Mizuho Markets Americas LLC Sells 4,664 Shares of Federal Realty Investment Trust $FRT

Mizuho Markets Americas LLC lessened its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 4.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 108,382 shares of the real estate investment trust’s stock after selling 4,664 shares during the period. Mizuho Markets Americas LLC’s holdings in Federal Realty Investment Trust were worth $10,925,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Danske Bank A S raised its stake in shares of Federal Realty Investment Trust by 16.7% during the fourth quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock valued at $71,000 after acquiring an additional 100 shares in the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of Federal Realty Investment Trust by 2.7% during the fourth quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock valued at $388,000 after acquiring an additional 103 shares in the last quarter. Equitable Holdings Inc. raised its stake 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 valued at $315,000 after acquiring an additional 105 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake 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 valued at $66,000 after acquiring an additional 109 shares in the last quarter. Finally, Fort Point Capital Partners LLC raised its stake in shares of Federal Realty Investment Trust by 1.4% during the third quarter. Fort Point Capital Partners LLC now owns 7,757 shares of the real estate investment trust’s stock valued at $786,000 after acquiring an additional 110 shares in the last quarter. Institutional investors own 93.86% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on FRT. Stifel Nicolaus lifted their price target on shares of Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a research note on Friday, February 13th. Piper Sandler lifted their price target on shares of Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Scotiabank lifted their price target on shares of Federal Realty Investment Trust from $118.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday. Truist Financial lifted their price target on shares of Federal Realty Investment Trust from $111.00 to $112.00 and gave the company a “hold” rating in a research note on Monday, March 23rd. Finally, Evercore set a $110.00 price objective on shares of Federal Realty Investment Trust in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.79.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock opened at $119.83 on Friday. The business’s fifty day simple moving average is $109.92 and its 200-day simple moving average is $104.59. The company has a market cap of $10.35 billion, a PE ratio of 20.80, a PEG ratio of 4.48 and a beta of 0.92. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.51. Federal Realty Investment Trust has a 12-month low of $89.99 and a 12-month high of $120.20.

Federal Realty Investment Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $4.52 dividend on an annualized basis and a dividend yield of 3.8%. Federal Realty Investment Trust’s dividend payout ratio is presently 78.47%.

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.