Lasalle Investment Management Securities LLC Has $28.11 Million Stock Holdings in Federal Realty Investment Trust $FRT

Lasalle Investment Management Securities LLC trimmed its position in Federal Realty Investment Trust (NYSE:FRT) by 6.4% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 277,443 shares of the real estate investment trust’s stock after selling 18,949 shares during the period. Federal Realty Investment Trust comprises approximately 1.1% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 28th largest holding. Lasalle Investment Management Securities LLC owned about 0.32% of Federal Realty Investment Trust worth $28,108,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FRT. Rafferty Asset Management LLC boosted its holdings in Federal Realty Investment Trust by 7.3% in the third quarter. Rafferty Asset Management LLC now owns 10,555 shares of the real estate investment trust’s stock valued at $1,069,000 after acquiring an additional 722 shares during the last quarter. Erste Asset Management GmbH bought a new position in shares of Federal Realty Investment Trust in the 3rd quarter valued at about $919,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Federal Realty Investment Trust by 3.8% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 194,469 shares of the real estate investment trust’s stock valued at $19,702,000 after purchasing an additional 7,187 shares during the last quarter. Centersquare Investment Management LLC grew its position in shares of Federal Realty Investment Trust by 2.2% during the 3rd quarter. Centersquare Investment Management LLC now owns 1,270,854 shares of the real estate investment trust’s stock worth $128,750,000 after buying an additional 27,306 shares during the period. Finally, US Bancorp DE raised its stake in shares of Federal Realty Investment Trust by 21.7% during the third quarter. US Bancorp DE now owns 2,690 shares of the real estate investment trust’s stock worth $273,000 after buying an additional 480 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Up 0.3%

NYSE FRT opened at $108.74 on Friday. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $109.94. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.67 and a quick ratio of 1.67. The firm has a market cap of $9.38 billion, a P/E ratio of 23.29, a P/E/G ratio of 4.77 and a beta of 1.02. The stock’s 50-day moving average is $103.33 and its 200-day moving average is $100.20.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). The business had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.Federal Realty Investment Trust’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.73 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. Sell-side analysts anticipate that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $1.13 per share. This represents a $4.52 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is 96.79%.

Analysts Set New Price Targets

A number of brokerages have issued reports on FRT. UBS Group set a $113.00 price objective on shares of Federal Realty Investment Trust in a research note on Wednesday, January 14th. Jefferies Financial Group raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and increased their price target for the company from $101.00 to $115.00 in a research note on Monday, December 15th. Mizuho set a $105.00 price target on Federal Realty Investment Trust in a research report on Friday, January 9th. Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Finally, Weiss Ratings raised Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $111.00.

About Federal Realty Investment Trust

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.