West Family Investments Inc. Takes $638,000 Position in Federal Realty Investment Trust $FRT

West Family Investments Inc. purchased a new stake in 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 institutional investor purchased 5,167 shares of the real estate investment trust’s stock, valued at approximately $638,000.

A number of other institutional investors have also added to or reduced their stakes in FRT. Jones Financial Companies Lllp raised its stake in shares of Federal Realty Investment Trust by 21.5% in the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock valued at $284,000 after purchasing an additional 514 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Federal Realty Investment Trust by 43.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 612,574 shares of the real estate investment trust’s stock valued at $59,922,000 after purchasing an additional 184,557 shares during the last quarter. Empowered Funds LLC raised its holdings 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 buying an additional 355 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Federal Realty Investment Trust in the second quarter worth about $2,895,000. Finally, EverSource Wealth Advisors LLC raised its position in 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 worth $66,000 after purchasing an additional 109 shares during the last quarter. 93.86% of the stock is owned by institutional investors and hedge funds.

Federal Realty Investment Trust Price Performance

NYSE:FRT opened at $117.20 on Wednesday. The stock has a market capitalization of $10.13 billion, a PE ratio of 23.68, a P/E/G ratio of 2.88 and a beta of 0.91. The firm has a fifty day simple moving average of $120.54 and a 200 day simple moving average of $115.83. Federal Realty Investment Trust has a 1-year low of $90.03 and a 1-year 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 earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.85 by ($0.88). The firm had revenue of $335.71 million during the quarter, compared to analyst estimates of $331.92 million. Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last 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. On average, 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 disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a $1.16 dividend. 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. This represents a $4.64 annualized dividend and a dividend yield of 4.0%. Federal Realty Investment Trust’s payout ratio is currently 91.31%.

Analyst Ratings Changes

Several brokerages have recently issued reports on FRT. Citigroup upped their price target on Federal Realty Investment Trust from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Wolfe Research started coverage on shares of Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 price target for the company. Wells Fargo & Company increased their target price on Federal Realty Investment Trust from $129.00 to $134.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. UBS Group lifted their price target on Federal Realty Investment Trust from $118.00 to $127.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Mizuho set a $130.00 target price on Federal Realty Investment Trust and gave the company an “outperform” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $128.75.

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.