Graham Capital Management L.P. Has $316,000 Stock Holdings in Federal Realty Investment Trust (NYSE:FRT)

Graham Capital Management L.P. reduced its position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 85.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,821 shares of the real estate investment trust's stock after selling 16,709 shares during the quarter. Graham Capital Management L.P.'s holdings in Federal Realty Investment Trust were worth $316,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Federal Realty Investment Trust by 3.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,885,992 shares of the real estate investment trust's stock valued at $561,743,000 after purchasing an additional 168,885 shares during the last quarter. LPL Financial LLC lifted its position in shares of Federal Realty Investment Trust by 17.5% in the fourth quarter. LPL Financial LLC now owns 83,289 shares of the real estate investment trust's stock valued at $9,324,000 after buying an additional 12,387 shares during the last quarter. Vert Asset Management LLC boosted its stake in shares of Federal Realty Investment Trust by 12.3% during the 4th quarter. Vert Asset Management LLC now owns 33,024 shares of the real estate investment trust's stock worth $3,697,000 after acquiring an additional 3,617 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Federal Realty Investment Trust by 8.7% during the 3rd quarter. Principal Financial Group Inc. now owns 93,306 shares of the real estate investment trust's stock worth $10,727,000 after acquiring an additional 7,501 shares during the period. Finally, Blue Trust Inc. increased its holdings in shares of Federal Realty Investment Trust by 14.5% during the 4th quarter. Blue Trust Inc. now owns 1,380 shares of the real estate investment trust's stock worth $159,000 after acquiring an additional 175 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on FRT shares. Stifel Nicolaus cut their price target on 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. Raymond James cut their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. Mizuho reduced their target price on shares of 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. Citigroup reissued a "neutral" rating and issued a $106.00 price target (down from $135.00) on shares of Federal Realty Investment Trust in a report on Friday, March 28th. Finally, Truist Financial downgraded shares of Federal Realty Investment Trust from a "buy" rating to a "hold" rating and cut their price objective for the stock from $114.00 to $105.00 in a research report on Thursday, March 13th. Five investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $116.18.

Federal Realty Investment Trust Stock Performance

NYSE FRT traded down $2.56 during trading on Wednesday, reaching $93.88. The company's stock had a trading volume of 723,611 shares, compared to its average volume of 684,441. The firm has a 50 day moving average price of $94.39 and a 200 day moving average price of $104.05. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $118.34. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 2.20 and a beta of 1.10. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.01. The business had revenue of $302.29 million for the quarter, compared to the consensus estimate of $307.55 million. Federal Realty Investment Trust had a return on equity of 9.89% and a net margin of 24.38%. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.64 earnings per share. As a group, equities analysts anticipate that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date is Tuesday, July 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 126.07%.

About Federal Realty Investment Trust

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.