Yousif Capital Management LLC Boosts Stock Position in Federal Realty Investment Trust (NYSE:FRT)

Yousif Capital Management LLC lifted its holdings in Federal Realty Investment Trust (NYSE:FRT - Free Report) by 4.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,409 shares of the real estate investment trust's stock after purchasing an additional 3,220 shares during the quarter. Yousif Capital Management LLC owned about 0.10% of Federal Realty Investment Trust worth $8,061,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FRT. FIL Ltd lifted its position in Federal Realty Investment Trust by 0.3% during the 4th quarter. FIL Ltd now owns 35,591 shares of the real estate investment trust's stock worth $3,984,000 after acquiring an additional 95 shares during the period. Oregon Public Employees Retirement Fund raised its stake in shares of Federal Realty Investment Trust by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,554 shares of the real estate investment trust's stock worth $734,000 after purchasing an additional 110 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Federal Realty Investment Trust by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust's stock worth $62,000 after purchasing an additional 111 shares during the period. Keybank National Association OH lifted its holdings in shares of Federal Realty Investment Trust by 5.1% during the fourth quarter. Keybank National Association OH now owns 2,616 shares of the real estate investment trust's stock worth $293,000 after purchasing an additional 128 shares during the period. Finally, Versant Capital Management Inc boosted its position in Federal Realty Investment Trust by 82.3% in the first quarter. Versant Capital Management Inc now owns 288 shares of the real estate investment trust's stock valued at $28,000 after buying an additional 130 shares during the last quarter. 93.86% of the stock is currently owned by hedge funds and other institutional investors.

Federal Realty Investment Trust Stock Down 1.5%

FRT traded down $1.43 during trading hours on Friday, hitting $95.21. 405,449 shares of the company's stock were exchanged, compared to its average volume of 699,213. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 1.45. Federal Realty Investment Trust has a 12-month low of $80.65 and a 12-month high of $118.34. The firm has a market cap of $8.17 billion, a P/E ratio of 27.76, a price-to-earnings-growth ratio of 2.20 and a beta of 1.11. The firm has a 50 day moving average of $94.38 and a 200 day moving average of $101.69.

Federal Realty Investment Trust (NYSE:FRT - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The real estate investment trust reported $1.70 earnings per share (EPS) 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 business had revenue of $302.29 million for the quarter, compared to analysts' expectations of $307.55 million. During the same period last year, the firm earned $1.64 earnings per share. The company's revenue for the quarter was up 6.1% compared to the same quarter last year. Analysts predict that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.62%. Federal Realty Investment Trust's payout ratio is 126.07%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on FRT shares. Piper Sandler lowered their price target on shares of Federal Realty Investment Trust from $135.00 to $120.00 and set an "overweight" rating on the stock in a report on Friday, May 23rd. Mizuho decreased their price target on shares of Federal Realty Investment Trust from $119.00 to $107.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 25th. Scotiabank restated an "outperform" rating on shares of Federal Realty Investment Trust in a research report on Wednesday, May 21st. JPMorgan Chase & Co. dropped their target price on Federal Realty Investment Trust from $114.00 to $108.00 and set an "overweight" rating for the company in a report on Thursday, May 22nd. Finally, Raymond James reduced their price target on shares of Federal Realty Investment Trust from $117.00 to $110.00 and set an "outperform" rating on the stock in a research report on Friday, May 23rd. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $113.33.

About Federal Realty Investment Trust

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.