Susquehanna Fundamental Investments LLC Acquires Shares of 67,378 Federal Realty Investment Trust (NYSE:FRT)

Susquehanna Fundamental Investments LLC bought a new position in Federal Realty Investment Trust (NYSE:FRT - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 67,378 shares of the real estate investment trust's stock, valued at approximately $7,543,000. Susquehanna Fundamental Investments LLC owned 0.08% of Federal Realty Investment Trust as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Federal Realty Investment Trust by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 13,041,061 shares of the real estate investment trust's stock valued at $1,459,947,000 after purchasing an additional 218,671 shares during the last quarter. Norges Bank acquired a new stake in Federal Realty Investment Trust in the fourth quarter valued at approximately $810,544,000. JPMorgan Chase & Co. raised its position in shares of Federal Realty Investment Trust by 3.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock worth $561,743,000 after purchasing an additional 168,885 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Federal Realty Investment Trust by 41.4% in the fourth quarter. Invesco Ltd. now owns 3,053,443 shares of the real estate investment trust's stock worth $341,833,000 after acquiring an additional 893,258 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Federal Realty Investment Trust by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 2,033,880 shares of the real estate investment trust's stock worth $227,457,000 after purchasing an additional 77,783 shares during the last quarter. 93.86% of the stock is currently owned by institutional investors.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded up $1.26 on Friday, hitting $96.52. 526,499 shares of the company's stock were exchanged, compared to its average volume of 679,340. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.97 and a quick ratio of 1.97. Federal Realty Investment Trust has a fifty-two week low of $80.65 and a fifty-two week high of $118.34. The firm has a market cap of $8.28 billion, a price-to-earnings ratio of 28.14, a P/E/G ratio of 2.20 and a beta of 1.08. The firm's 50-day moving average price is $95.90 and its two-hundred day moving average price is $105.65.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The company had revenue of $311.44 million for the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, research analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were given a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.56%. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 128.28%.

Wall Street Analyst Weigh In

FRT has been the topic of several recent analyst reports. Truist Financial lowered Federal Realty Investment Trust from a "buy" rating to a "hold" rating and decreased their price target for the company from $114.00 to $105.00 in a research note on Thursday, March 13th. Raymond James cut their price target on Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Stifel Nicolaus lowered their price target on shares of Federal Realty Investment Trust from $115.75 to $115.00 and set a "hold" rating for the company in a report on Friday, February 14th. JPMorgan Chase & Co. decreased their price objective on shares of Federal Realty Investment Trust from $125.00 to $114.00 and set an "overweight" rating for the company in a research note on Friday, March 7th. Finally, Mizuho reduced their target price on Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating for the company in a report on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Federal Realty Investment Trust has a consensus rating of "Moderate Buy" and an average target price of $116.00.

Federal Realty Investment Trust Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.