VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Federal Realty Investment Trust $FRT

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 12,800 shares of the real estate investment trust’s stock, valued at approximately $1,580,000.

Several other institutional investors have also recently modified their holdings of the stock. Jones Financial Companies Lllp increased its position in Federal Realty Investment Trust by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 514 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Federal Realty Investment Trust by 43.1% in the first quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock worth $59,922,000 after acquiring an additional 184,557 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Federal Realty Investment Trust by 12.5% in the first quarter. Empowered Funds LLC now owns 3,205 shares of the real estate investment trust’s stock valued at $310,000 after acquiring an additional 355 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Federal Realty Investment Trust in the second quarter valued at $2,895,000. Finally, EverSource Wealth Advisors LLC boosted 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 during the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

Federal Realty Investment Trust stock opened at $114.46 on Friday. The firm has a market capitalization of $9.89 billion, a P/E ratio of 23.12, a PEG ratio of 2.83 and a beta of 0.91. The stock has a fifty day moving average price of $120.15 and a 200 day moving average price of $115.93. Federal Realty Investment Trust has a 52 week low of $90.03 and a 52 week high of $128.21. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.46.

Federal Realty Investment Trust (NYSE:FRT) last issued 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 during the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%.The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.91 earnings per share. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Equities research analysts anticipate 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 given a $1.16 dividend. 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 dividend yield of 4.1%. The ex-dividend date of this dividend is Thursday, October 1st. Federal Realty Investment Trust’s dividend payout ratio is 91.31%.

Analyst Ratings Changes

FRT has been the subject of several analyst reports. Wolfe Research initiated coverage on shares of Federal Realty Investment Trust in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 target price for the company. Evercore set a $122.00 price target on shares of Federal Realty Investment Trust in a research note on Tuesday, July 7th. Mizuho set a $130.00 price target on shares of Federal Realty Investment Trust and gave the stock an “outperform” rating in a report on Monday, June 1st. Raymond James Financial reissued an “outperform” rating and issued a $135.00 price objective on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. Finally, Wells Fargo & Company upped their price objective on shares of Federal Realty Investment Trust from $129.00 to $134.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus 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.