Federal Realty Investment Trust (NYSE:FRT) Director Sells $163,335.00 in Stock

Federal Realty Investment Trust (NYSE:FRT) Director Nicole Lamb-Hale sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $108.89, for a total value of $163,335.00. Following the completion of the transaction, the director directly owned 4,613 shares in the company, valued at approximately $502,309.57. This represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Federal Realty Investment Trust Price Performance

FRT traded down $0.27 during trading on Thursday, reaching $108.02. 990,390 shares of the company traded hands, compared to its average volume of 880,497. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. Federal Realty Investment Trust has a 12-month low of $90.03 and a 12-month high of $128.21. The firm has a fifty day simple moving average of $117.03 and a 200 day simple moving average of $116.24. The company has a market cap of $9.33 billion, a P/E ratio of 21.82, a PEG ratio of 2.82 and a beta of 0.91.

Federal Realty Investment Trust (NYSE:FRT) last released its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 EPS for the quarter, missing the consensus estimate of $1.85 by ($0.88). The company had revenue of $335.71 million during the quarter, compared to analysts’ expectations of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.Federal Realty Investment Trust’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. On average, equities analysts forecast that Federal Realty Investment Trust will post 7.54 EPS for the current year.

Federal Realty Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $1.16 dividend. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. This represents a $4.64 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Thursday, October 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 93.74%.

Analyst Ratings Changes

Several research firms have weighed in on FRT. Jefferies Financial Group upgraded Federal Realty Investment Trust to a “strong-buy” rating in a report on Friday, June 26th. Scotiabank dropped their price objective on shares of Federal Realty Investment Trust from $128.00 to $126.00 and set a “sector outperform” rating for the company in a research note on Thursday, September 17th. UBS Group set a $117.00 target price on shares of Federal Realty Investment Trust in a report on Thursday, September 24th. Mizuho decreased their target price on shares of Federal Realty Investment Trust from $130.00 to $117.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $135.00 price target on shares of Federal Realty Investment Trust in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $126.94.

Institutional Trading of Federal Realty Investment Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of FRT. Engineers Gate Manager LP purchased a new position in Federal Realty Investment Trust in the 2nd quarter worth about $3,350,000. Integrated Wealth Concepts LLC boosted its position in Federal Realty Investment Trust by 8.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 10,083 shares of the real estate investment trust’s stock valued at $1,245,000 after buying an additional 780 shares during the period. NewEdge Advisors LLC boosted its position in Federal Realty Investment Trust by 13.2% in the 2nd quarter. NewEdge Advisors LLC now owns 6,690 shares of the real estate investment trust’s stock valued at $826,000 after buying an additional 778 shares during the period. Squarepoint Ops LLC grew its stake in Federal Realty Investment Trust by 96.1% in the 2nd quarter. Squarepoint Ops LLC now owns 56,191 shares of the real estate investment trust’s stock worth $6,936,000 after acquiring an additional 27,541 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Federal Realty Investment Trust by 14.1% in the 2nd quarter. Allworth Financial LP now owns 5,554 shares of the real estate investment trust’s stock worth $686,000 after acquiring an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 93.86% of the company’s stock.

About Federal Realty Investment Trust

Federal Realty Investment Trust (NYSE:FRT) is a real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio is focused primarily on high-quality shopping centers and properties that combine retail, dining, entertainment, office and residential uses.

Founded in 1962, Federal Realty serves densely populated and affluent communities in major metropolitan markets, including the Mid-Atlantic, Northeast, Florida and California. The company’s properties are anchored by grocery stores, specialty retailers, restaurants and other service-oriented businesses, with select developments incorporating apartments, offices and public spaces.

In addition to owning real estate, Federal Realty provides property management, leasing, development and redevelopment services designed to maintain and enhance its properties over the long term.