Capital Fund Management S.A. Takes Position in Federal Realty Investment Trust $FRT

Capital Fund Management S.A. acquired a new position in Federal Realty Investment Trust (NYSE:FRT) in the 2nd quarter, Holdings Channel reports. The firm acquired 17,325 shares of the real estate investment trust’s stock, valued at approximately $1,646,000.

Other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Federal Realty Investment Trust by 103.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 5,770 shares of the real estate investment trust’s stock valued at $553,000 after purchasing an additional 2,928 shares in the last quarter. PGGM Investments increased its holdings in Federal Realty Investment Trust by 23.7% in the second quarter. PGGM Investments now owns 1,245,342 shares of the real estate investment trust’s stock valued at $118,295,000 after buying an additional 238,679 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in shares of Federal Realty Investment Trust by 32.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,311 shares of the real estate investment trust’s stock valued at $600,000 after acquiring an additional 1,553 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in Federal Realty Investment Trust by 207.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 401,428 shares of the real estate investment trust’s stock valued at $38,132,000 after purchasing an additional 270,835 shares during the last quarter. Finally, Teacher Retirement System of Texas grew its position in shares of Federal Realty Investment Trust by 7.7% in the 2nd quarter. Teacher Retirement System of Texas now owns 12,335 shares of the real estate investment trust’s stock valued at $1,172,000 after buying an additional 886 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FRT has been the topic of several research analyst reports. Evercore ISI cut their price target on Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a research report on Monday, November 3rd. Wall Street Zen lowered shares of Federal Realty Investment Trust from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Stifel Nicolaus set a $104.50 price objective on Federal Realty Investment Trust in a research report on Friday, October 31st. JPMorgan Chase & Co. increased their target price on shares of Federal Realty Investment Trust from $108.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, August 27th. Finally, Barclays reaffirmed an “equal weight” rating and set a $106.00 price target (down previously from $113.00) on shares of Federal Realty Investment Trust in a research note on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $108.25.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $97.07 on Friday. The business’s 50-day moving average price is $97.98 and its 200 day moving average price is $96.79. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.52. Federal Realty Investment Trust has a twelve month low of $80.65 and a twelve month high of $116.10. The company has a market capitalization of $8.37 billion, a PE ratio of 24.64, a price-to-earnings-growth ratio of 3.60 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $1.77 EPS for the quarter, topping the consensus estimate of $1.76 by $0.01. Federal Realty Investment Trust had a net margin of 27.65% and a return on equity of 11.12%. The firm had revenue of $321.97 million during the quarter, compared to analyst estimates of $318.73 million. During the same quarter in the prior year, the business posted $1.71 earnings per share. Federal Realty Investment Trust’s revenue for the quarter was up 6.2% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2025 guidance at 7.200-7.260 EPS. On average, research analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be paid a $1.13 dividend. This represents a $4.52 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s payout ratio is currently 114.72%.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.