M&T Bank Corp Invests $4.47 Million in Federal Realty Investment Trust $FRT

M&T Bank Corp acquired a new position in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 44,370 shares of the real estate investment trust's stock, valued at approximately $4,472,000. M&T Bank Corp owned 0.05% of Federal Realty Investment Trust as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FRT. True Wealth Design LLC boosted its stake in Federal Realty Investment Trust by 88.7% in the 4th quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 126 shares during the period. Private Trust Co. NA raised its stake in shares of Federal Realty Investment Trust by 937.5% in the 4th quarter. Private Trust Co. NA now owns 332 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 300 shares during the period. Advisory Services Network LLC bought a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $35,000. Quent Capital LLC bought a new stake in shares of Federal Realty Investment Trust in the third quarter valued at about $39,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Federal Realty Investment Trust by 1,148.5% during the third quarter. Hantz Financial Services Inc. now owns 412 shares of the real estate investment trust's stock worth $42,000 after buying an additional 379 shares during the period. 93.86% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Truist Financial increased their price objective on Federal Realty Investment Trust from $111.00 to $112.00 and gave the stock a "hold" rating in a report on Monday, March 23rd. Piper Sandler boosted their target price on Federal Realty Investment Trust from $115.00 to $127.00 and gave the company an "overweight" rating in a research note on Tuesday, February 17th. Stifel Nicolaus upped their price target on Federal Realty Investment Trust from $109.50 to $111.00 and gave the stock a "hold" rating in a research report on Friday, February 13th. UBS Group set a $113.00 price target on shares of Federal Realty Investment Trust in a research note on Wednesday, January 14th. Finally, Evercore set a $107.00 price objective on shares of Federal Realty Investment Trust in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, Federal Realty Investment Trust presently has an average rating of "Moderate Buy" and a consensus target price of $112.43.

Federal Realty Investment Trust Price Performance

Shares of NYSE FRT opened at $111.12 on Monday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.67 and a quick ratio of 1.67. The business has a 50-day moving average of $107.42 and a 200-day moving average of $102.56. The stock has a market capitalization of $9.60 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 4.86 and a beta of 0.98. Federal Realty Investment Trust has a fifty-two week low of $89.99 and a fifty-two week high of $113.09.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last released its earnings results on Thursday, February 12th. The real estate investment trust reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.86 by ($0.38). Federal Realty Investment Trust had a return on equity of 13.10% and a net margin of 32.14%.The company had revenue of $336.05 million for the quarter, compared to the consensus estimate of $327.65 million. During the same quarter in the previous year, the company posted $1.73 EPS. The business's revenue was up 7.8% on a year-over-year basis. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. As a group, sell-side analysts predict that Federal Realty Investment Trust will post 7.47 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were given a dividend of $1.13 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $4.52 annualized dividend and a dividend yield of 4.1%. Federal Realty Investment Trust's payout ratio is 96.79%.

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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