MQS Management LLC acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT – Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 5,734 shares of the real estate investment trust’s stock, valued at approximately $609,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Park Square Financial Group LLC purchased a new position in shares of Federal Realty Investment Trust during the 4th quarter worth approximately $25,000. Turning Point Benefit Group Inc. grew its holdings in Federal Realty Investment Trust by 1,853.8% during the fourth quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 241 shares during the period. True Wealth Design LLC grew its holdings in Federal Realty Investment Trust by 88.7% during the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 126 shares during the period. Private Trust Co. NA raised its position in Federal Realty Investment Trust by 937.5% in the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 300 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Federal Realty Investment Trust in the third quarter valued at $35,000. Institutional investors and hedge funds own 93.86% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on FRT. UBS Group set a $130.00 price target on shares of Federal Realty Investment Trust in a research note on Monday, June 1st. Mizuho set a $130.00 target price on shares of Federal Realty Investment Trust and gave the stock an “outperform” rating in a research report on Monday, June 1st. Wells Fargo & Company increased their target price on shares of Federal Realty Investment Trust from $120.00 to $129.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Raymond James Financial reissued an “outperform” rating and set a $135.00 price target on shares of Federal Realty Investment Trust in a research note on Monday. Finally, Bank of America raised their price objective on Federal Realty Investment Trust from $128.00 to $131.00 and gave the company a “buy” rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $124.20.
Federal Realty Investment Trust Stock Down 1.5%
FRT opened at $123.51 on Wednesday. The firm has a market cap of $10.67 billion, a P/E ratio of 21.44, a PEG ratio of 2.98 and a beta of 0.94. The business’s fifty day simple moving average is $118.45 and its 200 day simple moving average is $109.41. Federal Realty Investment Trust has a 52 week low of $89.99 and a 52 week high of $126.41. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.51.
Federal Realty Investment Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.13 per share. The ex-dividend date is Wednesday, July 1st. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.7%. Federal Realty Investment Trust’s payout ratio is 78.47%.
Federal Realty Investment Trust 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.
Featured Stories
- Five stocks we like better than Federal Realty Investment Trust
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRT – Free Report).
Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
