Squarepoint Ops LLC Has $6.94 Million Stock Position in Federal Realty Investment Trust $FRT

Squarepoint Ops LLC raised its stake in Federal Realty Investment Trust (NYSE:FRT) by 96.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,191 shares of the real estate investment trust’s stock after acquiring an additional 27,541 shares during the quarter. Squarepoint Ops LLC owned about 0.07% of Federal Realty Investment Trust worth $6,936,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its stake in shares of Federal Realty Investment Trust by 21.5% during the first quarter. Jones Financial Companies Lllp now owns 2,903 shares of the real estate investment trust’s stock worth $284,000 after purchasing an additional 514 shares during the period. Goldman Sachs Group Inc. grew its holdings 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 buying an additional 184,557 shares in the last quarter. Empowered Funds LLC grew its holdings in Federal Realty Investment Trust by 12.5% in the 1st 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 in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Federal Realty Investment Trust during the 2nd quarter worth $2,895,000. Finally, EverSource Wealth Advisors LLC increased its position in Federal Realty Investment Trust by 18.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 109 shares during the period. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

FRT opened at $114.79 on Friday. The firm has a market cap of $9.92 billion, a P/E ratio of 23.19, a price-to-earnings-growth ratio of 2.83 and a beta of 0.91. Federal Realty Investment Trust has a 52-week low of $90.03 and a 52-week high of $128.21. 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 fifty day moving average is $120.30 and its 200-day moving average is $115.95.

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). Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The company had revenue of $335.71 million during the quarter, compared to analyst estimates of $331.92 million. During the same period last year, the firm earned $1.91 EPS. The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. Sell-side analysts expect that Federal Realty Investment Trust will post 7.54 EPS 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. Stockholders of record on Thursday, October 1st will be given a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 4.0%. The ex-dividend date 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 dividend payout ratio is presently 91.31%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on FRT shares. Wolfe Research started coverage on shares of Federal Realty Investment Trust in a research report on Wednesday, July 8th. They issued an “outperform” rating and a $143.00 target price for the company. Weiss Ratings lowered shares of Federal Realty Investment Trust from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, September 1st. JPMorgan Chase & Co. lifted their price objective on shares of Federal Realty Investment Trust from $124.00 to $129.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Citigroup boosted 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 report on Wednesday, August 5th. Finally, Raymond James Financial restated an “outperform” rating and set a $135.00 target price on shares of Federal Realty Investment Trust in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Federal Realty Investment Trust has a consensus rating of “Moderate Buy” and an average price target of $128.75.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates, develops and redevelops retail and mixed-use properties. Its portfolio includes shopping centers and properties that combine retail, dining, residential, office and other uses, with an emphasis on locations in affluent and densely populated communities.

The company’s properties are concentrated in major metropolitan markets along the East Coast, in California and in South Florida.