Calamos Advisors LLC raised its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 91.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,172 shares of the real estate investment trust’s stock after acquiring an additional 16,780 shares during the quarter. Calamos Advisors LLC’s holdings in Federal Realty Investment Trust were worth $4,445,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Franklin Parlapiano Turner & Welch LLC purchased a new position in Federal Realty Investment Trust during the 1st quarter valued at about $126,000. Global X Management Co. LLC increased its holdings in Federal Realty Investment Trust by 30.6% during the 1st quarter. Global X Management Co. LLC now owns 1,245 shares of the real estate investment trust’s stock valued at $166,000 after acquiring an additional 292 shares in the last quarter. IFP Advisors Inc increased its holdings in Federal Realty Investment Trust by 0.3% during the 1st quarter. IFP Advisors Inc now owns 1,534 shares of the real estate investment trust’s stock valued at $205,000 after acquiring an additional 4 shares in the last quarter. Pacer Advisors Inc. increased its holdings in Federal Realty Investment Trust by 3.6% during the 1st quarter. Pacer Advisors Inc. now owns 1,595 shares of the real estate investment trust’s stock valued at $213,000 after acquiring an additional 55 shares in the last quarter. Finally, Northstar Wealth Partners LLC purchased a new position in Federal Realty Investment Trust during the 1st quarter valued at about $221,000. Hedge funds and other institutional investors own 93.94% of the company’s stock.

Shares of Federal Realty Investment Trust (FRT) opened at 129.32 on Thursday. The stock has a market capitalization of $9.34 billion, a P/E ratio of 37.45 and a beta of 0.30. Federal Realty Investment Trust has a one year low of $120.50 and a one year high of $160.75. The stock’s 50 day moving average is $130.11 and its 200-day moving average is $130.33.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Federal Realty Investment Trust had a return on equity of 10.91% and a net margin of 30.40%. The firm had revenue of $208 million for the quarter, compared to the consensus estimate of $208.33 million. During the same quarter in the prior year, the company posted $1.42 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. On average, equities research analysts expect that Federal Realty Investment Trust will post $3.35 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 22nd will be issued a $1.00 dividend. The ex-dividend date is Thursday, September 21st. This represents a $4.00 dividend on an annualized basis and a yield of 3.09%. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $0.98. Federal Realty Investment Trust’s dividend payout ratio is currently 113.62%.

Several equities analysts have weighed in on the stock. Bank of America Corporation upgraded shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and raised their target price for the company from $140.00 to $146.00 in a report on Friday, July 21st. Citigroup Inc. lifted their price target on shares of Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a report on Monday, August 14th. Evercore ISI downgraded shares of Federal Realty Investment Trust from an “in-line” rating to an “underperform” rating and set a $128.00 price target for the company. in a report on Monday, August 14th. Boenning Scattergood set a $140.00 price target on shares of Federal Realty Investment Trust and gave the stock a “buy” rating in a report on Friday, August 4th. Finally, BidaskClub upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Friday, June 16th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Federal Realty Investment Trust has an average rating of “Buy” and an average price target of $140.43.

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In related news, insider Donald C. Wood sold 2,772 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $133.06, for a total value of $368,842.32. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Dawn M. Becker sold 2,281 shares of the stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $133.05, for a total value of $303,487.05. Following the completion of the transaction, the executive vice president now owns 123,744 shares in the company, valued at approximately $16,464,139.20. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.

About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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