Federal Realty Investment Trust (NYSE:FRT) Stock Holdings Cut by Vident Advisory LLC

Vident Advisory LLC lowered its stake in shares of Federal Realty Investment Trust (NYSE:FRT - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,692 shares of the real estate investment trust's stock after selling 7,088 shares during the quarter. Vident Advisory LLC's holdings in Federal Realty Investment Trust were worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in FRT. Norges Bank acquired a new stake in Federal Realty Investment Trust in the fourth quarter worth about $810,544,000. Centersquare Investment Management LLC raised its position in Federal Realty Investment Trust by 935.8% during the fourth quarter. Centersquare Investment Management LLC now owns 1,042,016 shares of the real estate investment trust's stock valued at $116,654,000 after acquiring an additional 941,414 shares in the last quarter. Invesco Ltd. raised its position in Federal Realty Investment Trust by 41.4% during the fourth quarter. Invesco Ltd. now owns 3,053,443 shares of the real estate investment trust's stock valued at $341,833,000 after acquiring an additional 893,258 shares in the last quarter. Northern Trust Corp increased its position in shares of Federal Realty Investment Trust by 73.4% in the fourth quarter. Northern Trust Corp now owns 1,234,753 shares of the real estate investment trust's stock valued at $138,231,000 after buying an additional 522,531 shares in the last quarter. Finally, Resolution Capital Ltd increased its position in shares of Federal Realty Investment Trust by 12.4% in the fourth quarter. Resolution Capital Ltd now owns 3,523,155 shares of the real estate investment trust's stock valued at $394,417,000 after buying an additional 389,266 shares in the last quarter. Institutional investors own 93.86% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FRT shares. Scotiabank reaffirmed an "outperform" rating on shares of Federal Realty Investment Trust in a research note on Wednesday, May 21st. Wells Fargo & Company cut their price objective on Federal Realty Investment Trust from $125.00 to $113.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Piper Sandler lowered their price objective on Federal Realty Investment Trust from $135.00 to $120.00 and set an "overweight" rating for the company in a research report on Friday, May 23rd. Wall Street Zen raised Federal Realty Investment Trust from a "sell" rating to a "hold" rating in a research report on Friday, February 21st. Finally, JPMorgan Chase & Co. decreased their price objective on Federal Realty Investment Trust from $114.00 to $108.00 and set an "overweight" rating for the company in a research report on Thursday, May 22nd. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $113.64.

Federal Realty Investment Trust Price Performance

NYSE FRT traded down $0.57 during mid-day trading on Wednesday, hitting $94.55. The stock had a trading volume of 164,760 shares, compared to its average volume of 687,935. Federal Realty Investment Trust has a 52-week low of $80.65 and a 52-week high of $118.34. The company has a market cap of $8.11 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 2.20 and a beta of 1.10. The company has a 50 day simple moving average of $94.02 and a 200 day simple moving average of $103.37. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45.

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

Federal Realty Investment Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Tuesday, July 1st. Federal Realty Investment Trust's payout ratio is 126.07%.

Federal Realty Investment Trust Company Profile

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.