Centiva Capital LP Sells 6,599 Shares of Federal Realty Investment Trust $FRT

Centiva Capital LP lowered its holdings in Federal Realty Investment Trust (NYSE:FRT) by 58.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,742 shares of the real estate investment trust’s stock after selling 6,599 shares during the period. Centiva Capital LP’s holdings in Federal Realty Investment Trust were worth $480,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Federal Realty Investment Trust by 1.9% during the second quarter. Vanguard Group Inc. now owns 13,273,108 shares of the real estate investment trust’s stock worth $1,260,813,000 after purchasing an additional 244,854 shares in the last quarter. Norges Bank purchased a new stake in Federal Realty Investment Trust in the second quarter valued at approximately $690,507,000. State Street Corp raised its stake in Federal Realty Investment Trust by 2.8% in the second quarter. State Street Corp now owns 6,578,616 shares of the real estate investment trust’s stock valued at $624,903,000 after purchasing an additional 176,613 shares in the last quarter. Resolution Capital Ltd lifted its position in Federal Realty Investment Trust by 11.8% during the second quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock valued at $310,109,000 after purchasing an additional 344,189 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Federal Realty Investment Trust by 3.1% in the 2nd quarter. Invesco Ltd. now owns 2,712,912 shares of the real estate investment trust’s stock worth $257,700,000 after buying an additional 82,312 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on FRT shares. Truist Financial increased their price target on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a report on Tuesday, December 2nd. Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. Piper Sandler increased their target price on Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Scotiabank lowered their price target on Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Finally, Barclays lifted their price target on Federal Realty Investment Trust from $107.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Federal Realty Investment Trust has an average rating of “Moderate Buy” and an average price target of $111.13.

Federal Realty Investment Trust Trading Down 0.8%

FRT stock opened at $104.48 on Monday. The company has a market capitalization of $9.01 billion, a PE ratio of 22.37, a price-to-earnings-growth ratio of 4.59 and a beta of 0.99. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. Federal Realty Investment Trust has a one year low of $80.65 and a one year high of $110.89. The company’s 50 day moving average price is $104.60 and its two-hundred day moving average price is $101.01.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data 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). Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business had revenue of $336.05 million during the quarter, compared to analysts’ expectations of $327.65 million. During the same period last year, the company posted $1.73 EPS. 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. As a group, analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is presently 96.79%.

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.