Groupama Asset Managment purchased a new stake in Federal Realty Investment Trust (NYSE:FRT – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,545 shares of the real estate investment trust’s stock, valued at approximately $1,777,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in Federal Realty Investment Trust during the 3rd quarter worth approximately $35,000. Quent Capital LLC purchased a new stake in shares of Federal Realty Investment Trust in the third quarter valued at $39,000. Hantz Financial Services Inc. boosted its position in shares of Federal Realty Investment Trust by 1,148.5% in the third quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust’s stock worth $42,000 after buying an additional 379 shares during the period. Loomis Sayles & Co. L P acquired a new stake in shares of Federal Realty Investment Trust in the second quarter worth $41,000. Finally, Brown Brothers Harriman & Co. grew its holdings in shares of Federal Realty Investment Trust by 87.4% during the third quarter. Brown Brothers Harriman & Co. now owns 491 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 229 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently weighed in on the company. Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. Piper Sandler raised their price objective on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 17th. UBS Group set a $113.00 target price on Federal Realty Investment Trust in a research note on Wednesday, January 14th. Barclays upped their target price on Federal Realty Investment Trust from $107.00 to $109.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Finally, Evercore set a $107.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust has an average rating of “Moderate Buy” and a consensus price target of $111.60.
Federal Realty Investment Trust Price Performance
NYSE FRT opened at $106.35 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.67 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $9.18 billion, a PE ratio of 22.77, a price-to-earnings-growth ratio of 4.64 and a beta of 0.99. The company has a 50 day moving average price of $105.00 and a two-hundred day moving average price of $101.16. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $110.89.
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). The company 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%.The business’s revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, equities analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.
Federal Realty Investment Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be paid a $1.13 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $4.52 annualized dividend and a dividend yield of 4.3%. Federal Realty Investment Trust’s dividend payout ratio (DPR) 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.
Read More
Want to see what other hedge funds are holding FRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Realty Investment Trust (NYSE:FRT – Free Report).
Receive News & Ratings for Federal Realty Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Realty Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.
