Nordea Investment Management AB Buys 5,182 Shares of Federal Realty Investment Trust $FRT

Nordea Investment Management AB raised its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 3.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 162,752 shares of the real estate investment trust’s stock after purchasing an additional 5,182 shares during the period. Nordea Investment Management AB’s holdings in Federal Realty Investment Trust were worth $16,300,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Janney Capital Management LLC grew its stake in shares of Federal Realty Investment Trust by 2.9% during the 3rd quarter. Janney Capital Management LLC now owns 5,820 shares of the real estate investment trust’s stock worth $590,000 after acquiring an additional 165 shares during the period. Bayforest Capital Ltd bought a new stake in Federal Realty Investment Trust in the 3rd quarter valued at about $345,000. Oregon Public Employees Retirement Fund lifted its holdings in Federal Realty Investment Trust by 33.8% during the third quarter. Oregon Public Employees Retirement Fund now owns 8,906 shares of the real estate investment trust’s stock valued at $902,000 after purchasing an additional 2,252 shares during the last quarter. Sound Financial Strategies Group LLC boosted its position in Federal Realty Investment Trust by 3.9% during the third quarter. Sound Financial Strategies Group LLC now owns 7,503 shares of the real estate investment trust’s stock worth $760,000 after purchasing an additional 285 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in shares of Federal Realty Investment Trust by 1.6% in the third quarter. Nisa Investment Advisors LLC now owns 25,831 shares of the real estate investment trust’s stock worth $2,617,000 after purchasing an additional 408 shares in the last quarter. 93.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FRT. Mizuho set a $105.00 price target on shares of Federal Realty Investment Trust in a research note on Friday, January 9th. Truist Financial boosted their target price on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. UBS Group set a $113.00 target price on Federal Realty Investment Trust in a research report on Wednesday. Barclays reiterated a “positive” rating and issued a $107.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday. Finally, Wells Fargo & Company started coverage on Federal Realty Investment Trust in a report on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.30.

Federal Realty Investment Trust Trading Down 0.2%

Federal Realty Investment Trust stock opened at $101.80 on Friday. The stock has a market cap of $8.78 billion, a P/E ratio of 25.84, a PEG ratio of 3.66 and a beta of 1.01. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $111.82. The firm’s fifty day moving average price is $99.42 and its 200-day moving average price is $97.89. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.60 and a current ratio of 1.60.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, topping the consensus estimate of $1.76 by $0.01. The business had revenue of $321.97 million during the quarter, compared to analysts’ expectations of $318.73 million. Federal Realty Investment Trust had a return on equity of 11.12% and a net margin of 27.65%.The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.71 earnings per share. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities research analysts forecast 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 was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were given a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio is 114.72%.

Federal Realty Investment Trust Company 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.