Federal Realty Investment Trust (NYSE:FRT) Upgraded to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Federal Realty Investment Trust (NYSE:FRT) from a sell rating to a hold rating in a research report report published on Saturday.

FRT has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft set a $105.00 price objective on shares of Federal Realty Investment Trust and gave the company a “hold” rating in a research note on Tuesday, October 7th. Truist Financial increased their price target 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. Stifel Nicolaus set a $109.50 price objective on Federal Realty Investment Trust in a report on Thursday, December 18th. Jefferies Financial Group upgraded Federal Realty Investment Trust from a “hold” rating to a “buy” rating and upped their target price for the company from $101.00 to $115.00 in a research note on Monday, December 15th. Finally, LADENBURG THALM/SH SH raised Federal Realty Investment Trust to a “strong-buy” rating in a research note on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.30.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $102.33 on Friday. 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 fifty-two week low of $80.65 and a fifty-two week high of $113.00. The business has a fifty day moving average of $98.50 and a 200-day moving average of $97.34. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 25.97, a price-to-earnings-growth ratio of 3.76 and a beta of 1.01.

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

Federal Realty Investment Trust Announces Dividend

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

Institutional Trading of Federal Realty Investment Trust

Institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP lifted its position in Federal Realty Investment Trust by 24.3% during the third quarter. Allworth Financial LP now owns 3,042 shares of the real estate investment trust’s stock valued at $308,000 after buying an additional 595 shares in the last quarter. IFP Advisors Inc lifted its holdings in shares of Federal Realty Investment Trust by 29.8% during the 3rd quarter. IFP Advisors Inc now owns 997 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 229 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of Federal Realty Investment Trust by 76.0% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 3,741 shares of the real estate investment trust’s stock valued at $379,000 after acquiring an additional 1,615 shares in the last quarter. Groupama Asset Managment purchased a new stake in Federal Realty Investment Trust during the 3rd quarter worth $1,777,000. Finally, CIBC Private Wealth Group LLC increased its holdings in Federal Realty Investment Trust by 25.8% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,019 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 209 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

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.