Squarepoint Ops LLC Acquires 27,541 Shares of Federal Realty Investment Trust $FRT

Squarepoint Ops LLC raised its holdings in Federal Realty Investment Trust (NYSE:FRT) by 96.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,191 shares of the real estate investment trust’s stock after purchasing an additional 27,541 shares during the quarter. Squarepoint Ops LLC’s holdings in Federal Realty Investment Trust were worth $6,936,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Allworth Financial LP raised its holdings in shares of Federal Realty Investment Trust by 14.1% during the 2nd quarter. Allworth Financial LP now owns 5,554 shares of the real estate investment trust’s stock worth $686,000 after buying an additional 687 shares in the last quarter. West Family Investments Inc. acquired a new stake in Federal Realty Investment Trust in the second quarter valued at about $638,000. Waverly Advisors LLC boosted its stake in Federal Realty Investment Trust by 13.5% in the second quarter. Waverly Advisors LLC now owns 3,820 shares of the real estate investment trust’s stock valued at $472,000 after buying an additional 453 shares in the last quarter. Corient Private Wealth LP grew its position in Federal Realty Investment Trust by 66.7% in the second quarter. Corient Private Wealth LP now owns 30,027 shares of the real estate investment trust’s stock valued at $3,707,000 after acquiring an additional 12,013 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Federal Realty Investment Trust in the second quarter valued at about $1,580,000. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Trading Down 0.3%

Shares of FRT stock opened at $114.79 on Friday. The company has a market cap of $9.92 billion, a P/E ratio of 23.19, a PEG ratio of 2.83 and a beta of 0.91. The stock has a 50 day simple moving average of $120.30 and a two-hundred day simple moving average of $115.95. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. Federal Realty Investment Trust has a fifty-two week low of $90.03 and a fifty-two week high of $128.21.

Federal Realty Investment Trust (NYSE:FRT) last posted its quarterly earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The business had revenue of $335.71 million for the quarter, compared to the consensus estimate of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.Federal Realty Investment Trust’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.91 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Research analysts forecast that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be paid a dividend of $1.16 per share. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. This represents a $4.64 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 1st. Federal Realty Investment Trust’s payout ratio is currently 91.31%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Jefferies Financial Group raised Federal Realty Investment Trust to a “strong-buy” rating in a research note on Friday, June 26th. Wells Fargo & Company lifted their price target on shares of Federal Realty Investment Trust from $129.00 to $134.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price objective on shares of Federal Realty Investment Trust from $124.00 to $129.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. UBS Group increased their price objective on shares of Federal Realty Investment Trust from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Mizuho set a $130.00 target price on shares of Federal Realty Investment Trust and gave the company an “outperform” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Federal Realty Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of $128.75.

About Federal Realty Investment Trust

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio includes shopping centers and properties that combine retail, dining, residential, office and other uses, with an emphasis on locations in affluent and densely populated communities.

The company’s properties are concentrated in major metropolitan markets along the East Coast, in California and in South Florida.