Oak Thistle LLC Buys 18,834 Shares of Federal Realty Investment Trust $FRT

Key Points

• Oak Thistle LLC boosted its stake in Federal Realty Investment Trust (FRT) by 382.6% in Q4, adding 18,834 shares to hold 23,756 shares valued at about $2.395 million.
• Federal Realty announced a quarterly dividend of $1.13 (annualized $4.52) with an ex-dividend date of April 1 and a yield of 4.2%, while the dividend payout ratio is a high 96.79%.
• FRT missed Q results on EPS ($1.48 vs. $1.86 expected) but revenue rose 7.8% year-over-year; analysts maintain a consensus rating of Moderate Buy with a $112.57 average price target.

Oak Thistle LLC boosted its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 382.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,756 shares of the real estate investment trust's stock after acquiring an additional 18,834 shares during the quarter. Oak Thistle LLC's holdings in Federal Realty Investment Trust were worth $2,395,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FRT. True Wealth Design LLC increased its stake in Federal Realty Investment Trust by 88.7% during the fourth quarter. True Wealth Design LLC now owns 268 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 126 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter valued at approximately $35,000. Quent Capital LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter valued at approximately $39,000. Hantz Financial Services Inc. grew its stake 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 valued at $42,000 after buying an additional 379 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Federal Realty Investment Trust by 87.4% during the third quarter. Brown Brothers Harriman & Co. now owns 491 shares of the real estate investment trust's stock valued at $50,000 after buying an additional 229 shares during the last quarter. 93.86% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on FRT. Evercore set a $107.00 target price on Federal Realty Investment Trust in a research note on Tuesday, February 17th. Piper Sandler increased their price objective on Federal Realty Investment Trust from $115.00 to $127.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 17th. Mizuho set a $105.00 price objective on Federal Realty Investment Trust in a research note on Friday, January 9th. Jefferies Financial Group raised Federal Realty Investment Trust from a "hold" rating to a "buy" rating and increased their price objective for the stock from $101.00 to $115.00 in a research note on Monday, December 15th. Finally, Scotiabank increased their price objective on Federal Realty Investment Trust from $113.00 to $118.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $112.57.

Federal Realty Investment Trust Stock Performance

Shares of FRT opened at $107.09 on Wednesday. Federal Realty Investment Trust has a 12 month low of $80.65 and a 12 month high of $110.89. The stock has a fifty day moving average price of $105.73 and a 200-day moving average price of $101.57. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.57. The firm has a market cap of $9.25 billion, a PE ratio of 22.93, a P/E/G ratio of 4.69 and a beta of 0.98.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $1.48 EPS for the quarter, missing the consensus estimate of $1.86 by ($0.38). The business had revenue of $336.05 million for the quarter, compared to analysts' expectations of $327.65 million. Federal Realty Investment Trust had a net margin of 32.14% and a return on equity of 13.10%. The business's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.73 EPS. Federal Realty Investment Trust has set its FY 2026 guidance at 7.420-7.520 EPS. Equities research analysts predict that Federal Realty Investment Trust will post 7.15 earnings per share for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be paid a $1.13 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $4.52 dividend on an annualized basis and a yield of 4.2%. Federal Realty Investment Trust's dividend payout ratio (DPR) is 96.79%.

About Federal Realty Investment Trust

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.