Jain Global LLC Purchases New Position in Federal Realty Investment Trust $FRT

Jain Global LLC acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRTFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 148,518 shares of the real estate investment trust’s stock, valued at approximately $15,046,000. Jain Global LLC owned about 0.17% of Federal Realty Investment Trust at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in Federal Realty Investment Trust in the third quarter worth $39,000. Loomis Sayles & Co. L P bought a new position in shares of Federal Realty Investment Trust during the second quarter worth $41,000. Hantz Financial Services Inc. grew its holdings in shares of Federal Realty Investment Trust by 1,148.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust’s stock valued at $42,000 after buying an additional 379 shares during the period. Brown Brothers Harriman & Co. increased its position in shares of Federal Realty Investment Trust by 87.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 491 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 229 shares in the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of Federal Realty Investment Trust by 71.3% in the 3rd quarter. Clearstead Advisors LLC now owns 603 shares of the real estate investment trust’s stock valued at $61,000 after buying an additional 251 shares in the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on FRT shares. Jefferies Financial Group raised Federal Realty Investment Trust from a “hold” rating to a “buy” rating and raised their price objective for the stock from $101.00 to $115.00 in a research note on Monday, December 15th. Mizuho set a $105.00 price target on Federal Realty Investment Trust in a report on Friday, January 9th. Barclays raised their price target on Federal Realty Investment Trust from $107.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Stifel Nicolaus lifted their price objective on Federal Realty Investment Trust from $109.50 to $111.00 and gave the company a “hold” rating in a report on Friday, February 13th. Finally, Piper Sandler boosted their price objective on Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $111.13.

View Our Latest Stock Report on Federal Realty Investment Trust

Federal Realty Investment Trust Trading Down 0.8%

FRT opened at $104.48 on Monday. The stock has a market capitalization of $9.01 billion, a P/E ratio of 22.37, a P/E/G ratio of 4.59 and a beta of 0.99. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.57. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $110.89. The firm’s fifty day simple moving average is $104.60 and its 200 day simple moving average is $101.01.

Federal Realty Investment Trust (NYSE:FRTGet Free Report) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.38). The firm had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.Federal Realty Investment Trust’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter last year, the company posted $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, research analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company 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 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 currently 96.79%.

Federal Realty Investment Trust Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Federal Realty Investment Trust (NYSE:FRT)

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