Exchange Traded Concepts LLC Boosts Stock Holdings in Federal Realty Investment Trust $FRT

Exchange Traded Concepts LLC lifted its stake in Federal Realty Investment Trust (NYSE:FRT) by 93.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,028 shares of the real estate investment trust’s stock after purchasing an additional 6,764 shares during the period. Exchange Traded Concepts LLC’s holdings in Federal Realty Investment Trust were worth $1,421,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. American Century Companies Inc. raised its position in Federal Realty Investment Trust by 4.9% in the 1st quarter. American Century Companies Inc. now owns 29,849 shares of the real estate investment trust’s stock valued at $2,920,000 after purchasing an additional 1,400 shares in the last quarter. Wellington Management Group LLP raised its holdings in Federal Realty Investment Trust by 30.2% in the first quarter. Wellington Management Group LLP now owns 2,349 shares of the real estate investment trust’s stock valued at $230,000 after acquiring an additional 545 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Federal Realty Investment Trust by 4.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,183 shares of the real estate investment trust’s stock valued at $507,000 after acquiring an additional 197 shares in the last quarter. Comerica Bank grew its holdings in Federal Realty Investment Trust by 1.9% during the 1st quarter. Comerica Bank now owns 27,816 shares of the real estate investment trust’s stock worth $2,721,000 after acquiring an additional 527 shares in the last quarter. Finally, Landscape Capital Management L.L.C. purchased a new stake in shares of Federal Realty Investment Trust in the 1st quarter valued at approximately $1,513,000. 93.86% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays reaffirmed an “equal weight” rating and set a $106.00 price objective (down from $113.00) on shares of Federal Realty Investment Trust in a research report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft set a $105.00 price target on Federal Realty Investment Trust and gave the stock a “hold” rating in a report on Tuesday, October 7th. LADENBURG THALM/SH SH upgraded Federal Realty Investment Trust to a “strong-buy” rating in a report on Tuesday, September 9th. Truist Financial boosted their target price on Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a research note on Tuesday, December 2nd. Finally, Wall Street Zen raised Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $109.30.

Federal Realty Investment Trust Stock Down 0.0%

Shares of NYSE FRT opened at $102.33 on Friday. The business has a 50-day moving average price of $98.50 and a 200 day moving average price of $97.34. The stock has a market cap of $8.83 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 3.76 and a beta of 1.01. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $113.00.

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

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be given a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

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.