Infrastructure Capital Advisors LLC Has $1.66 Million Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Infrastructure Capital Advisors LLC increased its holdings in Federal Realty Investment Trust (NYSE:FRT) by 5.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,590 shares of the real estate investment trust’s stock after purchasing an additional 815 shares during the period. Infrastructure Capital Advisors LLC’s holdings in Federal Realty Investment Trust were worth $1,661,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FRT. O Shaughnessy Asset Management LLC acquired a new stake in shares of Federal Realty Investment Trust during the first quarter worth approximately $231,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Federal Realty Investment Trust by 6.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 309,103 shares of the real estate investment trust’s stock worth $31,567,000 after buying an additional 19,453 shares in the last quarter. Tidal Investments LLC acquired a new stake in shares of Federal Realty Investment Trust during the first quarter worth approximately $252,000. iA Global Asset Management Inc. increased its holdings in shares of Federal Realty Investment Trust by 19.5% during the first quarter. iA Global Asset Management Inc. now owns 2,221 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 362 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Federal Realty Investment Trust by 274.5% during the first quarter. Cetera Investment Advisers now owns 21,711 shares of the real estate investment trust’s stock worth $2,217,000 after buying an additional 15,914 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Compass Point raised their price objective on shares of Federal Realty Investment Trust from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Wells Fargo & Company increased their price target on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an “overweight” rating in a research note on Wednesday, August 28th. Raymond James increased their price target on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, August 16th. Piper Sandler increased their price target on shares of Federal Realty Investment Trust from $122.00 to $135.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, Scotiabank increased their price target on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, Federal Realty Investment Trust presently has a consensus rating of “Moderate Buy” and an average target price of $123.38.

Insider Buying and Selling at Federal Realty Investment Trust

In other Federal Realty Investment Trust news, CEO Donald C. Wood sold 5,937 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $116.47, for a total value of $691,482.39. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

Federal Realty Investment Trust Price Performance

Shares of FRT stock opened at $117.53 on Friday. Federal Realty Investment Trust has a 52-week low of $92.78 and a 52-week high of $118.34. The stock has a market cap of $9.75 billion, a PE ratio of 34.17, a PEG ratio of 2.33 and a beta of 1.24. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.56 and a current ratio of 1.56. The firm’s 50 day moving average price is $113.36 and its two-hundred day moving average price is $109.36.

Federal Realty Investment Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be paid a $1.10 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $4.40 dividend on an annualized basis and a yield of 3.74%. Federal Realty Investment Trust’s payout ratio is presently 127.91%.

About Federal Realty Investment Trust

Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail-based properties located primarily in major coastal markets from Washington, DC to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long-term, sustainable growth through investing in communities where retail demand exceeds supply.