Private Management Group Inc. Raises Stock Position in Federal Realty Investment Trust $FRT

Private Management Group Inc. boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT) by 168.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 279,772 shares of the real estate investment trust’s stock after acquiring an additional 175,377 shares during the quarter. Private Management Group Inc.’s holdings in Federal Realty Investment Trust were worth $28,344,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FRT. EverSource Wealth Advisors LLC raised its holdings 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 period. Ethic Inc. lifted its position in shares of Federal Realty Investment Trust by 3.3% during the 3rd quarter. Ethic Inc. now owns 3,987 shares of the real estate investment trust’s stock valued at $404,000 after buying an additional 126 shares in the last quarter. AlTi Global Inc. grew its stake in Federal Realty Investment Trust by 0.7% in the 3rd quarter. AlTi Global Inc. now owns 18,431 shares of the real estate investment trust’s stock valued at $1,867,000 after acquiring an additional 127 shares during the period. Quadrant Capital Group LLC increased its holdings in Federal Realty Investment Trust by 5.3% in the 2nd quarter. Quadrant Capital Group LLC now owns 2,877 shares of the real estate investment trust’s stock worth $273,000 after acquiring an additional 146 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Federal Realty Investment Trust by 0.5% during the third quarter. HighTower Advisors LLC now owns 32,783 shares of the real estate investment trust’s stock worth $3,321,000 after purchasing an additional 161 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on FRT. Mizuho set a $105.00 target price on shares of Federal Realty Investment Trust in a report on Friday, January 9th. JPMorgan Chase & Co. raised Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $107.00 to $114.00 in a research note on Thursday, December 18th. Stifel Nicolaus lifted their price target on shares of 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. Truist Financial lifted their target price on shares of Federal Realty Investment Trust from $105.00 to $109.00 and gave the company a “hold” rating in a report on Tuesday, December 2nd. Finally, Piper Sandler upped their price target on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $111.13.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $104.48 on Friday. The stock’s 50-day moving average is $104.60 and its two-hundred day moving average is $100.99. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.67 and a quick ratio of 1.67. Federal Realty Investment Trust has a 1-year low of $80.65 and a 1-year high of $110.89. The company has a market cap of $9.01 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 4.62 and a beta of 0.99.

Federal Realty Investment Trust (NYSE:FRT) last posted its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business had revenue of $336.05 million during the quarter, compared to analysts’ expectations of $327.65 million. During the same period last year, the company earned $1.73 EPS. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. Analysts forecast that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be given a $1.13 dividend. This represents a $4.52 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 1st. Federal Realty Investment Trust’s dividend payout ratio (DPR) is 96.79%.

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.