 to $68.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Wells Fargo & Company decreased their price objective on shares of First Industrial Realty Trust from $63.00 to $61.00 and set an “equal weight” rating for the company in a research note on Monday, June 1st. Finally, Truist Financial increased their price objective on shares of First Industrial Realty Trust from $66.00 to $67.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, First Industrial Realty Trust has a consensus rating of “Moderate Buy” and an average target price of $63.93.

Check Out Our Latest Analysis on FR

First Industrial Realty Trust Price Performance

FR opened at $63.49 on Friday. The firm has a 50-day moving average price of $61.77 and a 200-day moving average price of $59.91. First Industrial Realty Trust, Inc. has a twelve month low of $47.36 and a twelve month high of $64.66. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $8.42 billion, a price-to-earnings ratio of 24.61 and a beta of 1.05.

First Industrial Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors 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 dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. First Industrial Realty Trust’s dividend payout ratio is presently 77.52%.

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.