Federal Realty Investment Trust $FRT Shares Purchased by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. raised its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 10.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,314 shares of the real estate investment trust’s stock after acquiring an additional 5,215 shares during the quarter. Resona Asset Management Co. Ltd. owned approximately 0.07% of Federal Realty Investment Trust worth $5,631,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. UniSuper Management Pty Ltd grew its position in shares of Federal Realty Investment Trust by 2.2% in the third quarter. UniSuper Management Pty Ltd now owns 42,264 shares of the real estate investment trust’s stock valued at $4,282,000 after purchasing an additional 892 shares during the last quarter. Teacher Retirement System of Texas lifted its stake in Federal Realty Investment Trust by 11.8% in the 3rd quarter. Teacher Retirement System of Texas now owns 13,794 shares of the real estate investment trust’s stock valued at $1,397,000 after buying an additional 1,459 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in Federal Realty Investment Trust during the 3rd quarter valued at $339,000. Strs Ohio grew its holdings in Federal Realty Investment Trust by 84.1% during the 3rd quarter. Strs Ohio now owns 163,315 shares of the real estate investment trust’s stock valued at $16,545,000 after buying an additional 74,601 shares during the last quarter. Finally, Bailard Inc. purchased a new position in Federal Realty Investment Trust during the third quarter worth $496,000. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

FRT has been the topic of several recent research reports. UBS Group set a $113.00 price objective on Federal Realty Investment Trust in a research report on Wednesday, January 14th. Evercore ISI reduced their target price on shares of Federal Realty Investment Trust from $106.00 to $105.00 and set an “in-line” rating on the stock in a report on Monday, November 3rd. Wall Street Zen upgraded shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a report on Saturday, December 27th. Mizuho set a $105.00 price objective on shares of Federal Realty Investment Trust in a research report on Friday, January 9th. Finally, Truist Financial upped their price objective on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $110.30.

Federal Realty Investment Trust Trading Down 0.1%

FRT stock opened at $101.44 on Wednesday. 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 company has a market cap of $8.75 billion, a price-to-earnings ratio of 25.75, a PEG ratio of 4.38 and a beta of 1.01. The business has a fifty day simple moving average of $100.24 and a 200-day simple moving average of $98.36. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $111.82.

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

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Friday, January 2nd were issued a $1.13 dividend. The ex-dividend date was Friday, January 2nd. This represents a $4.52 annualized dividend and a yield of 4.5%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

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.