Short Interest in Federal Realty Investment Trust (NYSE:FRT) Grows By 16.9%

Federal Realty Investment Trust (NYSE:FRT) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 2,810,838 shares, an increase of 16.9% from the February 12th total of 2,403,747 shares. Based on an average trading volume of 999,355 shares, the days-to-cover ratio is presently 2.8 days. Approximately 3.3% of the company’s stock are short sold. Approximately 3.3% of the company’s stock are short sold. Based on an average trading volume of 999,355 shares, the days-to-cover ratio is presently 2.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Federal Realty Investment Trust during the 4th quarter worth about $734,290,000. AQR Capital Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 116.3% in the 4th quarter. AQR Capital Management LLC now owns 1,820,547 shares of the real estate investment trust’s stock valued at $183,511,000 after buying an additional 979,064 shares during the period. Rakuten Investment Management Inc. purchased a new stake in shares of Federal Realty Investment Trust in the third quarter worth about $51,156,000. GRS Advisors LLC purchased a new stake in shares of Federal Realty Investment Trust in the second quarter worth about $47,517,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Federal Realty Investment Trust by 453.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 587,687 shares of the real estate investment trust’s stock worth $59,539,000 after acquiring an additional 481,427 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on FRT shares. UBS Group set a $113.00 target price on shares of Federal Realty Investment Trust in a research note on Wednesday, January 14th. 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 research note on Tuesday, December 2nd. Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Saturday, December 27th. Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a report on Friday, January 9th. Finally, Piper Sandler boosted their price objective on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $111.13.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $106.41 on Tuesday. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $110.89. The business’s 50 day moving average price is $104.73 and its 200 day moving average price is $101.05. 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 P/E ratio of 22.79, a P/E/G ratio of 4.59 and a beta of 0.99.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly 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 business 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 business posted $1.73 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, sell-side analysts expect that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be given a dividend of $1.13 per share. The ex-dividend date is Wednesday, April 1st. This represents a $4.52 dividend on an annualized basis and a yield of 4.2%. Federal Realty Investment Trust’s payout ratio is currently 96.79%.

About Federal Realty Investment Trust

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.