Federal Realty Investment Trust $FRT Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in Federal Realty Investment Trust (NYSE:FRT) by 5.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,797,002 shares of the real estate investment trust’s stock after acquiring an additional 96,271 shares during the period. ProShare Advisors LLC’s holdings in Federal Realty Investment Trust were worth $182,054,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FRT. Smartleaf Asset Management LLC boosted its position in shares of Federal Realty Investment Trust by 114.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,096 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 584 shares during the period. Bessemer Group Inc. lifted its position in Federal Realty Investment Trust by 32.8% during the 3rd quarter. Bessemer Group Inc. now owns 773 shares of the real estate investment trust’s stock worth $78,000 after acquiring an additional 191 shares in the last quarter. Savant Capital LLC acquired a new stake in Federal Realty Investment Trust in the third quarter valued at approximately $817,000. Lokken Investment Group LLC raised its stake in shares of Federal Realty Investment Trust by 2.7% during the third quarter. Lokken Investment Group LLC now owns 13,323 shares of the real estate investment trust’s stock valued at $1,350,000 after purchasing an additional 348 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Federal Realty Investment Trust by 1.5% during the third quarter. Envestnet Asset Management Inc. now owns 76,808 shares of the real estate investment trust’s stock valued at $7,781,000 after purchasing an additional 1,107 shares during the period. 93.86% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

FRT has been the topic of a number of recent analyst reports. UBS Group set a $113.00 price objective on shares of Federal Realty Investment Trust in a report on Wednesday, January 14th. Scotiabank dropped their target price on Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Federal Realty Investment Trust in a report on Monday, December 29th. Wells Fargo & Company assumed coverage on Federal Realty Investment Trust in a research note on Tuesday, October 21st. They set an “overweight” rating and a $113.00 price objective for the company. Finally, Mizuho set a $105.00 target price on Federal Realty Investment Trust in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $110.30.

Federal Realty Investment Trust Trading Up 0.9%

Shares of NYSE FRT opened at $105.83 on Monday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.52. The stock’s 50 day moving average price is $100.92 and its two-hundred day moving average price is $98.77. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $111.82. The stock has a market capitalization of $9.13 billion, a P/E ratio of 26.86, a PEG ratio of 4.56 and a beta of 1.02.

Federal Realty Investment Trust 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.