Rockefeller Capital Management L.P. Has $19.04 Million Stock Position in Federal Realty Investment Trust $FRT

Rockefeller Capital Management L.P. grew its holdings in Federal Realty Investment Trust (NYSE:FRT) by 44.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,836 shares of the real estate investment trust’s stock after acquiring an additional 57,846 shares during the quarter. Rockefeller Capital Management L.P. owned 0.22% of Federal Realty Investment Trust worth $19,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Danske Bank A S raised its stake in Federal Realty Investment Trust by 16.7% in the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 100 shares in the last quarter. New Mexico Educational Retirement Board grew its position in shares of Federal Realty Investment Trust by 2.8% during the 4th quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock worth $368,000 after purchasing an additional 100 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in shares of Federal Realty Investment Trust by 2.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock worth $388,000 after purchasing an additional 103 shares in the last quarter. Equitable Holdings Inc. increased its holdings in shares of Federal Realty Investment Trust by 3.5% during the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 105 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Federal Realty Investment Trust by 18.8% during the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after purchasing an additional 109 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Trading Up 1.4%

NYSE FRT opened at $123.47 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 1.51. Federal Realty Investment Trust has a twelve month low of $89.99 and a twelve month high of $126.41. The company has a market cap of $10.67 billion, a price-to-earnings ratio of 21.44, a price-to-earnings-growth ratio of 2.90 and a beta of 0.94. The business’s fifty day moving average is $117.02 and its 200 day moving average is $108.43.

Federal Realty Investment Trust Dividend Announcement

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

Analyst Ratings Changes

FRT has been the subject of several recent research reports. Bank of America boosted their price target on Federal Realty Investment Trust from $125.00 to $128.00 and gave the company a “buy” rating in a research note on Friday, May 29th. UBS Group set a $130.00 price target on Federal Realty Investment Trust in a report on Monday, June 1st. 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 research note on Friday, May 29th. Weiss Ratings raised Federal Realty Investment Trust from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Finally, Barclays increased their target price on shares of 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. One research 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $123.21.

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.