Strs Ohio Buys 74,601 Shares of Federal Realty Investment Trust $FRT

Strs Ohio increased its position in Federal Realty Investment Trust (NYSE:FRT) by 84.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,315 shares of the real estate investment trust’s stock after acquiring an additional 74,601 shares during the quarter. Strs Ohio’s holdings in Federal Realty Investment Trust were worth $16,545,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Hilltop National Bank purchased a new stake in shares of Federal Realty Investment Trust in the second quarter worth $28,000. Spire Wealth Management boosted its holdings in Federal Realty Investment Trust by 365.3% in the 2nd quarter. Spire Wealth Management now owns 335 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 263 shares during the period. Quent Capital LLC purchased a new stake in Federal Realty Investment Trust in the 3rd quarter worth $39,000. Loomis Sayles & Co. L P bought a new stake in Federal Realty Investment Trust during the second quarter valued at about $41,000. Finally, Frazier Financial Advisors LLC bought a new stake in Federal Realty Investment Trust during the second quarter valued at about $48,000. Hedge funds and other institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $101.75 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.60 and a quick ratio of 1.60. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $111.82. The business has a 50 day simple moving average of $100.03 and a two-hundred day simple moving average of $98.24. The stock has a market capitalization of $8.78 billion, a PE ratio of 25.82, a P/E/G ratio of 4.39 and a beta of 1.01.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results 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 firm had revenue of $321.97 million during the quarter, compared to the consensus estimate of $318.73 million. During the same period in the prior year, the company earned $1.71 EPS. The company’s quarterly revenue 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. On average, research analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were paid a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, January 2nd. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 114.72%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FRT. Stifel Nicolaus set a $109.50 price objective on Federal Realty Investment Trust in a research note on Thursday, December 18th. Evercore ISI lowered their price target on 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. Barclays reaffirmed a “positive” rating and set a $107.00 price objective on shares of Federal Realty Investment Trust in a report on Tuesday, January 13th. 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 report on Tuesday, October 7th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Federal Realty Investment Trust in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Federal Realty Investment Trust currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.30.

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.