484,702 Shares in Federal Realty Investment Trust $FRT Bought by Wellington Management Group LLP

Wellington Management Group LLP purchased a new stake in Federal Realty Investment Trust (NYSE:FRT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 484,702 shares of the real estate investment trust's stock, valued at approximately $59,832,000. Wellington Management Group LLP owned approximately 0.56% of Federal Realty Investment Trust at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in Federal Realty Investment Trust by 90.2% in the 1st quarter. Bank of America Corp DE now owns 509,498 shares of the real estate investment trust's stock worth $54,114,000 after purchasing an additional 241,684 shares in the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of Federal Realty Investment Trust by 1,175.7% during the second quarter. Contravisory Investment Management Inc. now owns 9,708 shares of the real estate investment trust's stock valued at $1,198,000 after purchasing an additional 8,947 shares in the last quarter. UBS Group AG boosted its stake in shares of Federal Realty Investment Trust by 23.3% during the fourth quarter. UBS Group AG now owns 382,183 shares of the real estate investment trust's stock valued at $38,524,000 after purchasing an additional 72,293 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Federal Realty Investment Trust during the first quarter worth about $1,519,000. Finally, Farmers & Merchants Investments Inc. grew its holdings in shares of Federal Realty Investment Trust by 42,977.6% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 21,108 shares of the real estate investment trust's stock worth $2,128,000 after purchasing an additional 21,059 shares during the last quarter. 93.86% of the stock is owned by institutional investors.

Federal Realty Investment Trust Price Performance

Shares of FRT opened at $117.02 on Friday. The business has a 50-day moving average of $120.99 and a 200-day moving average of $115.58. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.70 and a quick ratio of 1.70. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 23.64, a price-to-earnings-growth ratio of 2.90 and a beta of 0.91. Federal Realty Investment Trust has a 1 year low of $90.03 and a 1 year high of $128.21.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its earnings results on Friday, July 31st. The real estate investment trust reported $0.97 earnings per share for the quarter, missing analysts' consensus estimates of $1.85 by ($0.88). Federal Realty Investment Trust had a net margin of 32.67% and a return on equity of 13.65%. The firm had revenue of $335.71 million for the quarter, compared to analyst estimates of $331.92 million. During the same period in the prior year, the company posted $1.91 EPS. The business's revenue for the quarter was up 7.8% compared to the same quarter last year. Federal Realty Investment Trust has set its FY 2026 guidance at 7.480-7.560 EPS. As a group, equities research analysts anticipate that Federal Realty Investment Trust will post 7.54 earnings per share for the current year.

Federal Realty Investment Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, October 1st. This is an increase from Federal Realty Investment Trust's previous quarterly dividend of $1.13. Federal Realty Investment Trust's dividend payout ratio (DPR) is 91.31%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wolfe Research started coverage on shares of Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an "outperform" rating and a $143.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised shares of Federal Realty Investment Trust from a "hold" rating to a "buy" rating and set a $135.00 target price on the stock in a report on Friday, May 29th. JPMorgan Chase & Co. raised their price target on shares of Federal Realty Investment Trust from $115.00 to $124.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Weiss Ratings lowered shares of Federal Realty Investment Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday. Finally, Mizuho set a $130.00 price objective on shares of Federal Realty Investment Trust and gave the stock an "outperform" rating in a research note on Monday, June 1st. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Federal Realty Investment Trust presently has an average rating of "Moderate Buy" and a consensus price target of $128.44.

Federal Realty Investment Trust Company 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.

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