Erste Asset Management GmbH Invests $919,000 in Federal Realty Investment Trust $FRT

Erste Asset Management GmbH purchased a new stake in Federal Realty Investment Trust (NYSE:FRT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 9,200 shares of the real estate investment trust’s stock, valued at approximately $919,000.

Other hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in Federal Realty Investment Trust in the second quarter worth about $690,507,000. Rakuten Investment Management Inc. purchased a new stake in Federal Realty Investment Trust during the third quarter valued at approximately $51,156,000. GRS Advisors LLC acquired a new stake in Federal Realty Investment Trust in the second quarter valued at approximately $47,517,000. Resolution Capital Ltd grew its holdings in Federal Realty Investment Trust by 11.8% in the second quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock worth $310,109,000 after purchasing an additional 344,189 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC increased its position in shares of Federal Realty Investment Trust by 1,816.7% during the second quarter. Lasalle Investment Management Securities LLC now owns 296,392 shares of the real estate investment trust’s stock worth $28,154,000 after purchasing an additional 280,928 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

FRT has been the topic of several research analyst reports. Piper Sandler boosted their target price on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. UBS Group set a $113.00 price target on Federal Realty Investment Trust in a report on Wednesday, January 14th. Stifel Nicolaus upped their price objective on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a report on Friday, February 13th. Weiss Ratings upgraded shares of Federal Realty Investment Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Finally, Scotiabank cut their price target on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $111.00.

Federal Realty Investment Trust Trading Up 0.3%

NYSE FRT opened at $108.74 on Monday. Federal Realty Investment Trust has a 1 year low of $80.65 and a 1 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 company has a market capitalization of $9.38 billion, a PE ratio of 23.29, a P/E/G ratio of 4.77 and a beta of 0.99. The company has a fifty day moving average of $103.33 and a 200 day moving average of $100.24.

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

Federal Realty Investment Trust Announces Dividend

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

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.