45,084 Federal Realty Investment Trust $FRT Shares Sold by Vest Financial LLC

Vest Financial LLC trimmed its position in shares of Federal Realty Investment Trust (NYSE:FRT) by 10.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 391,868 shares of the real estate investment trust’s stock after selling 45,084 shares during the period. Vest Financial LLC’s holdings in Federal Realty Investment Trust were worth $42,435,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FRT. Resolution Capital Ltd lifted its stake in Federal Realty Investment Trust by 10.3% in the first quarter. Resolution Capital Ltd now owns 3,644,575 shares of the real estate investment trust’s stock worth $387,090,000 after acquiring an additional 340,524 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Federal Realty Investment Trust by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,284,001 shares of the real estate investment trust’s stock worth $136,368,000 after acquiring an additional 53,109 shares in the last quarter. Wellington Management Group LLP acquired a new position in Federal Realty Investment Trust during the 2nd quarter worth approximately $59,832,000. Bank of America Corp DE grew its holdings in Federal Realty Investment Trust by 90.2% during the 1st quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust’s stock worth $54,114,000 after acquiring an additional 241,684 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in Federal Realty Investment Trust by 0.6% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 438,553 shares of the real estate investment trust’s stock worth $46,579,000 after acquiring an additional 2,535 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on FRT shares. Citigroup increased their price objective on shares of Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Scotiabank decreased their price objective on shares of Federal Realty Investment Trust from $128.00 to $126.00 and set a “sector outperform” rating for the company in a research report on Thursday, September 17th. Barclays decreased their price objective on shares of Federal Realty Investment Trust from $123.00 to $118.00 and set an “equal weight” rating for the company in a research report on Monday, September 28th. Raymond James Financial reiterated an “outperform” rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a research note on Monday, June 29th. Finally, Jefferies Financial Group upgraded shares of Federal Realty Investment Trust to a “strong-buy” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.06.

Federal Realty Investment Trust Trading Down 0.7%

FRT opened at $105.77 on Thursday. Federal Realty Investment Trust has a one year low of $90.03 and a one year high of $128.21. The company has a market cap of $9.14 billion, a P/E ratio of 21.37, a PEG ratio of 2.66 and a beta of 0.93. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. The business’s 50-day simple moving average is $112.15 and its 200-day simple moving average is $116.35.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.85 by ($0.88). The business had revenue of $335.71 million for 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%. Federal Realty Investment Trust’s revenue was up 7.8% on a year-over-year basis. During the same period last year, the business posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, equities research analysts expect that Federal Realty Investment Trust will post 7.54 EPS for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were paid a $1.16 dividend. This is an increase from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. This represents a $4.64 annualized dividend and a yield of 4.4%. The ex-dividend date was Thursday, October 1st. Federal Realty Investment Trust’s payout ratio is currently 93.74%.

Insider Buying and Selling

In other Federal Realty Investment Trust news, Director Nicole Lamb-Hale sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $108.89, for a total transaction of $163,335.00. Following the sale, the director owned 4,613 shares of the company’s stock, valued at approximately $502,309.57. This trade represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.10% of the stock is owned by corporate insiders.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates and redevelops high-quality retail and mixed-use properties. Its portfolio includes shopping centers, street retail, and mixed-use developments that combine retail, residential, office and hospitality uses.

The company focuses on densely populated, affluent communities and prominent locations in major metropolitan markets. Its properties are concentrated in regions including the Northeast, Mid-Atlantic, California and South Florida, and are leased to a broad range of retailers, restaurants, service providers and other commercial tenants.

Founded in 1962, Federal Realty has developed and managed properties designed to serve both local communities and national retailers.