Lasalle Investment Management Securities LLC Sells 18,949 Shares of Federal Realty Investment Trust $FRT

Lasalle Investment Management Securities LLC reduced its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 6.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 277,443 shares of the real estate investment trust’s stock after selling 18,949 shares during the quarter. Federal Realty Investment Trust makes up approximately 1.1% of Lasalle Investment Management Securities LLC’s holdings, making the stock its 28th biggest position. Lasalle Investment Management Securities LLC’s holdings in Federal Realty Investment Trust were worth $28,108,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in Federal Realty Investment Trust during the second quarter worth $690,507,000. Rakuten Investment Management Inc. bought a new stake in Federal Realty Investment Trust during the 3rd quarter worth about $51,156,000. GRS Advisors LLC acquired a new position in shares of Federal Realty Investment Trust during the 2nd quarter worth about $47,517,000. Resolution Capital Ltd grew its holdings in shares of Federal Realty Investment Trust by 11.8% in the 2nd quarter. Resolution Capital Ltd now owns 3,264,653 shares of the real estate investment trust’s stock valued at $310,109,000 after acquiring an additional 344,189 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Federal Realty Investment Trust by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,273,108 shares of the real estate investment trust’s stock valued at $1,260,813,000 after acquiring an additional 244,854 shares during the last quarter. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Stock Performance

Shares of FRT stock opened at $108.74 on Friday. Federal Realty Investment Trust has a 52 week low of $80.65 and a 52 week high of $109.94. The company has a market capitalization of $9.38 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 4.77 and a beta of 1.02. The company has a 50-day simple moving average of $103.33 and a 200 day simple moving average of $100.20. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.67 and a current ratio of 1.67.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The company had revenue of $336.05 million for the quarter, compared to analyst estimates of $327.65 million. During the same quarter last year, the business earned $1.73 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. On average, sell-side analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be issued a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio is currently 96.79%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Stifel Nicolaus increased their price target on Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Scotiabank decreased their target price on shares of Federal Realty Investment Trust from $114.00 to $113.00 and set a “sector outperform” rating for the company in a research note on Wednesday, January 14th. Evercore set a $107.00 target price on shares of Federal Realty Investment Trust in a report on Tuesday, February 17th. Truist Financial upped their price target on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a research report on Tuesday, December 2nd. Finally, Wall Street Zen raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $111.00.

Federal Realty Investment Trust 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.