Federal Realty Investment Trust (NYSE:FRT) Shares Bought by Cwm LLC

Cwm LLC boosted its holdings in shares of Federal Realty Investment Trust (NYSE:FRT) by 10.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,121 shares of the real estate investment trust’s stock after acquiring an additional 110 shares during the period. Cwm LLC’s holdings in Federal Realty Investment Trust were worth $129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FRT. Westwood Holdings Group Inc. raised its position in Federal Realty Investment Trust by 571.1% during the second quarter. Westwood Holdings Group Inc. now owns 642,446 shares of the real estate investment trust’s stock worth $64,868,000 after acquiring an additional 546,711 shares during the last quarter. Millennium Management LLC raised its position in shares of Federal Realty Investment Trust by 304.0% in the second quarter. Millennium Management LLC now owns 415,603 shares of the real estate investment trust’s stock valued at $41,963,000 after buying an additional 312,726 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Federal Realty Investment Trust by 1.5% in the first quarter. Vanguard Group Inc. now owns 12,731,109 shares of the real estate investment trust’s stock valued at $1,300,101,000 after buying an additional 193,740 shares during the last quarter. Mizuho Markets Americas LLC raised its position in shares of Federal Realty Investment Trust by 311.0% in the first quarter. Mizuho Markets Americas LLC now owns 212,129 shares of the real estate investment trust’s stock valued at $21,663,000 after buying an additional 160,519 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Federal Realty Investment Trust by 4.7% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,994,209 shares of the real estate investment trust’s stock valued at $201,355,000 after buying an additional 90,395 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company’s stock.

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 Federal Realty Investment Trust stock in a transaction on Monday, September 9th. The stock was sold at an average price of $116.47, for a total transaction of $691,482.39. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Donald C. Wood sold 30,292 shares of Federal Realty Investment Trust stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $116.17, for a total value of $3,519,021.64. Following the completion of the sale, the chief executive officer now directly owns 6,637 shares in the company, valued at $771,020.29. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Donald C. Wood sold 5,937 shares of Federal Realty Investment Trust stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $116.47, for a total value of $691,482.39. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Federal Realty Investment Trust Trading Down 0.4 %

Shares of FRT stock opened at $113.92 on Friday. Federal Realty Investment Trust has a 12 month low of $85.59 and a 12 month high of $118.34. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 1.57. The business’s 50 day moving average is $114.07 and its two-hundred day moving average is $107.21. The company has a market cap of $9.45 billion, a PE ratio of 40.54, a price-to-earnings-growth ratio of 2.11 and a beta of 1.23.

Federal Realty Investment Trust (NYSE:FRT) last announced its quarterly earnings data on Thursday, August 1st. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by ($0.36). The company had revenue of $295.80 million during the quarter, compared to analyst estimates of $293.61 million. Federal Realty Investment Trust had a return on equity of 10.07% and a net margin of 24.69%. The company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.67 EPS. Equities analysts predict that Federal Realty Investment Trust will post 6.81 EPS for the current year.

Federal Realty Investment Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, October 1st. This is a boost from Federal Realty Investment Trust’s previous quarterly dividend of $1.09. This represents a $4.40 dividend on an annualized basis and a dividend yield of 3.86%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 156.58%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FRT. Raymond James boosted their price objective on shares of Federal Realty Investment Trust from $108.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, August 16th. Evercore ISI boosted their price objective on shares of Federal Realty Investment Trust from $120.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Wells Fargo & Company boosted their target price on shares of Federal Realty Investment Trust from $115.00 to $122.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. Mizuho boosted their target price on shares of Federal Realty Investment Trust from $104.00 to $116.00 and gave the company a “neutral” rating in a report on Monday, August 19th. Finally, Truist Financial boosted their target price on shares of Federal Realty Investment Trust from $115.00 to $121.00 and gave the company a “buy” rating in a report on Wednesday, August 28th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $122.77.

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.