Federal Realty Investment Trust $FRT Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 59.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 6,353 shares of the real estate investment trust’s stock after selling 9,230 shares during the quarter. SG Americas Securities LLC’s holdings in Federal Realty Investment Trust were worth $644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hilltop National Bank purchased a new stake in Federal Realty Investment Trust in the second quarter valued at $28,000. Spire Wealth Management raised its stake in shares of Federal Realty Investment Trust by 365.3% during the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 263 shares during the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of Federal Realty Investment Trust in the 2nd quarter valued at about $41,000. Frazier Financial Advisors LLC purchased a new stake in shares of Federal Realty Investment Trust in the second quarter worth about $48,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Federal Realty Investment Trust by 18.8% in the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 109 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FRT has been the subject of several recent research reports. Mizuho set a $105.00 price target on Federal Realty Investment Trust in a research report on Friday, January 9th. Jefferies Financial Group raised shares of Federal Realty Investment Trust from a “hold” rating to a “buy” rating and lifted their target price for the company from $101.00 to $115.00 in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft set a $105.00 price target on shares of Federal Realty Investment Trust and gave the stock a “hold” rating in a report on Tuesday, October 7th. Stifel Nicolaus set a $109.50 price target on shares of Federal Realty Investment Trust in a research report on Thursday, December 18th. Finally, Scotiabank decreased their price objective on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating for the company in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $110.30.

Federal Realty Investment Trust Stock Down 0.8%

FRT stock opened at $101.67 on Friday. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $111.82. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. The firm has a 50-day simple moving average of $99.94 and a 200-day simple moving average of $98.16. The stock has a market capitalization of $8.77 billion, a P/E ratio of 25.80, a P/E/G ratio of 3.67 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.01. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The firm had revenue of $321.97 million for the quarter, compared to analyst estimates of $318.73 million. During the same period last year, the company posted $1.71 EPS. Federal Realty Investment Trust’s quarterly revenue was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. Equities analysts forecast that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is presently 114.72%.

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.