Federal Realty Investment Trust (NYSE:FRT) Sets New 1-Year High – What’s Next?

Federal Realty Investment Trust (NYSE:FRT)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $122.71 and last traded at $122.4730, with a volume of 282152 shares traded. The stock had previously closed at $120.81.

Wall Street Analyst Weigh In

FRT has been the topic of several research reports. Deutsche Bank Aktiengesellschaft raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a report on Friday, May 29th. UBS Group set a $130.00 price objective on Federal Realty Investment Trust in a report on Monday, June 1st. Barclays upped their price objective on Federal Realty Investment Trust from $116.00 to $120.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Stifel Nicolaus upped their price objective on Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a “hold” rating in a report on Friday, February 13th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Federal Realty Investment Trust in a report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.21.

Federal Realty Investment Trust Stock Performance

The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.64 and a current ratio of 1.64. The stock’s 50-day moving average is $113.00 and its 200 day moving average is $106.22. The firm has a market cap of $10.60 billion, a P/E ratio of 21.30, a PEG ratio of 2.92 and a beta of 0.94.

Federal Realty Investment Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a $1.13 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.7%. Federal Realty Investment Trust’s dividend payout ratio is currently 78.47%.

Institutional Trading of Federal Realty Investment Trust

Large investors have recently made changes to their positions in the company. Park Square Financial Group LLC bought a new stake in shares of Federal Realty Investment Trust in the 4th quarter valued at $25,000. Turning Point Benefit Group Inc. increased its position in shares of Federal Realty Investment Trust by 1,853.8% in the 4th quarter. Turning Point Benefit Group Inc. now owns 254 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 241 shares in the last quarter. True Wealth Design LLC increased its position in shares of Federal Realty Investment Trust by 88.7% in the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 126 shares in the last quarter. Private Trust Co. NA increased its position in shares of Federal Realty Investment Trust by 937.5% in the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 300 shares in the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Federal Realty Investment Trust in the 3rd quarter valued at $35,000. Institutional investors own 93.86% of the company’s stock.

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.