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

Centiva Capital LP decreased its position in Federal Realty Investment Trust (NYSE:FRT) by 58.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Federal Realty Investment Trust by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,273,108 shares of the real estate investment trust’s stock valued at $1,260,813,000 after buying an additional 244,854 shares during the period. Norges Bank bought a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth $690,507,000. State Street Corp increased its holdings in Federal Realty Investment Trust by 2.8% in the 2nd quarter. State Street Corp now owns 6,578,616 shares of the real estate investment trust’s stock worth $624,903,000 after acquiring an additional 176,613 shares during the last quarter. Resolution Capital Ltd increased its holdings in Federal Realty Investment Trust by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock worth $310,109,000 after acquiring an additional 344,189 shares during the last quarter. Finally, Invesco Ltd. raised 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 valued at $257,700,000 after acquiring an additional 82,312 shares during the period. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Stock Performance

Shares of FRT opened at $104.48 on Monday. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $110.89. The stock’s 50-day simple moving average is $104.60 and its 200 day simple moving average is $101.01. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67. The stock has a market capitalization of $9.01 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 4.59 and a beta of 0.99.

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 net margin of 32.14% and a return on equity of 13.10%. The company had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. During the same quarter in the prior year, the company earned $1.73 earnings per share. The company’s quarterly revenue 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 EPS 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 paid a $1.13 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $4.52 annualized dividend and a yield of 4.3%. Federal Realty Investment Trust’s dividend payout ratio is currently 96.79%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Jefferies Financial Group raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their price objective for the company from $101.00 to $115.00 in a report on Monday, December 15th. Scotiabank lowered 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 report on Wednesday, January 14th. Piper Sandler upped their price target on shares of 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. Truist Financial raised their price objective 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. Finally, Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research note on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $111.13.

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.