Healthcare of Ontario Pension Plan Trust Fund Has $4.77 Million Stake in Federal Realty Investment Trust $FRT

Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Federal Realty Investment Trust (NYSE:FRT) by 661.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,932 shares of the real estate investment trust’s stock after buying an additional 39,029 shares during the period. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.05% of Federal Realty Investment Trust worth $4,772,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Danske Bank A S lifted its holdings in shares of Federal Realty Investment Trust by 16.7% during the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust’s stock worth $71,000 after acquiring an additional 100 shares during the period. New Mexico Educational Retirement Board raised its position in Federal Realty Investment Trust by 2.8% during the fourth quarter. New Mexico Educational Retirement Board now owns 3,650 shares of the real estate investment trust’s stock valued at $368,000 after purchasing an additional 100 shares in the last quarter. Kestra Private Wealth Services LLC raised its position in Federal Realty Investment Trust by 2.7% during the fourth quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust’s stock valued at $388,000 after purchasing an additional 103 shares in the last quarter. Equitable Holdings Inc. lifted its stake in Federal Realty Investment Trust by 3.5% during the third quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 105 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Federal Realty Investment Trust by 18.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FRT. UBS Group upped their price objective on Federal Realty Investment Trust from $118.00 to $127.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Raymond James Financial reissued 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. Barclays increased their target price on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Wells Fargo & Company raised 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 research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $127.62.

Federal Realty Investment Trust Stock Down 0.4%

Shares of Federal Realty Investment Trust stock opened at $125.66 on Thursday. Federal Realty Investment Trust has a one year low of $89.99 and a one year high of $128.21. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.64 and a quick ratio of 1.64. The stock’s 50-day moving average is $122.63 and its 200 day moving average is $112.71. The firm has a market cap of $10.86 billion, a price-to-earnings ratio of 21.82, a PEG ratio of 3.00 and a beta of 0.93.

Federal Realty Investment Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were paid a $1.13 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $4.52 annualized dividend and a yield of 3.6%. Federal Realty Investment Trust’s payout ratio is 78.47%.

Federal Realty Investment Trust Company Profile

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.