Horizon Investments LLC Has $1.64 Million Stake in Federal Realty Investment Trust $FRT

Horizon Investments LLC decreased its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 78.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,492 shares of the real estate investment trust's stock after selling 59,694 shares during the period. Horizon Investments LLC's holdings in Federal Realty Investment Trust were worth $1,644,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Danske Bank A S increased its holdings in shares of Federal Realty Investment Trust by 16.7% during the 4th quarter. Danske Bank A S now owns 700 shares of the real estate investment trust's stock valued at $71,000 after acquiring an additional 100 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Federal Realty Investment Trust by 2.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 3,849 shares of the real estate investment trust's stock valued at $388,000 after acquiring an additional 103 shares during the last quarter. Equitable Holdings Inc. increased its holdings in shares of Federal Realty Investment Trust by 3.5% during the 3rd quarter. Equitable Holdings Inc. now owns 3,114 shares of the real estate investment trust's stock valued at $315,000 after acquiring an additional 105 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Federal Realty Investment Trust by 18.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 690 shares of the real estate investment trust's stock valued at $66,000 after acquiring an additional 109 shares during the last quarter. Finally, Fort Point Capital Partners LLC increased its holdings in shares of Federal Realty Investment Trust by 1.4% during the 3rd quarter. Fort Point Capital Partners LLC now owns 7,757 shares of the real estate investment trust's stock valued at $786,000 after acquiring an additional 110 shares during the last quarter. Institutional investors and hedge funds own 93.86% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FRT. Scotiabank lifted their price target on Federal Realty Investment Trust from $113.00 to $118.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, March 24th. Weiss Ratings raised Federal Realty Investment Trust from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday. Evercore set a $110.00 price target on Federal Realty Investment Trust in a research report on Monday. Barclays dropped their price target on Federal Realty Investment Trust from $109.00 to $107.00 and set an "equal weight" rating on the stock in a research report on Monday, April 13th. Finally, Citigroup lifted their price target on Federal Realty Investment Trust from $106.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $113.13.

Federal Realty Investment Trust Stock Performance

Shares of NYSE FRT opened at $115.29 on Wednesday. The company has a quick ratio of 1.67, a current ratio of 1.64 and a debt-to-equity ratio of 1.51. The business's 50 day moving average is $108.03 and its two-hundred day moving average is $103.09. The company has a market cap of $9.96 billion, a P/E ratio of 20.02, a P/E/G ratio of 4.99 and a beta of 0.92. Federal Realty Investment Trust has a 12 month low of $89.99 and a 12 month high of $115.66.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 15.99% and a net margin of 38.63%.The firm had revenue of $336.05 million for the quarter, compared to analyst estimates of $327.65 million. During the same period in the previous year, the business posted $1.73 EPS. Federal Realty Investment Trust'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 7.420-7.520 EPS. On average, equities analysts expect that Federal Realty Investment Trust will post 7.51 EPS for the current year.

Federal Realty Investment Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $1.13 per share. This represents a $4.52 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, July 1st. Federal Realty Investment Trust's dividend payout ratio (DPR) is presently 78.47%.

Federal Realty Investment Trust 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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