M&T Bank Corp Acquires Shares of 9,403 Federal Realty Investment Trust $FRT

M&T Bank Corp acquired a new stake in Federal Realty Investment Trust (NYSE:FRTFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,403 shares of the real estate investment trust’s stock, valued at approximately $948,000.

Several other hedge funds also recently added to or reduced their stakes in FRT. True Wealth Design LLC raised its position in Federal Realty Investment Trust by 88.7% in the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 126 shares during the period. Private Trust Co. NA raised its position in Federal Realty Investment Trust by 937.5% in the fourth quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the period. Advisory Services Network LLC purchased a new position in Federal Realty Investment Trust in the third quarter valued at about $35,000. Quent Capital LLC purchased a new position in Federal Realty Investment Trust in the third quarter valued at about $39,000. Finally, Hantz Financial Services Inc. raised its position in Federal Realty Investment Trust by 1,148.5% in the third quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust’s stock valued at $42,000 after purchasing an additional 379 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FRT shares. Weiss Ratings upgraded Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Evercore set a $110.00 target price on Federal Realty Investment Trust in a research note on Monday, May 4th. Stifel Nicolaus raised their target price on Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a research note on Friday, February 13th. Barclays lowered their target price on Federal Realty Investment Trust from $109.00 to $107.00 and set an “equal weight” rating for the company in a research note on Monday, April 13th. Finally, Piper Sandler raised their target price on Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus target price of $113.13.

Read Our Latest Analysis on FRT

Federal Realty Investment Trust Stock Up 0.0%

Shares of Federal Realty Investment Trust stock opened at $115.71 on Monday. The business has a 50-day moving average of $108.34 and a 200-day moving average of $103.33. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market capitalization of $10.00 billion, a PE ratio of 20.09, a P/E/G ratio of 4.49 and a beta of 0.92. Federal Realty Investment Trust has a 1-year low of $89.99 and a 1-year high of $117.22.

Federal Realty Investment Trust (NYSE:FRTGet Free Report) last posted its quarterly earnings results 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). The firm had revenue of $336.05 million during the quarter, compared to analyst estimates of $327.65 million. Federal Realty Investment Trust had a return on equity of 15.99% and a net margin of 38.63%.The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the business posted $1.73 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, equities analysts forecast that Federal Realty Investment Trust will post 7.51 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Wednesday, July 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 78.47%.

Federal Realty Investment Trust Company Profile

(Free Report)

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.

Further Reading

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

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