Royal Bank of Canada Buys 31,000 Shares of Federal Realty Investment Trust $FRT

Royal Bank of Canada boosted its stake in Federal Realty Investment Trust (NYSE:FRT) by 15.8% during the first quarter, Holdings Channel reports. The institutional investor owned 226,880 shares of the real estate investment trust’s stock after buying an additional 31,000 shares during the period. Royal Bank of Canada’s holdings in Federal Realty Investment Trust were worth $24,098,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Federal Realty Investment Trust during the fourth quarter worth approximately $734,290,000. State Street Corp increased its stake in shares of Federal Realty Investment Trust by 1.4% during the third quarter. State Street Corp now owns 6,668,743 shares of the real estate investment trust’s stock worth $675,610,000 after purchasing an additional 90,127 shares during the period. Resolution Capital Ltd increased its stake in shares of Federal Realty Investment Trust by 10.3% during 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 purchasing an additional 340,524 shares during the period. Invesco Ltd. increased its stake in shares of Federal Realty Investment Trust by 2.7% during the fourth quarter. Invesco Ltd. now owns 2,732,796 shares of the real estate investment trust’s stock worth $275,466,000 after purchasing an additional 72,718 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Federal Realty Investment Trust by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 2,198,241 shares of the real estate investment trust’s stock worth $221,217,000 after purchasing an additional 23,214 shares during the last quarter. 93.86% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have commented on FRT shares. Deutsche Bank Aktiengesellschaft raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and set a $135.00 price objective on the stock in a report on Friday, May 29th. UBS Group lifted their target price on Federal Realty Investment Trust from $118.00 to $127.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Barclays boosted their target price on shares of Federal Realty Investment Trust from $116.00 to $120.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Mizuho set a $130.00 price target on shares of Federal Realty Investment Trust and gave the stock an “outperform” rating in a research report on Monday, June 1st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $128.25.

Federal Realty Investment Trust Price Performance

FRT stock opened at $121.75 on Thursday. The company’s 50-day moving average price is $122.97 and its two-hundred day moving average price is $113.46. The firm has a market cap of $10.52 billion, a P/E ratio of 24.60, a P/E/G ratio of 2.83 and a beta of 0.93. The company has a quick ratio of 1.64, a current ratio of 1.70 and a debt-to-equity ratio of 1.46. Federal Realty Investment Trust has a 12 month low of $90.03 and a 12 month 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 EPS for the quarter, missing analysts’ consensus estimates of $1.85 by ($0.88). The business had revenue of $338.39 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 quarterly revenue was up 7.8% on a year-over-year basis. During the same period last year, the firm posted $1.91 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. On average, analysts anticipate that Federal Realty Investment Trust will post 7.53 earnings per share for the current fiscal year.

Federal Realty Investment Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, October 1st. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.13. Federal Realty Investment Trust’s payout ratio is currently 91.31%.

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.