Groupama Asset Managment acquired a new stake in Federal Realty Investment Trust (NYSE:FRT – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 17,545 shares of the real estate investment trust’s stock, valued at approximately $1,777,000.
A number of other hedge funds have also made changes to their positions in the stock. Advisory Services Network LLC acquired a new stake in Federal Realty Investment Trust in the third quarter worth approximately $35,000. Quent Capital LLC acquired a new position in shares of Federal Realty Investment Trust during the 3rd quarter valued at $39,000. Loomis Sayles & Co. L P acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter valued at $41,000. Hantz Financial Services Inc. raised its stake in shares of Federal Realty Investment Trust by 1,148.5% in the 3rd 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 in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in shares of Federal Realty Investment Trust by 87.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 491 shares of the real estate investment trust’s stock worth $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.
Wall Street Analyst Weigh In
FRT has been the subject of several research reports. Wells Fargo & Company raised their target price on Federal Realty Investment Trust from $113.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday. Evercore set a $107.00 price target on shares of Federal Realty Investment Trust in a research report on Tuesday, February 17th. Truist Financial upped their price target on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. UBS Group set a $113.00 price objective on shares of Federal Realty Investment Trust in a research report on Wednesday, January 14th. Finally, Piper Sandler lifted their price objective on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. One equities research 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.60.
Federal Realty Investment Trust Stock Performance
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 firm has a market cap of $9.18 billion, a PE ratio of 22.77, a P/E/G ratio of 4.64 and a beta of 0.99. The business has a fifty day simple moving average of $105.00 and a 200-day simple moving average of $101.16. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $110.89.
Federal Realty Investment Trust (NYSE:FRT – Get Free Report) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The company had revenue of $336.05 million for the quarter, compared to analyst estimates of $327.65 million. During the same period last year, the firm earned $1.73 earnings per share. The firm’s revenue for the quarter 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. As a group, equities analysts predict that Federal Realty Investment Trust will post 7.15 EPS 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. Shareholders of record on Wednesday, April 1st will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, April 1st. Federal Realty Investment Trust’s payout ratio 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.
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