First Trust Advisors LP lifted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 5.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 184,056 shares of the real estate investment trust’s stock after acquiring an additional 9,044 shares during the quarter. First Trust Advisors LP owned 0.25% of Federal Realty Investment Trust worth $22,862,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of FRT. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Federal Realty Investment Trust by 0.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 5,367 shares of the real estate investment trust’s stock worth $678,000 after buying an additional 18 shares during the last quarter. ING Groep NV increased its position in Federal Realty Investment Trust by 0.6% in the second quarter. ING Groep NV now owns 3,699 shares of the real estate investment trust’s stock worth $468,000 after buying an additional 22 shares during the last quarter. Kemper Corp Master Retirement Trust increased its position in Federal Realty Investment Trust by 1.4% in the second quarter. Kemper Corp Master Retirement Trust now owns 1,750 shares of the real estate investment trust’s stock worth $221,000 after buying an additional 25 shares during the last quarter. State of Tennessee Treasury Department increased its position in Federal Realty Investment Trust by 0.3% in the second quarter. State of Tennessee Treasury Department now owns 19,757 shares of the real estate investment trust’s stock worth $2,497,000 after buying an additional 60 shares during the last quarter. Finally, Xact Kapitalforvaltning AB increased its position in Federal Realty Investment Trust by 1.7% in the second quarter. Xact Kapitalforvaltning AB now owns 5,596 shares of the real estate investment trust’s stock worth $707,000 after buying an additional 91 shares during the last quarter. 93.47% of the stock is owned by institutional investors.

In other news, EVP Dawn M. Becker sold 21,814 shares of the company’s stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $130.91, for a total value of $2,855,670.74. Following the completion of the sale, the executive vice president now directly owns 145,809 shares in the company, valued at approximately $19,087,856.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald C. Wood sold 2,772 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $133.06, for a total value of $368,842.32. The disclosure for this sale can be found here. Insiders sold a total of 57,495 shares of company stock valued at $7,538,395 over the last 90 days. 1.10% of the stock is currently owned by company insiders.

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A number of analysts have issued reports on FRT shares. BMO Capital Markets started coverage on Federal Realty Investment Trust in a research report on Monday, September 11th. They issued an “outperform” rating and a $145.00 target price for the company. Jefferies Group LLC reissued a “hold” rating and issued a $136.00 target price on shares of Federal Realty Investment Trust in a research report on Tuesday, July 25th. BidaskClub raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating in a research report on Monday, July 24th. Boenning Scattergood set a $140.00 target price on Federal Realty Investment Trust and gave the stock a “buy” rating in a research report on Friday, August 4th. Finally, Citigroup Inc. raised their target price on Federal Realty Investment Trust from $147.00 to $148.00 and gave the stock a “buy” rating in a research report on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. Federal Realty Investment Trust presently has a consensus rating of “Buy” and an average target price of $140.25.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $1.50 EPS for the quarter, topping the consensus estimate of $1.47 by $0.03. The firm had revenue of $217.95 million during the quarter, compared to analyst estimates of $213.63 million. Federal Realty Investment Trust had a return on equity of 13.45% and a net margin of 35.50%. Federal Realty Investment Trust’s revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.41 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be paid a $1.00 dividend. The ex-dividend date is Friday, December 29th. This represents a $4.00 annualized dividend and a dividend yield of 3.12%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 97.56%.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

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Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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