JPMorgan Chase & Co. Trims Holdings in Federal Realty Investment Trust $FRT

JPMorgan Chase & Co. reduced its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 28.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,287,566 shares of the real estate investment trust’s stock after selling 512,262 shares during the period. JPMorgan Chase & Co.’s holdings in Federal Realty Investment Trust were worth $130,445,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in shares of Federal Realty Investment Trust by 18.8% during 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. Ethic Inc. lifted its position in Federal Realty Investment Trust by 3.3% during the 3rd quarter. Ethic Inc. now owns 3,987 shares of the real estate investment trust’s stock worth $404,000 after acquiring an additional 126 shares during the period. AlTi Global Inc. grew its stake in shares of Federal Realty Investment Trust by 0.7% in the 3rd quarter. AlTi Global Inc. now owns 18,431 shares of the real estate investment trust’s stock valued at $1,867,000 after purchasing an additional 127 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Federal Realty Investment Trust by 5.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 2,877 shares of the real estate investment trust’s stock valued at $273,000 after purchasing an additional 146 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Federal Realty Investment Trust by 0.5% in the third quarter. HighTower Advisors LLC now owns 32,783 shares of the real estate investment trust’s stock valued at $3,321,000 after purchasing an additional 161 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

NYSE:FRT opened at $107.51 on Friday. The firm’s fifty day simple moving average is $102.60 and its 200-day simple moving average is $99.63. 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 stock has a market cap of $9.28 billion, a PE ratio of 23.02, a price-to-earnings-growth ratio of 4.61 and a beta of 1.02. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $108.54.

Federal Realty Investment Trust (NYSE:FRT) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 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 analysts’ expectations of $327.65 million. During the same period in the prior year, the firm posted $1.73 EPS. The firm’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. Analysts expect 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 disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 96.79%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on FRT shares. Scotiabank decreased their price target on Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 14th. UBS Group set a $113.00 price objective on shares of Federal Realty Investment Trust in a research report on Wednesday, January 14th. Barclays reaffirmed a “positive” rating and issued a $107.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, January 13th. Stifel Nicolaus increased their price target on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a “hold” rating in a report on Friday, February 13th. Finally, Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.00.

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.