ProShare Advisors LLC Sells 119,103 Shares of Federal Realty Investment Trust $FRT

Key Points

• ProShare Advisors reduced its Federal Realty Investment Trust stake by 8.1%, selling 119,103 shares in the third quarter. It still held 1.34 million shares worth approximately $145.6 million, representing about 1.56% of the company.
• Federal Realty shares opened at $110.19, within a 52-week range of $90.03 to $128.21. Institutional investors and hedge funds collectively own 93.86% of the stock.
• Analyst sentiment remains moderately positive, with a consensus rating of “Moderate Buy” and an average price target of $124.62, although several firms recently lowered their targets or downgraded the stock.

ProShare Advisors LLC decreased its holdings in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 8.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,344,848 shares of the real estate investment trust's stock after selling 119,103 shares during the period. ProShare Advisors LLC owned approximately 1.56% of Federal Realty Investment Trust worth $145,634,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Federal Realty Investment Trust in the third quarter worth approximately $40,000. MassMutual Private Wealth & Trust FSB raised its position in Federal Realty Investment Trust by 64.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 370 shares of the real estate investment trust's stock valued at $46,000 after buying an additional 145 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in Federal Realty Investment Trust during the 2nd quarter valued at $123,000. Pension & Wealth Management Advisors Inc. boosted its holdings in Federal Realty Investment Trust by 12.4% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,045 shares of the real estate investment trust's stock worth $113,000 after acquiring an additional 115 shares during the last quarter. Finally, Pflug Koory LLC grew its stake in shares of Federal Realty Investment Trust by 122.9% in the 3rd quarter. Pflug Koory LLC now owns 1,059 shares of the real estate investment trust's stock worth $115,000 after acquiring an additional 584 shares in the last quarter. 93.86% of the stock is currently owned by institutional investors and hedge funds.

Federal Realty Investment Trust Stock Performance

NYSE FRT opened at $110.19 on Friday. Federal Realty Investment Trust has a 52-week low of $90.03 and a 52-week high of $128.21. The company has a 50-day simple moving average of $110.98 and a 200 day simple moving average of $112.92. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market capitalization of $9.52 billion, a PE ratio of 22.04, a price-to-earnings-growth ratio of 2.75 and a beta of 0.93.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Friday, October 30th. The real estate investment trust reported $0.74 EPS for the quarter, missing the consensus estimate of $1.85 by ($1.11). The company had revenue of $339.02 million during the quarter, compared to the consensus estimate of $336.57 million. Federal Realty Investment Trust had a return on equity of 13.65% and a net margin of 32.67%. The business's revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.77 EPS. On average, research analysts predict that Federal Realty Investment Trust will post 7.54 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FRT shares. Weiss Ratings downgraded shares of Federal Realty Investment Trust from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, September 1st. Mizuho decreased their price objective on shares of Federal Realty Investment Trust from $130.00 to $117.00 and set an "outperform" rating for the company in a research note on Thursday, September 24th. Wall Street Zen cut shares of Federal Realty Investment Trust from a "hold" rating to a "sell" rating in a research report on Saturday. Scotiabank cut their target price on Federal Realty Investment Trust from $128.00 to $126.00 and set a "sector outperform" rating on the stock in a research note on Thursday, September 17th. Finally, Wolfe Research started coverage on Federal Realty Investment Trust in a report on Wednesday, July 8th. They issued an "outperform" rating and a $143.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, Federal Realty Investment Trust has an average rating of "Moderate Buy" and a consensus price target of $124.62.

Insider Activity at Federal Realty Investment Trust

In related news, Director Nicole Lamb-Hale sold 1,500 shares of the company's stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $108.89, for a total value of $163,335.00. Following the transaction, the director owned 4,613 shares in the company, valued at approximately $502,309.57. This represents a 24.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.10% of the company's stock.

Key Headlines Impacting Federal Realty Investment Trust

Here are the key news stories impacting Federal Realty Investment Trust this week:

• Positive Sentiment: Third-quarter funds from operations (FFO) rose to $1.87 per share from $1.77 a year earlier, exceeding the $1.85 analyst consensus. Revenue increased 5.2% year over year to $339.02 million, also topping estimates of $336.57 million. Federal Realty third-quarter results and guidance raise
• Positive Sentiment: Federal Realty raised its 2026 FFO guidance, signaling management expects continued strength across its high-quality retail properties. Rental income growth, strong leasing activity and favorable leasing spreads supported the quarter’s performance. Federal Realty FFO beat on rental growth and leasing
• Positive Sentiment: The earnings beat and guidance increase initially attracted investor interest, reinforcing the view that Federal Realty is benefiting from resilient consumer-oriented properties and limited new retail supply. Federal Realty trades higher after earnings beat
• Neutral Sentiment: Federal Realty Investment Trust’s 5% Series C preferred shares declared a quarterly dividend of $0.3125. The announcement supports the company’s income profile but applies to the preferred security rather than directly changing common-share earnings. Federal Realty preferred dividend announcement

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is a self-administered and self-managed real estate investment trust that owns, operates and redevelops high-quality retail and mixed-use properties. Its portfolio includes shopping centers, street retail, and mixed-use developments that combine retail, residential, office and hospitality uses.

The company focuses on densely populated, affluent communities and prominent locations in major metropolitan markets. Its properties are concentrated in regions including the Northeast, Mid-Atlantic, California and South Florida, and are leased to a broad range of retailers, restaurants, service providers and other commercial tenants.

Founded in 1962, Federal Realty has developed and managed properties designed to serve both local communities and national retailers.

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